PokerStars NJ sees slight decline

PokerStars NJ sees slight decline

Wednesday, June 15, 2016 Totally Gaming
The operator saw a slight drop in revenues in the US state in May

PokerStars and New Jersey’s online gaming market saw a slight decrease in revenue during May.

According to figures released by the New Jersey Division of Gaming Enforcement (NJDGE), the US state’s online gaming operators attracted $16.5m (€14.7m), which was down by around three per cent on the monthly record that was set during April. However, the figure was still a 33-per-cent increase year on year.

May was PokerStars’ second full month of operations in New Jersey, however the Amaya-owned brand suffered a slight blip as its poker revenues fell to $1.15m, which was about $30,00 less than April’s number. Its land-based partner Resorts Digital Gaming saw overall online revenue slip from $3.5m in April to just under $3m.

The NJDGE also revealed that casino win in May was down 2.5 per cent year-on-year to $203.3m, with total gaming win for the state in the month also falling by a little less than one per cent to $221.1m. New Jersey’s total year-to-date figure now stands at $954.3m, which is up by almost two per cent on the same period last year.

TotallyGaming.com says: “It is a surprise to see the online market fail to continue its upwards trajectory, however it may be that the buzz around PokerStars’ launch led to a temporary boom that was never likely to be matched.”

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