{"id":29959,"date":"2016-09-16T12:05:27","date_gmt":"2016-09-16T12:05:27","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=29959"},"modified":"2016-09-16T12:05:27","modified_gmt":"2016-09-16T12:05:27","slug":"new-jersey-online-gambling-revenue-slows-down","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/new-jersey-online-gambling-revenue-slows-down\/","title":{"rendered":"New Jersey Online Gambling Revenue Slows Down"},"content":{"rendered":"
\"PokerStars<\/a>

PokerStars ready to spend big in New Jersey to announce their arrival back in the US.<\/p><\/div>\n

New Jersey’s Division of Gaming Enforcement (DGE) has released August’s online gambling revenue. The figures show a drop from last month’s record revenue of $17.4 million. August’s revenue of $16.1 million is a 32% increase from last year and marked the 5th<\/sup> month in a row when the $16 million mark was exceeded.<\/p>\n

 <\/p>\n

Online poker also gained a significant 10% rise with a revenue of $2.2 million. PokerStars was was the best performer for the month, raising $865, 150. It’s closest competitor, WSOP.com\/888 raised $699,500 with Borgata\/ PartyPoker raising $608,800. The typical summer slump seems to have had no effect on the poker world as it rose 10.7% from the same time last year.<\/p>\n

 <\/p>\n

Online casinos continue to be the main source of revenue with a contribution of $13.9 million to the month’s revenue. Golden Nugget raised an impressive $3,5m to get ahead of Borgata who raised around $3.1 million. Ceasars Interactive Entertainment, raised $2.4 million through online casinos to come in third on August’s rankings. Totally, online casino revenues are up by 33% compared the same month last year.<\/p>\n

 <\/p>\n

Overall, Borgate Casinos and it’s affiliated sites were the top contributors to the revenue with Golden Nugget coming in a close second. Ceasars Interactive Entertainment, Resorts Digital Gaming, and Tropicana rounded off the list with combined poker and online casino revenues of $3.1 million, $2.89 million and $2,85 million respectively.<\/p>\n

 <\/p>\n

Land based casinos raked in a disappointing win figure $229.8 million, a 7% drop compared to last month with the state’s total gaming win dropping 5% to $245.9 million. Overall casino wins look to be on track to avoid a tenth consecutive annual decline. Currently, the win stands at $1.639 million slightly ahead of the $1.635 million from this time last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

New Jersey’s Division of Gaming Enforcement (DGE) has released August’s online gambling revenue. The figures show a drop from last month’s record revenue of $17.4 million. August’s revenue of $16.1 million is a 32% increase from last year and marked the 5th month in a row when the $16 million mark was exceeded.   Online […]<\/p>\n","protected":false},"author":5,"featured_media":19,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8,18],"tags":[],"class_list":["post-29959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest","category-n-america"],"yoast_head":"\nNew Jersey Online Gambling Revenue Slows Down - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/new-jersey-online-gambling-revenue-slows-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Online Gambling Revenue Slows Down - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"New Jersey’s Division of Gaming Enforcement (DGE) has released August’s online gambling revenue. The figures show a drop from last month’s record revenue of $17.4 million. 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