Poker dropped month-over-month by about 10%. February was 3 days shorter than January.
Casino made up the difference and then some, gaining ~20% despite the shorter month.
All operators saw a total MoM increase except for Trump Plaza (betfair) and Trump Taj (Ultimate).
Tropicana’s numbers were likely bolstered by the launch of Virgin casino brand.
Charts for NJ online gambling revenue to date
Note that DGE reporting is grouped by permit holder, as are the charts below. So, for example, even though 888 and Caesars operate separate brands in New Jersey (AAPN and WSOP, respectively), the revenue for both brands is grouped under Caesars because Caesars is the permit holder.
Total revenue for NJ online gambling operators
Poker revenue for NJ online gambling operators
Where does the NJ market go from here?
There are a few positives that bode well for the months to come:
The emergence of alternative payment systems such as Neteller and paysafe card for Skrill should help ease the payment processing pressure.
VISA acceptance rates are unlikely to get any worse and could continue to improve as governmental and industry reps continue to focus on outreach to the banking industry.