The total number generated from New Jersey’s online poker sites tallied at $2,045,655 in February. This represents a decline of 34% when it is compared to February 2014. You can see the New Jersey Division of Gaming Enforcement report here: http://www.nj.gov/oag/ge/docs/Financials/PressRel2015/February2015PressRelease.pdf
Last year, the total online poker revenue for January and February was $6.5 million. In 2015, that number is $4.3 million which is down 33%. Other casino games so far have been showing more success in revenue number versus online poker.
One way to help pump life into the online poker portion of the business is to have shared player liquidity with other states such as Nevada, Delaware and any other states that come on board with regulated poker in the future.
The Entrance of PokerStars, Full Tilt, & Pala Interactive
Pala interactive was planning to enter the New Jersey market, but since has had a change of heart and currently put those plans on hold. Then there is the anticipated entrance of PokerStars along with Full Tilt into New Jersey which is still pending approval of a gaming license from the NJ DGE.
Currently, the online poker sites that are operating in New Jersey are Party Poker, Borgata Poker, WSOP and 888 Poker. In the past year, Ultimate Poker and Betfair poker shut down their operations due to a lack of success.