Caesars Interactive Entertainment has overtaken PokerStars and Borgata to become the highest grossing operator in the New Jersey poker market. This is no mean fat, as PokerStars had been the most dominant online gambling entity in the state. That has changed now.
PokerStars has, in fact, had a terrific streak of being first, which lasted for over two years – they took first position in April 2016 and have not looked back, until now. In May 2018, Caesars dethroned them and now rules the NJ Empire. The main reason behind this change is the state’s joining of the Multi State Internet Gaming Association (MSIGA), which is now, therefore, sharing poker liquidity with other states – something Nevada and Delaware have been a part of for the past three years. It is because of this, and the fact that Caesars is the only operator offering online poker in those two states, that this operator benefits wildly from the situation which is reflected in their increased revenue, which has soared by more than 40 per cent!
“Caesars dethroned them and now rules the NJ empire”
In total, New Jersey online operators amassed $24.3 million in May revenue, which is 1.3 million less than in the month of March, when the revenue record was set. This is the fifteenth month in a row that combined online casino and poker revenues to exceed $20 million in this state.
Source: egr.global
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