New Jersey December 2014 Internet Gaming Results

John Mehaffey January 14, 2015 943 Reads

New Jersey internet gaming numbers were up across the board in December against the previous month’s action.  Poker rake came in at $2.06 million, up 9 percent from the previous month.  Casino win was $8.68 million, up 29 percent.  The cumulative amount of $10.73 million was up 21 percent against last year.

Two-thirds of the casino move can be attributed to the $1.3 million slot win in November.  The remainder appears to be based on growth and the change of season.

There are just four internet gaming licensees left in New Jersey.  This is due to the loss of Ultimate Gaming and the moving of Betfair to Golden Nugget’s license.

Internet Poker Revenue

  • Borgata/Party: $1.11 million
  • WSOP.com/888: $0.95 million

Online Casino Revenue

  • Borgata/Party: $2.49 million
  • Tropicana: $2.32 million
  • Golden Nugget/Betfair: $2.18 million
  • Caesars/888: $1.68 million

This is the first month that has a comparable full month in the previous year.  December total internet revenue was up 45 percent over December 2013.  Poker was down 29 percent, while casino win was up 93 percent.

Atlantic City Results

Atlantic City casinos won $179.6 million in December.  That was down 13 percent from December 2013. It was up 7.3 percent when removing closed operators from the equation.  Five of the remaining casinos posted double digit percentage gains over the previous year.  Golden Nugget’s was the largest, at 47 percent.  The only two losers were Caesars, down 6 percent, and Trump Taj Mahal, down 35 percent.

The Atlantic City market was $2.62 billion in 2014.  That was down 8.5 percent against 2013.  Internet gaming offset slightly more than half that loss.

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