New Jersey Internet Gaming Revenue Improves in January
Internet gaming revenue in New Jersey improved in January 2015 over the previous month and year. Total interactive gaming win came in at $11.6 million. That was up 22 percent over January 2014 and up 8 percent from December 2014.
Online poker rake was $2.3 million in January. That was down 33 percent from January 2014, but up 11 percent from December 2014.
The win from house-banked casino games was $9.3 million in January. That was up 54 percent from the previous year and 8 percent from the previous month.
There are only two licensees that spread regulated online poker in New Jersey. Borgata/Party Poker posted $1.3 million of the rake, while Caesars/888 took in just over $1 million.
New Jersey Online Casino Revenue
- Tropicana: $2.6 million
- Borgata/Party: $2.5 million
- Golden Nugget/Betfair: $2.5 million
- Caesars/888: $1.4 million
Atlantic City Performance
The eight casinos in Atlantic City managed to win the equivalent of what the 12 open in January 2014 did. The total win was $186 million, down just $300,000 from 2014, or .2 percent.
Seven of the eight casinos posted an improvement over last year. Borgata continued to dominate the market. Its $57 million win was nearly double that of second place Harrah’s. Golden Nugget posted the largest percentage gain, up 50.8 percent over the year before. Six of the eight Atlantic City casinos won at least 18 percent more in January 2015 than they did in January 2014.
Trump Taj Mahal was the only loser. Its gaming win was down 21.2 percent. This is likely due to its negative publicity and its uncertain future. The company no longer hosts Internet gaming that may have offset some of that loss.