Pokerstars NJ Maintains Small Lead Over Rivals
Published on May 13th, 2017 1:56 pm ESTEarlier this week, New Jersey's Division of Gaming Enforcement released their "Monthly Internet Gross Revenue Report" for the month of April.
In terms of total revenues (online poker and casino games), Golden Nugget Atlantic City (with properties including GoldenNuggetCasino.com, BetFairCasino.com and PlaySugarHouse.com) led the way with over $5.3 million in total revenues in April. This resulted in a total tax windfall of over $800,000 for the state of New Jersey.
In terms of online poker revenues, Resorts Digital Gaming, LLC led the way in April with $793,638 in total online poker revenues. Resorts Digital Gaming, LLC includes ResortsCasino.com, MoheganSunCasino.com and PokerstarsNJ.com.
There are two other companies currently operating in the online poker space in New Jersey - here is a breakdown of their online poker revenues in April:
Borgata Hotel Casino and Spa, $597,571
Caesars Interactive Entertainment, $577,168
The Borgata's operation includes sites such as BorgataPoker.com and NJ.Partypoker.com, while Caesars Interactive Entertainment counts WSOP.com and 888.com as some of its sites that are currently operating in New Jersey.
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Most people expected that Pokerstars NJ would blow the doors off of its competition when it entered the state of New Jersey, though this has not been the case.
In reality, there is a fairly competitive market in New Jersey where no one operation is either excelling or floundering.
Source: Monthly Internet Gross Revenue Report April 2017 (*.pdf)
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Filed Under: Online Poker Rooms