Casino operator Boyd Gaming’s online gambling operation in New Jersey generated $1.8m in earnings in Q4. Boyd CEO Keith Smith reported the figure as Boyd handed in its fiscal report card, which showed gains in Atlantic City and Las Vegas.

Boyd CFO Josh Hirsberg said the $1.8m “kind of reflects a clean operating quarter” and Boyd expects similar online cleanliness in 2015. With 2014’s startup costs behind them, Hirsberg believes Boyd’s online business could generate “anywhere from $3m to $5m” of EBITDA in the current year.

Boyd and MGM Resorts each hold a 50% stake in Atlantic City’s Borgata Casino, which has partnered with UK-listed operator Bwin.party for online gambling in New Jersey. Borgata-licensed sites have been the overall revenue leaders since the market launched in November 2013. The combo recently added a new partner in Pala Interactive, the first tribal online gambling operator licensed in New Jersey.

LAS VEGAS REBOUNDS AND REGIONAL MRRKETS STABILIZE

Overall, Boyd revenue nudged up 1.4% to $531.6m but the company posted a net loss of $32.4m in Q4, dragged down by $40.6m in impairment charges. Boyd operates 22 casinos across eight states but the star performers were the Las Vegas Locals and Atlantic City markets.

Borgata revenue was up 14% to $179.1m thanks to a $7m contribution by its online operations. Smith said the property “set all time quarterly records for market share in every single metric.” January revenue is up 17%, leading Smith to conclude that the business freed up by the rapid-fire closure of four of AC’s casinos “has stayed in the market.”

In Las Vegas, Boyd’s locals market had its best quarter since the 2008 global economic mélee. Smith said he was “unwilling to create a trend after two or three months of positive news” in the locals market but Boyd will “sure be paying attention” to see if the good times last.