Poker Industry PRO: Market Monitor: New Jersey March 2018

 

Online poker operators in the state of New Jersey generated $1.97 million in revenue during March 2018. The statewide network featuring Borgata Poker and partypoker recaptured the second place slot in the market last month outearning the Caesars and WSOP.com led network $623k to $565k. Resorts and its online poker partner PokerStars generated $779k, maintaining its market share lead with nearly 40% of the revenue. However, the downward trend of online poker revenue continued in March. Last month revenue fell below the $2 million mark for the first time in March since the market opened nearly five years ago. Last month also continued the trend of year-on-year losses extending the streak to thirteen consecutive months.

Online gaming revenue overall topped all previous months with $25.6 million generated, surpassing the previous high of $22 million in January 2018. iGaming revenue has risen on a monthly year-over-year basis every month since year-over-year comparisons have been possible.

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