New Jersey Online Casinos Post Big Gain in May

New Jersey’s regulated online casinos posted another big month in May. The state’s five licensees took in a combined $21.1 million. That is the second largest month of revenue in New Jersey online casino history. The record was $21.7 million, posted in March 2017.

Revenues from online table games, slots, and video poker were $19 million, up 27 percent from the previous year. Poker rake was $2.1 million, a loss of 18 percent. The combined $21.1 million in revenue was up 27 percent from May 2016.

Golden Nugget posted $5.9 million in revenues between its own branded skin and its partner, Betfair. These two New Jersey online casinos offer more games than any other site in New Jersey. Tropicana and Resorts each generated $4 million in revenue. Caesars Interactive took in $3.6 million from its poker and casino sites. Borgata won $3.5 million from its sites, as well as Party Poker and Pala Interactive, which operate under its license.

New Jersey Over $100 Million in Tax Collection

Online Poker Report tracks the monthly data from all New Jersey poker and casino sites. The regulated online gaming site portal announced this week that New Jersey has generated more than $100 million in taxes since its November 2013 launch. It is by far the most successful of the three states that have legalized online poker and casino sites. Nevada and Delaware are the other two with fully legal online gambling. Bills are pending in Illinois, Pennsylvania and New York that would add those states to mix.

New Poker Site in New Jersey

Pala Poker launched earlier this month. It is the newest online poker room in New Jersey. The site is owned by Pala Interactive, which is related to the Pala tribe in California. Pala Poker is the only active New Jersey poker site to use software it developed in-house. Ultimate Poker did the same when online gambling went live in New Jersey in 2013. It failed in 2014.

About the Author

John Mehaffey - Las Vegas Expert

John is passionate about the gambling industry which he has been a part of since 2001. He learned how to find the best video poker and table games. He also writes about casino players clubs, promotions and things to do in Las Vegas, where he currently resides. He is happy to answer any questions that players have about gambling and Las Vegas.

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