New Jersey Online Poker Struggles

New Jersey Online Poker Struggles

Friday, 16 October 2015

Online gambling in New Jersey took another knock recently after the eastern state’s Division of Gaming Enforcement reported total revenues of only $12 million for September.

Figures released by the regulator showed that the online casino vertical accounted for $10.25 million of September’s total revenues while online poker took in just $1.77 million.

Although the aggregate represented a 17.3 percent improvement year-on-year, online poker revenues fell by 10.6 percent from the previous month’s $1.98 million and ended the vertical’s two-month streak of positive growth.

Online poker is now at an all-time low since it went live in 2013 and many industry analysts are hoping that the imminent premiere of PokerStars and Full Tilt in ‘The Garden State’ will help the market recover. The pair were given permission earlier this month to launch their platforms for players in New Jersey and their introductions should help to improve long-running issues of liquidity and game choice.

Tags: PokerStars, Full Tilt, New Jersey, Division of Gaming Enforcement