Delaware and New Jersey went in opposite directions in terms of online poker revenue in the month of January, the former experiencing a 15.3% decrease from month-to-month and the latter enjoying a boost of 8.4%.
That’s four straight months of gains for the Garden State and the first time in 10 months that ipoker revenue surpassed the $2 million mark. January’s collective total for the four poker sites operating was $2,151,232, outpacing the $1,984,137 of December 2015.
That $2 million threshold was reached in the first three months of 2015, but fell short in each of the remaining nine months. This year has again started out on a positive note, and hopefully revenue can remain consistent and above $2 million for all of 2016. PokerStars is due to launch in New Jersey within a few months and that may be the catalyst to keep revenue on the rise.
When comparing year-over-year ipoker revenue totals, New Jersey showed a decrease of 6.4%. The poker sites collected $2,299,426 in January 2015.
NJ iGaming Breaking Records
In online casino action that excludes peer-to-peer poker, New Jersey’s igaming sites took in revenue of $12,478,841 last month. That’s a new record and marked the fifth consecutive month of gains.
Adding $2,151,232 from the online poker tables, the Garden State’s revenue from all online gambling sources totaled $14,630,073. That, too, is a record-breaking total, surpassing the previous high water mark of $14,044,300 achieved last month.
One year ago, New Jersey’s regulated online poker and gambling sites collected $11,567,337 in revenue. The year-over-year increase is a whopping 26.5%!
The trio of poker sites operating in Delaware took in $26,348 in January, falling from the December 2015 total of $31,124. In January 2014, just three months after launching, rake and fees from online poker came in at a comparatively robust $88,588.
Those numbers speak volumes regarding the novelty factor that prompted Delawareans to try regulated online poker during the first few months of operation. Sadly, the curious poker players did not stick around.
Gamblers in The First State seem to prefer the video lottery, as a new revenue record was set last month at $138,391. When adding the revenue derived from online casino table games ($26,089) and poker ($26,348), Delaware’s January igaming revenue totaled $190,829. That’s the largest amount since $240,762 was collected way back in April 2014.
Another bright note in addition to the video lottery totals was new player registrations at the gaming sites of Dover Downs, Delaware Park and Harrington Raceway. A total of 456 new accounts were created in January, the highest number since 640 players registered in March 2014.