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NJ Online Gambling Revenue Up in June 2016
Thursday, July 14, 2016 : NEW JERSEY ONLINE GAMBLING CONTINUES TO PROSPER IN JUNE
Online gambling revenues top $16.4 million - up 40 percent year-on-year.
Online gambling continued to make a useful contribution to the prosperity of land casinos in New Jersey during the month of June, according to the latest statistics from the New Jersey Division of Gaming Enforcement.
Land operations delivered revenues 3.6 percent lower year-on-year at $197.5 million, boosted to an overall $216.6 million by an online gambling contribution of $16.4 million (June 2015: $11.7 million) to produce an overall year-on-year decline of 1.2 percent.
On a year-on-year comparison basis overall online gambling revenues in June were up 40 percent on the 2015 figures.
Online poker revenues at $1.96 million declined 23 percent compared with May 2016; and online casino revenues came in at $14.43 million compared with $13.97 million in May 2016 - up 3.3 percent. Pokerstars led the online poker market with 39.5 percent market share but had a less than stellar month due to the ongoing World Series of Poker.
Pokerstars was chased by CIE-WSOP-888 with 30.5 percent of the market, and PartyPoker- Borgata with 29.9 percent.
Encouragingly, online poker revenues year-on-year were up 7.2 percent compared with June 2015.
Taking the online gambling market in New Jersey as a whole, the Borgata-PartyPoker- Pala alliance continued to hold the top spot with a market share of 23 percent, followed by Golden Nugget-Betfair (21.5 percent), Tropicana (20.4 percent), CIE (18.5 percent) and Resorts-Pokerstars (16.5 percent)
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Gambling News :
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
BetConstruct adds virtual sports products -
The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.
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