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Worst month so far for New Jersey online poker

The

NewJersey
gross win of New Jersey’s online poker market has fallen to a monthly low.

Figures from the Garden State’s Division of Gaming Enforcement (DGE) reveal gross win for April to be $2.59m, a 19% drop on the March figure and the worst performance since the market launched in late November 2013.

Of the three casinos to offer internet poker in the state, Caesars saw their gross win decrease 22%, Borgata suffered a drop of 15% and Trump Taj Mahal, by far the smallest of the three poker operations, fell 51%.

Analysis by Andy Bowen at Orran Partners reveals Borgata to have a 54% market share, its highest since December, while Caesars holds 44%, their lowest since December. The share of Trump Taj Mahal has fallen from 3% to 2% for the first time.

The previous worst-performing month for New Jersey online poker was December, which generated a gross win of $2.88m, while the strongest so far has been January with $3.45m. Gross win for February was $3.11m, with that figure rising to $3.21m for March.

Gross win for the New Jersey online casino market grew 2% in April to $8.84m.

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