Online Gambling Record

New Jersey Breaks Online Gambling Record

PokerStars has virtually taken the online casino market in New Jersey by storm, as the introduction of the casino site in late March has propelled the casino revenue of the state by about 33% breaking online gambling record. New Jersey, which happens to be one of the first states to permit online casinos has been recording impressive revenue collection from online casino games like Tiki Island slot. But in spite of the big interest shown by the local residents in the internet casino games, it looked as though the growth here had hit a plateau. The graph of revenue collection for the last couple of years indicated that the peak has been attained.

The Launch of PokerStars

Around the fag end of March 2016, PokerStars made its entry in New Jersey, courtesy, Resorts Casino. A market which looked like to have already peaked, woke-up with a renewed vigour, as the residents took a big fancy for PokerStars. It was not just the case of playing some entertaining online casino games, but winning that has made the difference. Since the winning percentage in PokerStars was much higher than most other games being offered at New Jersey, players started to make a beeline for the site, resulting in an increase in revenue for the state. This has in turn made the casino growth graph to surge northwards, after a period of lull.

The Tell-tale Figures

Since being launched in late March 2016, PokerStars has sustained a interest among the public of New Jersey, which could be clearly be seen in the figures provided by the gaming regulators of the state. Impressive gain of was recorded in casino revenue of the state in March 2016, the month when Pokerstars was introduced. In absolute terms, the revenue earned was $2,461,064 in March 2016, whereas the figures for the corresponding period in 2015 were $2,227,629, which shows that a 10% increase in revenue has been achieved. Yet another important piece of statistics brought out is that while casino wins in New Jersey from all other casino games like Tiki Island Slot was $15,507,459 in March 2016, it was only $13,165,623 in March 2015.

An Unparalleled Growth

Without any momentum shift, the revenue collection in the state in April too recorded an unprecedented $17 million, which is in fact a surge of 33% over the revenue earned during the same period in 2015. Within the first four months of 2016, a jump in casino wins of about 30% has been recorded thereby winning the confidence of the casino players. With choices now available to play entertaining as well as profitable games like Tiki Island Slot and poker games offered by PokerStars, the internet casino market is perked up to reach newer heights. The casino revenues of some of the leading casinos like Borgata, Golden Nugget, Tropicana, Caesar’s Interactive and Resorts casino have all recorded notable increase in the first quarter of 2016. Resorts casino has been one of the biggest success stories of 2016, thanks to PokerStars.

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