New Jersey’s regulated online gambling market had its second highest revenue month in April, despite online poker’s perpetual inability to grow.
Figures released Monday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s licensed online gambling operators generated combined revenue of $23m in April, a 10.6% improvement over the same month last year but below the record $25.6m set in March 2018.
In what has become a familiar refrain, the online casino vertical did all the heavy lifting, with revenue rising 12.7% year-on-year to $21.25m, while the online poker vertical continued its one-way ticket to Palookaville by falling 10.5% to $1.76m.
The Golden Nugget’s family of online casino sites – GoldenNuggetCasino.com, BetfairCasino.com and PlaySugarHouse.com – saw its revenue slip slightly from March’s record $8.65m but the $8.13m earned in April was still sufficient to claim top honors for the month.
The Borgata family of sites ranked second with just under $4.6m, of which $514k came from online poker. The Borgata’s online casino sites soft-launched their new live dealer casino games towards the end of the month, joining the Nugget, which became the first New Jersey operator to launch a live casino offering way back in August 2016.
Resorts Digital Gaming, whose operations include PokerStarsNJ.com and MoheganSunCasino.com, placed third with just over $3.6m, of which nearly $800k came via poker.
Caesars Interactive Entertainment New Jersey ranked fourth with $3.5m, to which poker contributed a mere $449k. The Tropicana’s casino-only site brought up the revenue rear with $3.17m in April.
The April numbers will likely get lost in the day’s far more eventful development, namely, New Jersey’s sports betting victory at the US Supreme Court. It seems a no-brainer to imagine that the state’s licensed online operators will be chomping at the bit to add sports wagering to their list of gambling products but they’ll have to wait for the DGE and state legislators to give them the all-clear.
March 10, 2016
PokerStars‘ New Jersey on line gambling web page plans a gentle-launch future Wednesday in advance of its scheduled formal launch on March 21.
On Thursday, Stars’ guardian enterprise Amaya Gaming introduced that Pokerstarsnj.com would allow for a utmost of 500 players to down load and exam-push the New Jersey site’s application setting up at 4pm regional time on March 16.
True-cash enjoy will be confined to 8-hour blocks among 4pm and midnight for the initially two days. This window will widen from 8am to midnight on Friday, March eighteen, with 24-hour entry granted on Saturday and Sunday.
Assuming no 5-yr-old nephews of Sheldon Adelson handle to elude the site’s age-verification obstructions, the relaxation of the state’s poker players – if there are basically additional than 500 – will be invited to start off playing on Monday the twenty first.
In addition to its flagship poker solution, Stars’ New Jersey web page will also characteristic a broad array of on line casino choices, and that array just received a minimal broader. On Thursday, Swedish on line casino technologies service provider NetEnt introduced that it experienced inked a deal with Amaya to supply desktop and cellular casino online games to Pokerstarsnj.com.
NetEnt already provides casino articles for Amaya’s European-facing sites, as properly as for the New Jersey digital functions of Amaya’s Atlantic Town brick-and-mortar associate Resorts Casino Lodge. In point, NetEnt provides most of the New Jersey on line licensees, such as the Borgata/Bwin.occasion tandem, the Golden Nugget, Tropicana/Gamesys and Caesars Interactive Leisure.
Bjorn Krantz, running director of NetEnt Americas, reported the deal was “yet additional evidence of the rely on and confidence that exist in NetEnt’s operational and portfolio abilities.” Amaya’s director of casino Sam Hobcraft was equally effusive, indicating NetEnt’s online games would assistance Pokerstarsnj.com develop into “one of the leaders in on line casino in New Jersey.”
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