New Jersey Gambling Slightly Down In May 2016

NEW JERSEY GAMBLING SLIGHTLY DOWN IN MAY 2016

15th June, 2016 at 09:24:29
Source: http://www.azonlinecasinos.com

Healthy $16.5 million contribution from online gambling.

May 2016 gambling stats from the New Jersey Division of Gaming Enforcement were released Tuesday, revealing that Total Gaming Win from the Casino Hotels was $219.8 million in May 2016 compared to $221.1 million May 2015....a 0.6% decline.

Casino Win was $203.3 million, a 2.5% decline from the same month last year, whilst Internet Gaming Win came in at $16.54 million - a 2.1% decline versus the preceding month, but a 24.2% improvement year-on-year (May 2015: $12.5 million).

2016 May Online Poker revenue remained relatively stable at 15.5% of Total Internet Revenue (May 2015: 15.4 percent).

2016 May Online Casino was 84.5% of Total Internet Revenue (May 2015: 84.6 percent).

The Borgata and Party Poker (including Pala Entertainment) continued to lead the online market with a 23.8% share, ahead of Caesars Interactive (CIE) with 19.7% and Golden Nugget-Betfair (19.3 percent).

Fourth place was taken by Tropicana with 19 percent, and Resorts trailed at 18.1% and still growing.

Predictably, newly arrived Pokerstars led the online poker race with 44.8% of the market, although Borgata-Party improved to 28.5% and Caesars-WSOP-888 was up at 26.7 percent.

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