New Jersey I-Poker Revenues Falls To $1.87MOverall I-Gaming Falls To $8.7 Million For November |
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This wasn’t the way to celebrate one year of regulated online poker in the Garden State.
Internet gaming revenue in New Jersey for the month of November was $8.7 million, according to figures released by state gaming regulators late last week. Of that total, $1,877,603 came from online poker. That’s the smallest figure since the Garden State saw the launch of real-money online gambling late last year. October saw $1,967,904 from online poker, which was part of $9.48 million in overall I-gaming revenue.
As of Nov. 30, 2014, 506,172 Internet gaming accounts have been created, up 5.7 percent
from the 479,073 accounts as of Oct. 31, 2014.
Betfair closed its online poker site earlier this month, which followed Ultimate Gaming leaving the New Jersey market just weeks earlier.
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.
Total gaming win for the Atlantic City casino industry (including four discontinued operators) was $202.5 million in November 2014 compared to $225.7 million in November 2013. That’s a 10.3-percent decrease. A fifth Atlantic City casino could close this month.
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