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New Jersey Web Gaming Win Jumps To $11.5M

Revenue Increase 22.3 Percent Year-Over-Year

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New Jersey’s licensed online gambling operators took in $11,567,337 during the month of January, according to figures released by state gaming regulators.

Of that total, $2,299,426 came from poker.

In January 2014, total web gaming revenue was $9,461,057, of which $3,442,271 came from online poker. That’s a 22.3-percent increase for overall I-gaming revenue, but a decrease of 33.2 percent for poker.

Poker represents a smaller piece of the overall web gaming pie than it did when the industry first kicked off in the Garden State.

Current online gaming sites in Atlantic City reported Internet gaming win of $10.7 million in December compared to $6.6 million in December 2013. A total of $2,059,213 of the $10.7 million came from online poker.

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. Late last year, poker sites from Betfair and Ultimate Gaming closed their virtual doors in New Jersey due to lackluster traffic.

New Jersey’s online poker industry took in just over $29 million in 2014.