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New jersey Online Gambling July 2016 Report
NEW JERSEY ONLINE GAMBLING ENJOYS A PROFITABLE JULY
Online revenues grow 38.6 percent year-on-year.
The New Jersey Division of Gaming Enforcement released its July 2016 figures Friday, reporting that online gambling continues to prosper, delivering revenues up 38.6 percent year-on-year of $17.37 million (July 2015: $12.53 million).
The online sector performed a million dollars a month better in July than in the preceding month, and the sector has set a new record, surpassing Aprils $17 million milestone.
On a year-to-date basis, the online component is up 32.6 percent at $112.2 million, with online poker rising 10.8 percent to over $15.7 million and casino up 37.2 percent at over $96.4 million.
Land gaming activity in Atlantic City delivered revenues of $245 million in July 2016.
Added to the online gambling contribution, total New Jersey gambling revenue for July 2016 was $257.5 million - a 6.9 percent year-on-year improvement.
Online poker was up 6.7 percent versus July 2015, delivering $2.01 million, only 11.5 percent of online revenue (July 2015: 15 percent), whilst online casino operations at $15.35 million were up 44.2 percent y-o-y contributed 88.5 percent of overall online revenue, up from 85 percent in July 2015.
Borgata-Party Poker led the online market with a 22.9 percent share, chased by Golden Nugget-Betfair on 21.3 percent and Caesars Interactive on 19.5 percent. Tropicana was fourth with 18.6 percent and Resorts-Pokerstars-NYX trailed on 17.6 percent.
From an online poker only perspective, Resorts-Pokerstars led the field with 37.5 percent of the market, followed by CIE-WSOP-888 on 32.3 percent and Borgata-Party Poker on 30.2 percent
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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