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New Jersey Online casino action down 1.5 percent in May 2015
Saturday June 13,2015 : NEW JERSEY ONLINE GAMBLING LAGGED IN MAY
Online casino action down 1.5 percent, internet poker slides 2.5 percent.
The New Jersey Division for Gaming Enforcement released its May 2015 performance statistics Friday, revealing that online poker revenues fell 2.5 percent compared with the preceding month at $1,93 million, whilst online casino revenues slipped 1.5 percent to $10.54 million.
Total New Jersey online revenue was $12.47 million, down by 1.5 percent on the previous month..
The Borgata - Party Poker - Pala alliance kept the lead with a 31.7 percent market share, with the Golden Nugget - Betfair partnership in hot pursuit with 24.6 percent of the business, performing strongly in the online casino vertical.
Caesar’s Interactive - 888 trailed in third with 21 percent of the market, whilst the Tropicana, which offers only internet casino action, languished at fourth. Pokerstars partner Resorts continued to offer NYX casino games whilst awaiting the DGE's licensing decision on its massive partner, and contributed just 2.6 percent of overall revenues.
Looked at from a year-on-year perspective, the numbers are more encouraging, showing that overall online figures in May 2015 at $12.47 million are 19.1 percent better than the $10.5 million harvested in May 2014, with the online casino vertical performing 28.7 percent stronger.
Atlantic City’s eight land casinos saw their revenue increase by 5.3 percent in May compared with a year ago.
The casinos won $208.6 million from gamblers last month; more than $156.9 million came from slot machines and $51.6 million from table games.
“That’s a strong showing for what our detractors say is a weak market,” said Matt Levinson, chairman of the New Jersey Casino Control Commission. “Whether you look at the results for the one month or for the first five months of this year, total gaming revenue is up for the current operators. The size of the market may be smaller, but the health of the current operators is getting stronger.”
However, the Associated Press news agency observed that when the three land casinos that were operating in May 2014 but have since closed are included in the calculations, Atlantic City’s May 2015 revenue was down 9 percent from a year ago.
Five of the currently operating casinos saw increases last month. Caesars was up 51 percent to $27.7 million; the Golden Nugget was up more than 33 percent to $22.5 million; Resorts was up 19.6 percent to $14.4 million, Harrah’s was up 8.2 percent to $33.3 million, and the Tropicana was up 2.3 percent to $27.6 million.
For the first five months of this year, the casinos have taken in just under $1 billion, an improvement of nearly 4 percent over the same time period last year. But when the now-closed casinos are included, that figure represents a 10.5 percent decrease.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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