New Jersey Online Gambling Revenue Was Up 12.1% in June
New Jersey's online gambling market was up 12.1 percent in June, no thanks to poker. Although interstate shared poker liquidity provided a significant boost for Caesars Interactive Entertainment, it was not even enough to boost Caesars from the bottom of the market, not including new operators.
The latest online gaming revenue figures were released by the New Jersey Division of Gaming Revenue on Thursday. The market generated nearly $22.7 million in June. Although the figure is 12 percent higher than the same month last year, it is slightly lower than revenues from this spring.
Online casino games are still the biggest winners, providing $20.9 million compared to online poker's $1.75 million. Despite over a month of expanded access through liquidity sharing, online poker in New Jersey was down month-over-month from the $1.9 million it generated in May.
Year-to-date figures for poker don't look too good. The market continues to decline and is currently 11.5 percent below the same time period one year prior.
Meanwhile, Hard Rock Atlantic City launched its online platform just before the end of the month and managed to generate $5,569 before the monthly totals were calculated. Hard Rock's platform will only deepen the disparity between online casino games and poker in New Jersey. Like their brick-and-mortar offering, Hard Rock online is all casino games and no poker.
The biggest winner in the New Jersey online gambling market is still Golden Nugget by a huge margin. The site pulled in $8.37 million in June, marking an outstanding 50.1 percent uptick over the same month in 2017.
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