It would seem that the New Jersey online poker market is suffering lately. Figures released by the New Jersey Division of Gaming Enforcement (DGE) show that the state raked in its lowest revenues since the new regulation began in November 2013. The sum is around $1.83 million. That is coming down from a January 2014 sum of $3.44 million.
This type of seasonal change is normal when the summer months start but the most disconcerting factor is that last month’s figures are 10% lower than June of last year. The only months that managed to maintain a steady profit this year have been February to March. On the other hand, online casino figures have kept rising since 2014. The online casinos in New Jersey have garnered $9.83 million in June, up 22.8% since last year.
All of this is probably due to people in that area getting tired of losing money on poker sites and slowly shifting towards online casinos. There they are able to try their hands at other games like Blackjack, Baccarat or Keno. Plus there are hundreds of online slot machines which can also pique the interest of a veteran gambler.
Next month a new behemoth in the world of online poker will join the New Jersey market. People are hoping that this will bring back interest to online poker and possibly boost the number of new users, at least for a period of time.