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New Jersey Online Poker Drops 34.2 Percent

Poker Sites Collect $2,045,655 In February

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Revenue from New Jersey’s online poker sites was $2,045,655 in February, a decline of 34.2 percent compared to February 2014, according to figures released by the state. New Jersey’s online gaming industry began in late 2013.

The combined online poker revenue of January and February of this year was $4,345,081, down from the January-February total last year of $6,551,474. Poker increasingly represents a tiny fraction of overall I-gaming win.

Poker networks from Borgata/PartyPoker and Caesars/888 are the players in the shrinking New Jersey Internet poker market. Two poker sites have already closed in the Garden State.

Overall online gaming revenue was $10,404,367 during February 2015, a slight increase from the previous February’s $10,307,086. Other web casino games are far more successful for the casinos than poker and this trend shows little signs of abating.

When combined with brick-and-mortar revenue, Atlantic City won $178,445,634 in February, a drop of 14.8 percent compared to February 2014’s $209,424,847.

Even if you discount all the brick-and-mortar and online operators that have closed in the time frame, overall gaming win dropped 1.9 percent year-over-year.