New Jersey online gambling revenues continue to rise

News on 13 Aug 2015

The latest numbers from the New Jersey Division of Gaming Enforcement show that the state’s regulated online sites generated $12.5 million in revenue in August, up 24.4 percent year-on-year and almost 7 percent higher than the preceding month of June 2015.

Online casino action continued to deliver the best results, rising 34.4 percent y-o-y to $10.6 million; for the seven months of 2015 to date, online gambling revenues have increased by 15.6 percent y-o-y and now stand at $84.5 million.

Online poker lagged again in July, declining 12.2 percent to $1.9 million.

The Borgata-Bwin-Pala alliance remained the top dog among the operators, generating $3.8 million of total revenues – up 19 percent y-o-y, with Caesars Interactive again chasing on $2.7 million, showing little improvement over July last year despite the  buzz around WSOP.

The Tropicana claimed third spot, with its casino action only online operation delivering $2.74 million, just ahead of Golden Nugget on $2.73 million.

Newcomer Resorts reported a fifth consecutive monthly improvement at $558,000.

Gambling stats from the DGE showed that total gaming win from Atlantic City casinos was $257.5 million in July 2015 compared to $274.3 million in July 2014 a 6.2 percent decline. Casino win was $245 million, and Internet gaming win was $12.5 million.

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