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New Jersey Gaming Revenues Dip 5% in August

The New Jersey Division of Gaming Enforcement has released their August 2015 financial results for the state's gambling industry, noting that revenues fell 5% from last year to $258.6 million.

For the month, online gaming brought in $12.2 million in revenue, which is up 16% from the same period last year. Casino games were up 22.9% from the same period last year to $10.2 million, while online poker was down 12% to $1.98 million. Compared to the month prior, online gaming revenue was down 2.5%, given a 4% lower take from online casino games. Poker was up 5% though.

Borgata-PartyPoker has 30.1% of the online gaming share in the state, while Tropicana holds 22.8% and Caesars has 22.6%. Betfair is in fourth place with 18.4% of revenues, and Resorts rounded out the top 5 with 6.1% of revenues, but will likely grow due to the impending launch of PokerStars at the casino.

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