The New Jersey online poker market is settling into a new dynamic in 2023.
After nearly five years of being the second (or worse, third) banana in the vertical, PokerStars NJ topped its rivals in revenue for the second consecutive month in February, according to data from the New Jersey Division of Gaming Enforcement (NJDGE).
Overall, the market totaled $2.3 million in revenue in February, which equates to a 15.7% decline month-over-month ($2.7 million). The vertical was up only 2.5% year-over-year ($2.2 million) — a sign that the market continues to stabilize nearly three years after the start of the pandemic.
February 2023 was the third-highest February for revenue, trailing 2014 ($3 million) and 2021 ($2.5 million).