Partypoker Going Strong in NJ

Partypoker Going Strong in NJ

Friday, 13 March 2015

In online dialect, the latest online poker results for New Jersey could be described as "meh" (which means "ok"). After another four weeks of grinding, the largest regulated online poker state in the US published its financial performance last night and the news was much that same as last month.

Although online poker is holding its own within the Garden State, it's trailing far behind online casino games which contributed to almost 2/3 of the $10,404,367 the collective of operators banked.

As has become the norm, partypoker and Borgata Poker led the way in terms of poker revenue and that will likely be the case for at least the next two months as the former recently announced a $1 million tournament series. Set to take place just as the WPT World Championship gets under at the end of April, the New Jersey Championship of Online Poker (NJCOP) has been formed through discussions with members of the community and in response to these requests the prizepool has been increased by $400,000.

However, while this event will no doubt cause a spike in traffic, many experts are now calling for a move towards liquidity sharing with other regulated states. Nevada and Delaware recently agreed terms and will be haring players in the coming weeks, but it looks as though a larger network of cooperation will be needed if US online poker is going to thrive in 2015.

For now, however, the signs are still positive according to New Jersey industry commentator, Nick Wilby.

"Although some operators have underperformed compared to January 2015, the annual comparison is certainly encouraging. An 11.1% increase comparing February 2014 to February 2015 is a sure sign that New Jersey's online gaming economy is on the way up," said Wilby of www.newjerseycasinos.com.

Adding to this, Jeremy Clemons of Pala Interactive, which operates alongside Borgata and partypoker, said that his team are "encouraged" by the numbers and happy with the decision to "enter the market" with a regulated platform.



Tags: New Jersey