NEW JERSEY GAMBLING NUMBERS DOWN AGAIN
13th December, 2014 at 01:44:36
Little to celebrate in November numbers.
The New Jersey Division of Gaming Enforcement released the state's gambling statistics for November 2014 Friday, presenting a set of figures that show another sizeable decline in year-on-year revenue.
Total gaming win from the Atlantic City casino resorts - including discontinued operators - came in at $202.5 million in November 2014 compared to $225.7 million November 2013, reflecting a 10.3% decrease.
Splitting the statistics between land and online revenues, land casino win was $193.8 million, whilst Internet win was $8.7 million.
The latter figure brings year-to-date internet revenues to $120.4 million, made up of online poker at 24.1% (at $1.87 million down 5% sequentially), and online casino at 75.9% with revenue of $6.86 million - down 8.8% on the preceding month.
The PartyPoker - Borgata alliance continues to dominate the internet vertical in New Jersey, holding a 38.5% market share with internet revenues for November of $3.36 million. In the year to date the alliance has reported $40.69 million in internet revenues.
The Tropicana took second place in the internet sector, claiming a 25.5% share of the market on $2.22 million during November, with Golden Nugget and Betfair
following with 17.2% and 6.2% of the market respectively, and Caesars Interactive struggling lower down and reporting total internet revenues for November of $1.10 million.
The regulator reported that new player signups in November reached 27,099, a welcome 5.7% rise over the preceding month. That brings total New Jersey online gambling sign ups since legalisation in November 2013 to 506,172 accounts.
Related News Tags: Atlantic City, New Jersey, Betfair