New Jersey Revenues Decline, Market Prospects Look Thin New Jersey Revenues Decline, Market Prospects Look Thin
Key Takeaways
  • New Jersey revenues from online poker, which were up 5% in August, fell by 7% in September coming in at less than $2.1 million. Total internet gaming revenues fell from $10.5 million to $10.25 million.
  • Cash game traffic statistics show that the tables were less busy in September, and with October half way over, there does not seem to be much of a seasonal recovery under way.
  • The expected entry of PokerStars to the market could give it the boost it needs to regain some much needed momentum.

After the August break, online poker typically sees a traffic upsurge in September, but the latest figures from the New Jersey Division of Gaming Enforcement show that the state is not following the stereotype.

Revenues from online poker, which were up 5% in August, fell by 7.4% in September coming in at less than $2.1 million. Total internet gaming revenues fell from $10.5 million to $10.25 million.