New Jersey Online Casinos Win $148M In 2015
Revenue Increases 21 Percent Year-Over-Year
Last week, New Jersey gaming regulators released revenue figures for December, which showed that online gaming has reached new heights in the state.
December Internet gaming revenue was $14.04 million, up nearly 31 percent from December 2014’s $10.74 million. Revenue from poker did fall to $1.98 million, down from $2.06 million the previous year.
The $14.04 million was a monthly record for the state, which kicked off online gaming in late 2013. The previous record was the $13.2 million this past November.
Since launching, New Jersey’s online gaming industry has won roughly $280 million.
The revenue from December brought 2015’s overall Internet gaming total to $148.88 million, up 21.2 percent from the $122.88 million won in 2014. Poker play fell 18.1 percent on the year, going from $29.06 million in 2014 to $23.82 million in 2015.
Here’s the Internet gaming win breakdown by operator:
Caesars Interactive NJ: $32,638,153
Golden Nugget: $30,968,182
Resorts Digital: $6,783,831
Despite the help from online gaming, Atlantic City casino win in 2015 was $2.56 billion, down 6.5 percent from $2.74 billion in 2014. The market has been contracting ever since 2006’s record of more than $5 billion.
The continued struggles for the city have prompted lawmakers not only to push for casinos in North Jersey, but to also consider a plan for a state takeover of Atlantic City’s finances. The gambling town might be on the verge of bankruptcy.
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