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Betfair Closes Its New Jersey Poker Site

Peer-To-Peer Poker Had Generated Just $50 For Firm This Year

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This week, Betfair ended its online poker offerings on its Internet gambling platform in New Jersey, according to USPoker.com. Betfair will continue offering other casino games thanks to a partnership with the Golden Nugget Atlantic City.

Betfair, which previously had a partnership with the now-closed Trump Plaza and then briefly Caesars, generated just $50 in online poker rake in 2014, so it’s not really a surprise poker was shutdown indefinitely. In October, rake was $0.

Betfair has generated more than $6.6 million in revenue this year from other casino games.

Just two brick-and-mortar casino operators—Caesars and Borgata—are generating online poker revenue. There are four distinct poker sites between the two operators.

Betfair’s departure from the New Jersey online poker mix follows Ultimate Poker exiting the market last month. Overall, revenues from New Jersey online poker have been lackluster.

For the October online gaming revenue figures, click here.