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Live Poker Grows In Atlantic City, While Online Contracts

Brick-And-Mortar Poker Rooms See 2.5 Percent Gain In March

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Live poker beat out online poker last month.

Atlantic City’s brick-and-mortar poker rooms raked $2.5 million in March, according to state figures released Wednesday. That reflects an increase of about 2.5 percent compared to the $2.44 million raked by the live poker tables in March 2016.

There are about 150 poker tables citywide.

Combined with online poker revenue of $2.25 million, the Garden State’s overall poker market was $4.75 million in March. Online poker revenue in March 2016 was $2.46 million, so rake from the web fell 8.5 percent year-over-year last month.

Online poker is available to those physically within New Jersey’s borders.

Thanks to online poker’s poor performance last month, overall New Jersey poker revenue declined three percent year-over-year from $4.9 million.

Here’s a look at live poker rake by poker room:

March 2017

Borgata: $1.34 million
Harrah’s: $543,000
Bally’s: $291,000
Tropicana: $245,000
Golden Nugget: $77,000

March 2016

Borgata: $1.28 million
Harrah’s: $494,000
Bally’s: $343,000
Tropicana: $228,000
Golden Nugget: $92,000

Though it doesn’t have a live poker room, Resorts casino (PokerStars’ partner) had $909,000 in online poker revenue last month. Caesars Interactive (WSOP/888) had $693,000, while Borgata (Party) had $651,000. PokerStars launched in late March 2016.

Casino win from all the games, both live and online, was $221.86 million last month, an increase of 9.3 percent compared to the $202.97 million won/raked in March 2016.