November New Jersey online gaming revenue hits an all-time high of $13,222,543, with both online casino and online poker trends heading in the right direction.
PokerStars will be joining an online marketplace with a smile on its face after the New Jersey Division of Gaming Enforcement released solid online gaming revenues for November.
Revenue for online gaming in its entirety came in at $13,222,543. The state has never witnessed a number that big before. It was a 2.8% increase on October’s figures, and a Dolly Parton chest busting 51.2% increase year-on-year (Nov 2014 saw a $1.3m slots jackpot payout hit the numbers hard).
Online casino games continue to rise towards the sun for the third month in succession. The haul of $11,265,030 is a new record. October’s $10,950,532 was also a record.
On a casino by casino basis, Borgata/Party were the market leaders with $3,002,868, Tropicana/Virgin brought in $2,973,127, Golden Nugget/Betfair pulled in $2,200,820, Caesars/Harrah’s/888 $1,872,383, and Resorts AC $1,215,832.
Online Poker Booming
The online poker industry were hoping the only way was up after the all-time low revenue haul of $1,771,123 in September, and it seems the tide has turned.
The combined online poker market collected $1,957,513 in revenue, an increase of 2.3% from October, and 4.3% increase year-on-year. It’s the second northward trending month.
The team of BorgataPoker and PartyPoker NJ were the market leaders with $1,102,595 in revenue. WSOP.com and 888PokerNJ turned in $854,918.
Brick And Mortar Let’s The Side Down
Total gaming win for the combined New Jersey gambling market saw $204.3 million in revenue collected from punters. That was a 0.9% increase on the $202.5 million collected this time last year. The online gaming market was largely responsible for that as Casino Win for the month of November was $191.1m, a 1.4% dip year-on-year. The state took $15.9m in taxes.
The money was lost on the slots with a 2.7% decrease year-on-year ($134,659,376 v $138,376,182). Table Game win was up 1.9% year-on-year ($56,454,358 v $55,388,349). Total Gaming win YTD is down 7.1% ($2,371,457 v $2,551,637).
Once again it was The Borgata raking it in with $57,110,046, a 2.3% increase year-on-year. Harrah’s were next with $30,101,967, although that represented a 3% drop year-on-year. Caesars pulled in $24,337,156, a 5% drop year-on-year. Tropicana was the only other casino in excess of $20m. They pulled in $22,584,789, a 7.9% increase year-on-year.
