New Jersey’s regulated online gambling market failed to set another monthly revenue record in April as poker continued its inexorable decline.
Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) showed the state’s regulated market generated revenue of $12.7m in April, up 11% over the same month last year. However, the figure is $500k less than the monthly record set in March.
Online poker continued to retreat, generating just under $2m in April. That’s down 9% from the previous month and down 23% from April 2014. The casino vertical generated $10.7m, down 2% from the previous month but up more than one-fifth year-on-year.
The Borgata/Bwin.party/Pala Interactive combo retained its market leading position, earning just under $4m, down $200k from March. The Borgata’s casino vertical generated $2.9m (-3%) while poker contributed $1.1m (-10.5%).