New Jersey Online Poker on the Up

New Jersey Online Poker on the Up

Wednesday, 15 April 2015

New Jersey's online poker sites enjoyed another upswing in March thanks to, in part, to the forthcoming WSOP. With players in the Garden State being given a chance to qualify for the summer festival courtesy of the WSOP's official site, the amount of action generated by grinders in March increased by 8.1%.

In total, WSOP.com, which operates under Caesars Interactive Entertainment's (CIE) licence, raked in $997,857 in revenue in March which is more than $200,0000 than the previous month (CIE achieved an overall upswing of 10.1% in March).

As well as the WSOP causing a buzz online, partypoker's New Jersey outfit has seen a spike in traffic in the lead up to its latest Garden State Super Series. Set to take place at the same time as the WPT World Championships next week, the hype surrounding the online festival has helped take the operator's monthly revenue to $1,229,772.

Although New Jersey's online casinos continued to make the most money for the State, online certainly showed signs of improvement. However, that doesn't mean there isn't room for improvement. While a $2,227,629 poker profit in March was an increase on the previous month, there is still a long way to go before the market can be described as booming.

Overall, however, industry insiders are being to sound more positive about the current state of online poker and casino games in New Jersey.

"The latest financial returns show that New Jersey is an igaming industry on the up. Despite a number of financial setbacks in February, the State's online casino and poker sites not only showed their resilience in March, but that they can innovate and thrive. The introduction of new games, such as bingo, appears to have helped certain platforms improve their turnover which suggests there is still plenty of scope for technical improvements and, therefore, financial improvements in the coming months," commented Nick Wilby of NewJerseyCasinos.com.

In fact, if PokerStars makes good on its promise to join the action later this year, it could create an even bigger poker buzz within the Garden State.



Tags: New Jersey, poker business, America