New Jersey online poker monthly revenue hits new low

iGaming Business – New Jersey online poker revenue levels hit a brand new low in May after the US state’s Division of Gaming Enforcement (DGE) reported a second consecutive monthly decline in internet poker revenue.

The DGE posted online poker revenue of $2.3 million in May, a decrease of about 12.3% in comparison to the former month.

In April, the state also suffered a 19.3% month-on-month revenue drop to $2.6 million, however the May figures place online poker revenue at its lowest because it became regulated in New Jersey late last year.

Total internet gaming win for May was $10.5 million, down from $11.4 million within the previous month.

The Borgata Hotel Casino & Spa, combine with the PartyPoker internet poker brand of its online gaming operator bwin.party, remains the clear market leader with revenue of $1.2 million, but this figure is down approximately 13.3% at the amount generated within the previous month.

Despite the drop in total internet poker revenue, the DGE was in a position to report an 8.9% increase within the amount of total online gaming accounts within the state, with 351,136 accounts now live.

SOURCE

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