Borgata's Online Gambling Operation Turns a Profit
Key Takeaways
  • Total revenue from online gaming in the quarter was $6.1 million, down slightly from $6.7 million in the last quarter.
  • The group expects to see online growth as it enters the winter months.
  • Borgata is “ready for PokerStars” if they enter the market.

Boyd Gaming’s online gambling operation in New Jersey under its Borgata casino has achieved profitability, the group reported.

Borgata operates one of the two skins on the partypoker New Jersey online poker network, the market leader in the state. Approximately two thirds of online poker revenue on the network comes through Borgata. The group’s online poker and casino revenue generated $2.6 million in September for a market share of over 25%.