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New Jersey Poker Rooms Rake $5.7M In January

Poker Market Up Three Percent Year-Over-Year

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New Jersey’s poker market was worth $5.69 million in January, according to figures released Tuesday by state regulators.

The amount was an increase of about three percent compared to the $5.51 million raked in January 2016.

Last month, live poker rake was $3.35 million, virtually unchanged from the revenue Atlantic City’s brick-and-mortar card rooms collected a year ago.

There were 233 live poker tables between five poker rooms last month.

Revenue from online poker was $2.34 million in January, up 8.7 percent compared to the $2.15 million raked in January 2016. PokerStars launched in New Jersey in March of last year.

Overall i-gaming win last month was $18.8 million, up 28.6 compared to $14.6 million the year prior. In 2016, the online casinos won $196.7 million, up 32 percent over 2015.

Total gaming win in New Jersey was $204.7 million in January. The casinos won $190.1 million in January 2016, which reflects a 7.7 gain year-over-year.

The Atlantic City casino industry won $2.6 billion last year, an increase of 1.5 percent year-over-year and the first uptick for gaming there in a decade.

Compared to the other states in the region, New Jersey’s poker market is slightly larger than Pennsylvania’s (about $5 million a month) and Maryland (about $4 million a month). However, neither Pennsylvania nor Maryland have online poker industries.