New Jersey breaks monthly online gaming revenue record in March
The New Jersey Division of Gaming Enforcement (NJDGE) has confirmed that the US state in March set a new monthly online gaming revenue record, following the introduction of Amaya-owned brand PokerStars to the market.
Revenue in the month totalled $15.5 million (€13.8 million), which represents an increase of 17.8% on the $13.2 million posted in March of last year and is also up on the $14.7 million achieved in February this year.
PokerStars’ launch in the US state last month also helped increase revenue from online poker, with this amount coming in at $2.5 million, up from $2.2 million in March last year, ending a long period of decline for New Jersey.
The NJDGE also noted that the March figures mean online gaming win during the first three months of the year increased by 27.7% year-on-year to $44.9 million, while peer-to-peer poker play climbed 0.5% to $6.6 million.
However, despite the success of the New Jersey online gaming market, the state did suffer a drop in casino revenue, with this figure down from $190.7 million in March last year to $187.5 million last month.
This decline led to a slight drop in total gaming win for the state in March, with total revenue slipping from $203.9 million last year to $203 million, a decline of 0.4%.
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