New Jersey Online Gambling Revenues Continue To Rise

NEW JERSEY ONLINE GAMBLING REVENUES CONTINUE TO RISE

13th August, 2015 at 08:26:32
Source: http://www.azonlinecasinos.com

July numbers are up 24.4% year-on-year.

The latest numbers from the New Jersey Division of Gaming Enforcement show that the state's regulated online sites generated $12.5 million in revenue in August, up 24.4% year-on-year and almost 7% higher than the preceding month of June 2015.

Online casino action continued to deliver the best results, rising 34.4% y-o-y to $10.6 million; for the seven months of 2015 to date, online gambling revenues have increased by 15.6% y-o-y and now stand at $84.5 million.

Online poker lagged again in July, declining 12.2% to $1.9 million.

The Borgata-Bwin-Pala alliance remained the top dog among the operators, generating $3.8 million of total revenues - up 19% y-o-y, with Caesars Interactive again chasing on $2.7 million, showing little improvement over July last year despite the buzz around WSOP.

The Tropicana claimed third spot, with its casino action only online operation delivering $2.74 million, just ahead of Golden Nugget on $2.73 million.

Newcomer Resorts reported a fifth consecutive monthly improvement at $558,000.

Gambling stats from the DGE showed that total gaming win from Atlantic City casinos was $257.5 million in July 2015 compared to $274.3 million in July 2014 a 6.2% decline. Casino win was $245 million, and Internet gaming win was $12.5 million.

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