New Jersey iGaming Improves 5% To $10.54m In August

New Jersey iGaming Improves 5% To $10.54m In AugustAfter watching its market contract over the summer months, New Jersey’s iGaming industry has continued its return to growth and followed July’s positive result with a 5% improvement in revenues to $10.547 million in August.
From that tally, online casino games increased by 4.9% to $8.29 million compared to the previous month, representing 78% of total revenues, while online poker generated $2.25 million in August, a  4.9% rise from the $2.146 million taken in July.
Continuing to lead the way in The Garden State’s iPoker market was Borgata’s and its online gaming partner, which generated $1,167,963 (+5%) last month, followed by Caesars Interactive (888/WSOP) which took $1,060,855 (+5%) in August. Consequently, Borgata accounts for 51.86% of NJ’s iPoker market in August, and Caesars Interactive 47.1%, largely reflecting their market shares for the  year to date so far.
Languishing a long way back in third place, however, was the Trump Taj Mahal (Ultimate Gaming) which collected just $23,099 from internet poker in August, a -11.3% drop from its July total of $26,043. Ultimate Gaming faces further pressure going forward as the Taj Mahal is expected to go out of business in November, together with the other Trump Entertainment Resorts owned property theTrump Plaza, whose online partner Betfair will also be forced to seek out a different casino partner to host its product.
Meanwhile, Atlantic City land based casinos (not including iGaming results) produced $294.4 million in revenues for August, down 1.2% from the same month in 2013. From that total, the Borgata generated the biggest revenue tally of $65.9 million (+5.2%) last month, followed by Caesars Atlantic City whose business increased by 16% to $44 million.
Reporting the biggest increase in growth was the Tropicana (+46%) with $31.3 million in revenues, and The Golden Nugget (+34%) with $16.7 million, while on the other side the Trump Plaza posted a 45% fall in revenues to $4.8 million, and the Revel was also lower by a massive 40.6% to a little under $5 million.

Poker News
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Japan Introduces Responsible Gambling Bill
28 May 2018
Japan’s bicameral legislature, known as The National Diet, consists of an upper House of Councillors and a lower House of Representatives, with the latter having started discussing the Integrated Resorts Implementation Bill last week. Being debated is the regulatory framework required in order to set up an efficient and well functioning casino market in the
Ohio Casino Revenue Up 1% to $71.8m in April
17 May 2018
The Ohio Casino Control Commission has released its gambling results for April, with the state’s four casinos collecting $71.8 million last month, up by almost 1% compared to the prior year. Meanwhile, the Buckeye State’s seven racinos fared considerably better, with their revenue rising by 8% to $89.7 million from their slots and video gaming
NJ Generates Record iGaming Revenues in February
15 May 2018
In April, New Jersey’s online gambling market saw its revenue rise by 10.6% to $23 million versus the same month in 2017, with the amount posted second only to the record $25.6 million collected in March 2018. As a result, the Garden State has now generated $92.5 million over the first four months of this