Another month delivered a familiar story about the internet gaming industry in New Jersey. Online poker revenue declined in September while online casino game revenue increased.
The coronavirus pandemic prompted New Jersey poker players to log on in record numbers, and online poker soared for several months this year, specifically in April and May. Poker players served up another increase in July. But the last two months saw decreases. While revenue remains high with respect to the previous year’s numbers, it was unable to maintain its momentum from the spring into the fall.
Online casino games saw a typical increase, as has been the overall pattern for years. But the poker dip brought the overall internet sector down just below the previous month, though the overall year-on-year numbers remain doubled.
Let’s just get to the numbers for September 2020, as provided by the New Jersey Division of Gaming Enforcement..
September 2020 Online Poker Revenue
The aforementioned roller coaster of online poker in New Jersey began in March with a jump due to the casinos closing due to the pandemic. April revenue surged even higher. It dropped in May and June but roared to life again in July. Last month, however, online poker dipped 37%.
The decrease in September was not as pronounced but notable nonetheless.
–September 2020 online poker win: $2,554,216
–August 2020 online poker win: $3,035,003
–September 2019 online poker win: $1,638,916
—Month-on-month: 15.8% decrease
—Year-on-year: 55.8% increase