- The online poker revenue reports from New Jersey show a decrease in activity.
- Revenue is still higher than it was this time last year.
- Online poker surged during the coronavirus pandemic.
ATLANTIC CITY, N.J. – The online poker boom that New Jersey has benefited from during the coronavirus pandemic has seemingly finally subsided as the official August revenue numbers show a decrease in online poker activity.
Although the numbers are still much higher than August 2019, The 2020 August numbers had a massive drop from July.
The month to month decrease is a 36% percent drop, which has only been attributed to the unpredictability of the online poker world.
Online Poker Plummets
New Jersey is home to one of the biggest USA online poker markets out there. It proved as much when, during the pandemic, the Garden State saw a boom in revenue from online poker.
In just July, online poker managed to reach the second-highest all-time revenue amount. New Jersey managed to take in $4,818,651 from online poker alone.
It seems that the spike in activity has finally calmed, with August revenue numbers dropping drastically in comparison. August saw $3,035,003 in poker revenue which is an almost $2 million drop.
The bulk of the activity came from Caesars Interactive Entertainment, which saw $1,313,066 in revenue from Peer-to-Peer gaming. This came from online poker activity from CaesarsCasino.com, HarrahsCasino.com, WSOP.com, and 888.com.
Resorts Digital Gaming, LLC added another $971,811 to the total revenue numbers, and the Borgata Hotel Casino & Spa added another $750,126 to the pot.
Even with the decrease, NJ can look at August as another successful month for online poker. The $3 million is still more than the Garden State has seen in August in years.
The overall poker revenue numbers for 2020 has shown to be a major success for the New Jersey gambling market. And while poker numbers are down, online casino gaming still saw a steady increase over the months.
The New Jersey online gambling market is still showing major success despite the August numbers.
USA online gambling has continued to be a staple in the industry throughout the year of the pandemic. The online poker numbers for September may manage to show another increase.