njps update

New Jersey iGaming June Revenue Numbers

The June 2015, Gaming Revenue Data were unveiled by the New Jersey Division of Gaming Enforcement (NJDGE) Tuesday, July 14, 2015. Below is a link to their press release.

http://www.nj.gov/oag/ge/docs/Financials/PressRel2015/June2015PressRelease.pdf

Overall Gaming Profit from the Casino Hotels was $216 million in June 2015 in comparison to $205 million June 2014.

For the month, Casino Profit was $204.8 million, and Internet Gaming was $11.6 million. Internet Gaming in June 2014 was $9.5 million which shows a 22.8% increase.

June 2015, Poker was $1.8 million versus $2 million in 2014 which is a 10.4% decrease.

OPERATOR’S PERFORMANCE

The Borgata and Party Poker (including Pala Entertainment) combination continues to lead as the top revenue producing I-Gaming site(s) in New Jersey with a 29.6% share (First in poker, and in casino games). In spite of this, its share of the market dropped a full 2 Percentage points from May.

Caesar’s Interactive (CIE) moved back up to second place overall with 22.6% (Second in poker, fourth in casino games). The World Series of Poker continued in Las Vegas was a mixed result – less players in New Jersey in both online and live poker.

Tropicana, with only casino games was third place for the month with a 21.9% revenue share an increase of 1.9% over May moving up to #2 in casino games in June.

Golden Nugget/BetFair combination secured a revenue share of 21.6%, dropping all the way to fourth place overall and third place in online casino games win, a 3% decrease from May.

RESORTS online casino games moved up to a 3.4% of overall online revenue. The buzz in the online forums seems to believe that the introduction of Poker Stars is now on the near horizon. Some speculation pegs the potential at end of the month.

The Online Poker Numbers showed Party and Borgata’s edge over Caesar’s/888 for the month slipped almost 5% – 51.8% to 48.2% with the hype for the WSOP contributing to that number.

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