New Jersey Casinos report a growth compared to 2014. Also the land based casinos in Atlantic City report an increase! Continue reading the details…
The Borgata – Party Poker – Pala alliance kept their market leadership with a 31,7 market share, followed by the Betfair – Golden Nugget partnership with 24,6 percent. The later partnership however reported stronger numbers for their online casino vertical.
Having a look on the year-on-year view, the numbers seem more exciting, showing that the overall growth is continuing. In May 2015 there was a total revenue of $12,47 million which are 19,1 percent more than the $10,5 millionen reported in May 2014. These numbers are highly influenced by the online casino vertical which performend 28,7 percent better this year.
Land based casinos also grow
The eight land-based casinos based in Atlantic City also reported a growth. 5,3 percent more compared to last years May.
The casinos won $208.6 million from gamblers last month; more than $156.9 million came from slot machines and $51.6 million from table games.
“That’s a strong showing for what our detractors say is a weak market,” said Matt Levinson, chairman of the New Jersey Casino Control Commission. “Whether you look at the results for the one month or for the first five months of this year, total gaming revenue is up for the current operators. The size of the market may be smaller, but the health of the current operators is getting stronger.”