Big Jump in Online Gambling Revenues in New Jersey

Online gambling is only provided in a few states within the United States currently, including the state of New Jersey. In New Jersey, players have access to online poker gaming as well as casino options so gamblers have a nice variety of options to enjoy. When you get tired of Sit n Gos, you can get in a few spins of the slot games or enjoy blackjack before hitting the felt again. Gaming has been quite enjoyable in the state of New Jersey, so much so the state has seen an increase of revenues by 22.3% compared year over year.

For the month of January, the state was able to earn $11,567,337 in total online gambling revenues. The amount coming from the game of poker includes just under $2.3 million. Back in 2014, the state was able to earn only $9,461,057 with just over $3.4 million coming from online poker. The amount of poker revenues is decreased, but overall, the state has seen a nice increase in overall gambling revenues.

The state saw a nice increase in overall gaming revenues but earned a decrease of 33.2% when it comes to online poker. Poker is supposed to be the big draw when it comes to online gaming but has since grown less popular within the state, it seems. The decrease could be attributed to the online poker options within the state.

Currently, only two operates offer online poker gaming. Caesars and the Borgata are still in operation. However, when online poker first began, the state had an additional two operators with Ultimate Gaming and Betfair. Both of these operators closed their doors due to low traffic numbers. It will be interesting to see if the state bounces back and offers additional operators or if the remaining sites will be able to gain in popularity and offer higher revenue numbers.

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