New Jersey I-Casino Revenue Up 39 Percent In JulyState Sets New Record For Internet Gaming Win |
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Licensed online casinos in the state of New Jersey won and raked $17.4 million from gamblers during the month of July, an increase of 38.6 percent compared to July 2015.
It was also a record month for the state’s online gambling industry, which is nearing three years old. The only other time the online casinos broke the $17-million mark was in April of this year.
Revenue from peer-to-peer poker was just over $2 million, up 6.7 percent from roughly $1.9 million a year ago. The other online casino games generated $15.4 million, which was a 44.2-percent increase year-over-year from $10.6 million.
For the first seven months of 2016, here are the totals:
Online poker: $15.7 million (10.8-percent increase)
Other authorized games: $96.4 million (37.2-percent increase)
Total online gaming win: $112.2 million (32.8-percent increase)
For July, Borgata led the way with just under $4 million in online gaming revenue, followed by Golden Nugget ($3.7 million), Caesars Interactive NJ ($3.4 million), Tropicana ($3.2 million) and Resorts Digital ($3.1 million). Only Resorts, Borgata and Caesars run online poker.
New Jersey and the United Kingdom are in talks to implement a shared liquidity system for online poker. The arrangement could expose New Jersey poker players to an additional two million online gamblers out of a country of more than 64 million people.
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