Poker Coverage: Poker Legislation Poker Tournaments Daily Fantasy Sports 2016 WSOP

New Jersey I-Gaming Starts 2016 On Big Upswing

Online Gaming Operators Win $14.6 Million In January

Print-icon
 

New Jersey’s online gaming sites collected $14.6 million from gamblers in January compared to $11.6 million during the same month last year, reflecting an increase of 26.5 percent, according to figures from New Jersey gaming regulators.

Casino win for the month of January was $175.5 million compared to $186.0 million in January 2015, a 5.6-percent decrease. Atlantic City’s continued casino gambling market decline has prompted lawmakers to push for casinos in North Jersey.

Revenue from online poker was $2.15 million in January, down 6.4 percent compared to January 2015’s $2.3 million, the state report said.

Borgata led the way with $4.57 million of the total online gaming revenue, followed by Caesars Interactive NJ with $3.23 million, Tropicana with $2.9 million, the Golden Nugget with $2.5 million and Resorts Digital with $1.4 million.

Borgata’s revenue was up 20.7 percent year-over-year, which was the largest increase out of Atlantic City’s online gaming operators.

The online casinos won $148.9 million from gamblers in 2015, up 21.2 percent from the $122.88 million won in 2014. However, poker play fell 18.1 percent on the year, going from $29.1 million in 2014 to $23.82 million in 2015.

Since launching in late 2013, New Jersey’s online gaming industry has won roughly $295 million.

New Jersey gave a license last fall to PokerStars, the world’s largest online poker site in terms of users. It has nearly 70 percent of the global online poker market. The company said it will kick off its games sometime in the first half of 2016.