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NJ Online Casino Revenue Nears $25 Million Once Again In August

Caesars  continues to reap the benefits of multi-state poker . The WSOP / 888 Poker network moved into the market lead following expansion in May, and its $725,020 in August revenue was the most for any online poker operator. The new guys are still bringing up the rear. Ocean Resort Casino and  Hard Rock AC  are the most recent entries into the market, combining for about $865,000 in August revenue. Ocean is at the very bottom of the totem pole for now. Revenue / month-over-month change (normalized for extra day in June) / year-over-year change Don’t be too concerned by those minus signs; the industry appears quite healthy overall. Online poker revenue was down a bit from last month, however, and the year-over-year trend is worryingly red. Caesars is once again the only operator that can post YoY revenue increases, with the vertical down close to 13 percent as a whole. Both PokerStars NJ (-21 percent) and the Borgata network (-32 percent) were well off their numbers from a year ago. Online casino revenue, on the other hand, continues to do what it’s been doing for many months in a row. Revenue approached $25 million in August, a YoY increase of nearly 20 percent.

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Heat Wave Advisory: NJ Online Casino Revenue Sets Records In July

Among longstanding casinos in New Jersey,  Tropicana  rounded out the standings. As the only operator to experience a Y/Y decrease (at 6.6 percent), Trop reported $3,350,360. The two new  Atlantic City  casinos got their first full (or nearly full) month of online casino action in July. After quietly launching its online casino the same day as its June 28 grand opening,  Hard Rock online casino  only had a few days to post $5,569 in June. Last month, its first full month, the online casino reported $329,650, which is obviously a far cry from the market leaders.

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