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New Jersey’s Online Betting and Poker Market Reaches New Revenue Records
By Charlie Myer - June 21, 2016
While there are still many concerns revolving around the legalization of online poker in the US, there is little doubt that many people do, in fact, enjoy playing this game. New Jersey is the perfect example. Since the state opened its doors to regulated poker, it has had measurable success.
Rise of New Jersey Online Poker
The first half of 2016 has been great for New Jersey’s online betting market. Last month, the state continued on its four-month streak of new revenue records. The New Jersey Division of Gaming Enforecement (DGE) released figures that showed that New Jersey’s licensed online operators raked in a total revenue of US$16.5 million for the month of May. This is a 32.6% increase from May of 2015.
The year-on-year gains for last month were reported to have been split between all online poker sites and online casinos. Online poker raked in US$2.57 million, which is a 33.3% increase from last year, while casino increased by 32.5% to US$13.98 million. For the year-to-date gains, New Jersey’s online revenue is up 30% to US$78.4 million.
Amaya Gaming’s PokerStars brand (which belongs to the Resorts Digital Gaming operation) led online poker operators with US$1.15 million. This figure is about US$30,000 less than April’s gains, but is still a great sign for online poker players who awaited the return of PokerStars to the US. Resorts Digital Gaming’s overall revenue slipped a little bit from US$3.5 million in April, to just under US$3 million in May.
Visit PokerStars Online and Get a Poker Sign Up Bonus
If you are living in New Jersey or anywhere else in the world where online poker is allowed, then you should check out the PokerStars site online. This site offers great poker cash games and tournaments for all kinds of players, and you will see exactly why the brand has been generating impressive revenues.
PokerStars has great bonuses for all new players. If you are signing up for the first time, then simply make your first money deposit, and you will receive a 100% bonus of up to £395. If you don’t want to fund your account yet, then simply use the bonus code FREE20 to claim a no deposit poker bonus of £13.
With these bonuses, you will have enough to have a great time playing online for a few hours. PokerStars is also known for offering special promotions, so make sure that you regularly check the "Special Offers" page for more opportunities to win great prizes! You could also look through our poker operator reviews, so you can find other great sites to play at.