New Jersey Earns $9.46 Million In January Online Gaming RevenueOnline Gaming Market Sees 28 Percent Growth Since December |
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While brick-and-mortar casinos in Atlantic City continue to take a hit, the good news is that the online gaming market saw a 28 percent growth from December to January, taking in a total of $9.46 million in revenue.
According to the New Jersey Division of Gaming Enforcement, there were 197,782 total online gaming accounts in the state at the end of January.
A total of six casino operators offer online gambling, with the Borgata leading the way with $3.9 million in revenue with their Borgata Poker platform, powered by PartyPoker. Caesars finished in second, bringing in $3 million with their WSOP.com product.
Although the online wagering helped to offset losses, the state’s 11 casinos still only generated $186.3 million in January, representing a 9.2 percent drop from 2013.
New Jersey was the third state to license and regulate online poker, following Nevada and Delaware.