New Jersey Online Poker Rooms
2021年10月24日Register here: http://gg.gg/wb0sd
*Play Poker Online For Money
*Best Online Nj Poker Sites
BetMGM NJ Poker is the online poker branch of Roar Digital, a company that was created as a joint venture of BetMGM Resorts and Entain (formerly GVC Holdings).
The Borgata’s 21,500 square foot, 85-table poker room is easily the nicest in Atlantic City. The room features a 58-table Main Poker Room offering live poker action, an 18-table High Limit Room offering food.
It operates on the partypoker US Network, which hosts two more brands owned by the same company, Borgata Poker NJ and partypoker NJ. Launched in 2017, it was one of the first online poker rooms in New Jersey.
The room shares the New Jersey market with other competitors, namely PokerStars NJ, WSOP NJ, and 888 NJ. However, BetMGM Poker has a decent position, because all three rooms on the partypoker network share liquidity, which ensures better player traffic.
*There’s a lot to like about partypoker, New Jersey’s top online card room. While partypoker is only in New Jersey now, it’s set its sights set on other legal online jurisdictions in the United States as they roll out.
*Online poker Rules and laws of online poker in USA. Historical roots of poker are in New Orleans. Since invention of this game it has conquered world and became both a way to earn money and to spend.
*Is online poker legal in New Jersey? Online poker is completely legal in New Jersey. In fact, online poker has been authorized by state law since 2013. The launch of online poker in the Garden State came as the result of then-Gov. Chris Christie ’s signature on New Jersey Assembly Bill 2578 in February 2013.Roughly nine months after the bill’s procession into law, online poker.
*Online poker is legal in the state of New Jersey. However, you must be 21 years of age or older in order to gamble in the state of New Jersey. And, the online poker site you use must have a.
On this page, we bring answers to some of the frequent questions about BetMGM Poker New Jersey, dealing with legality, deposits and withdrawals, bonuses, game selection and player traffic, and much more.BetMGM: 100% legal, regulated online poker, sports and casino games in New Jersey!Is BetMGM Poker legal in New Jersey?
BetMGM is fully licensed by the New Jersey Division of Gaming Enforcement to offer different types of online gambling services. The company’s NJ license covers casino, sports betting, and online poker, so players can play here with full confidence. BetMGM NJ Poker is completely legal and operates entirely in line with rules and regulations of the state.Do I have to be physically present in New Jersey to play at BetMGM Poker?
One of the legal rules that is pretty much identical across all regulated US states is that players need to be physically present within the state where the operator is licensed if they want to play for real money.
In the future, when the operator goes live in Michigan and Pennsylvania, they will probably look for opportunities to merge player pools and create interstate compacts. For the time being, though, you do need to be physically present within New Jersey borders, and the room uses geolocation technology to ensure all players stick to this rule.
It is worth mentioning that New Jersey does have interstate compacts with Nevada and Delaware already. However, since BetMGM does not have a presence in these states, there are no player pools they could combine NJ players with.What kind of a welcome bonus does BetMGM Poker NJ offer to new players?
BetMGM Poker in New Jersey has a nice welcome package for all new players. First of all, there is a $25 no deposit bonus available to all new players who sign up and confirm their identity. Then, there is a 100% match bonus, awarding up to $1000 in bonus funds.Free $25 on BetMGM NJ Poker
For the first part of the welcome bonus, all you need to do is register with the site and successfully go through the verification process. This will give you $25 worth of bonus funds, split between free cash ($10) and tournament tickets ($15).
The no deposit bonus is a nice way to see what the room has to offer, test the software, and see what you can expect from real money games. You will be able to withdraw winnings resulting from the no deposit bonus, but not before making at least one real money deposit with BetMGM Poker.100% up to $1000 on First Deposit
The room offers a solid 100% bonus on the very first deposit, which will match the deposit in full up to the maximum of $1000. So, if you transfer $300, you will get $300 in your bonus account; if you deposit $1000, you max out the offer.
The welcome bonus is not issued all at once, though. Instead, it will release it in 10% increments every time you accumulate 20 times the value of the increment in iReward Points (iRPs). For example:
*Deposit $300 and get a $300 bonus
*The bonus is split into ten $30 increments
*$30 is released into your real money account for every 600 iRPs collected
To maximize the bonus:
*Deposit $1000 and get a $1000 bonus
*The bonus is split into ten $100 increments
*$100 is released into your real money account for every 2000 iRPs collected
Since you have to accumulate points to release bonus funds, once you release an increment, there are no further restrictions or wagering requirements to worry about. It is straight up cash that you can use to play with or withdraw.What other promotions does BetMGM NJ Poker offer?
BetMGM NJ Poker features a variety of other promotions for all players to take part in. Of course, these change somewhat frequently, so the best way to stay informed is by regularly visiting the site or keeping an eye out for their promotional emails and messages.
For sit and go players, there are regular weekly leaderboards split into two sections (low and high). These give you a chance to win some extra cash based on the number of tournaments played throughout the week as well as your overall success (finishing positions).What does BetMGM Poker New Jersey offer to cash game players?
The room features several popular poker variations across cash game tables, although you might struggle to find enough traffic for some of them. Currently supported variations are:
*Texas Hold’em
*Omaha
*Omaha 8
*Seven Card Stud
*Seven Card Stud 8
There are six-max and full ring tables available, with stakes starting at $0.01/$0.02 and going up to $25/$50. You can sit at the lowest stake tables with as little as $0.60, which is good for those completely new to poker, looking to learn the ropes and figure things out while risking the minimum.Can I play FastForward poker in New Jersey?
FastForward, which is partypoker’s variation of fast fold poker, is available at BetMGM NJ Poker. You can play up to four tables of FastForward at the same time, whether across the same level or playing at two or more different stakes.
As soon as you fold your hand, you will be moved to a new table and dealt into a new hand, increasing the number of hands you get to see per hour. You will still collect iRPs when playing on these tables just like when playing in regular games.How good is the game selection for tournament players at BetMGM NJ Poker?
Sharing liquidity with two other rooms on the network, BetMGM NJ Poker is able to offer a decent schedule of daily and weekly tournaments. Players will find various events across all buy-ins, with some of the flagship tournaments being:
*Daily $10K – compete for a share of at least $10,000 for the $109 buy-in
*Mega Tuesday – a weekly $535 tournament with the $12,000 guarantee
*Sunday $35K – a flagship BetMGM NJ Poker event, featuring the buy-in of $215What deposit and withdrawal options does BetMGM New Jersey accept?
BetMGM NJ Poker features a solid selection of banking options that you can use to both fund your account and withdraw your poker winnings. In this particular aspect, they are even ahead of some other rooms in the state and in the US in general, as they have clearly done the work behind the scenes to make things as simple as possible for their players.Payment MethodDepositsWithdrawalsVisaYesNoMasterCardYesNoDiscoverYesNoAmexYesNoACH/e-checkYesYesSkrillYesYesPayPalYesYesBetMGM Play+YesYesPayNearMe YesYesBank transferYesYesCash at the cageYesYesCheck by mailNoYes
The minimum deposit at BetMGM NJ Poker is just $10, so you even beyond the no deposit bonus, you can test the room, play some games, and have some poker fun without breaking the bank.What is the quality of the software like?
What does negative odds ratio mean. BetMGM’s poker platform was developed by GVC Holdings, i.e. partypoker. Best poker training app. So, although BetMGM might be new to online poker, their partner is anything but. The software is quite decent overall, offering stability and reliability before all else.
The overall design could hardly be described as impressive, but it does the trick. The clean, no-nonsense look of the main lobby and the tables makes it very easy to find your way around the platform and play the game with no distractions.
You do get some nice customization options, such as the ability to create your own avatars, giving you the opportunity to make the platform more “personal.” The software also lets you take notes on other players in real time, which is quite useful.Does BetMGM Poker NJ offer mobile apps for Android and iPhone?
You will find mobile apps for both Android and iOS phones and tablets. The BetMGM NJ Poker app for iPhone users is available on the App Store, while the Android version is made available for the download on the site.
To get started, visit the BetMGM site from your phone, find the download link, and follow instructions. It is a rather straightforward process, so you should have no problems with it.
You can use the mobile app to play all the games available on the desktop platform. The company has done a very good job updating and improving the app over the years, doing away with some disconnection problems, freezing issues, etc.Who is BetMGM’s land-based partner in New Jersey?
BetMGM’s online poker room operates through Borgata Hotel & Casino located in Atlantic City. If you ever want to use the cashier desk option to make a deposit with BetMGM Poker NJ, you can do it at Borgata. Just remember to bring with a photo ID.
New Jersey’s online gambling sites came very close to hitting an important milestone in December. Together, they were on course to break into the nine figures for monthly revenue for the first time. Ultimately, they came up just short, but should cross the $100 million mark in the not-too-distant future, perhaps even this month.
As it was, the actual total came up to $99.5 million. That’s an increase of 8.4% over November’s total, though December did benefit from being a longer month. Taking the extra day into account, the increase in average daily revenue was a more modest 4.9%.
Either way, it’s an improvement over the speed of growth the market has seen recently. For much of the latter half of 2020, monthly increases of around 3% to 4% were more typical. December’s gains also pushed iGaming’s annual growth figure north of 100%, where it had been most of the year until November.
Sports betting revenue also showed a significant increase in December, while retail casino revenue held close to even. Despite the casinos continuing to have a rough time, growth for sports betting and online gambling were sufficient to create a year-on-year increase in the grand total, at $313 million versus $287 million in December 2019.
Data comes from the latest report published by the NJ Division of Gaming Enforcement.NJ online gambling highlights: December 2020
Here’s the dollar breakdown for NJ online gambling in December:
*Combined revenue for online casinos and poker in December amounted to $99,450,065, up from $91,827,190 and a new monthly record.
*Daily average revenue was up to $3,208,067, marking the fifth consecutive month of growth by this metric.
*Online casinos rebounded after a weak November. They pulled in $96,430,012, an increase of almost exactly $7 million.
*Onlinepoker rooms also had a good month, generating $3,020,053 in revenue compared to $2,396,617 in November.
Although small in dollar terms, a month of gains for New Jersey onlinepoker represents the most significant win for the state in qualitative terms. Poker revenues had been on the decline since the WSOP Online Bracelet Series over the summer. December was the first positive month since July, and $3.02 million the highest monthly total since August.
Online casinos, of course, were responsible for the bulk of the gains. Much of that came from the top two licensees, who continue to fight for market leadership.
Golden Nugget remains the top dog for now, having added 13.1% to its onlinecasino revenue and closing in on the $30 million mark. Despite that impressive performance, it failed to put any distance between itself and Borgata. The latter is home to BetMGM, probably the biggest individual site in the state. Its casino revenue shot up 14.8%, closing the gap with Golden Nugget to just 12.8%. Factoring in poker revenue, which Borgata has but Golden Nugget lacks, the difference is just 8.4%.
Other licensees, for the most part, saw more modest gains. Caesars was another good performer, up 22.6% for poker, 8.6% for casino and 10.3% overall. Conversely, Hard Rock had the worst month of the lot. It has experienced considerable volatility of late and was down 7.5% in December after a strong showing in November.
More detailed numbers for individual operator performance are available in a table at the bottom of this article.NJ online gambling revenue breakdown
Revenue / ∆ Monthly (normalized) / ∆ Yearly:
*Total: $99.45 million / +4.8% / +101.6%
*Online casinos: $96.43 million / +4.4% / +102.6%
*: $3.02 million / +22.0% / +74.1%
New Jersey poker sites didn’t just rebound in December, they surged. Borgata in particular had a great month, up 53% and exceeding $1 million in monthly revenue for the first time since May. This comes from a set of networked skins, including Partypoker and BetMGM Poker, the latter of which has just taken on a new Poker Operations Games Manager in preparation for its launch in Pennsylvania and Michigan.Play Poker Online For Money
All three poker operators shared in the gains, however. WSOP (using the Caesars’ license) increased its revenue 23%, and PokerStars (using Resorts’ license) was up 5%.Best Online Nj Poker Sites
Online casinos increased their daily average revenue by 4.4% and their monthly total by 7.8%. That makes December the best month for the casino vertical since April, which was of course the first full month of the retail casino shutdown.NJ online sports betting revenue
*Total NJ sports betting: $66.4 million
*Online sports betting: $58.7 million
December was yet another very good month for NJ online sports betting. Total revenue shot up to $66.4 million, from just $50.6 million in November. The gains were reflected in both channels, with retail gaining 12% and online up 34%.
Handle was another near-miss for hitting a major milestone. All operators and channels combined to pull in $996,300,794 in bets, tantalizingly close to a nice, round billion.
That’s an increase of just under 7% in betting activity, a less exciting number than the revenue total. This is because hold rose to 6.7%, from 5.4% in November, as bettors had a less lucky month. The good news here is that December’s hold was very close to the average for 2020, which was 6.8%, making it more likely that the revenue gains can be sustained.
Market share didn’t change very much for most operators. Meadowlands Racetrack remains the market leader, and increased its share by 1% after several months of decline. Taking both retail and online into account, it holds almost exactly half the market.
Borgata was once again the big success story here, more than tripling its share of the online market and pulling into third place overall, behind Meadowlands and Resorts.
You can get more details about New Jersey’s skyrocketing sports handle over at Legal Sports Report.Detailed numbers by operator/productDec-20Nov-20Monthly Chg.Dec-19Yearly Chg.BorgataPoker$1,071,071$701,54652.67%$454,962135.42%Casino$26,086,630$22,723,64814.80%$8,776,643197.23%Total$27,157,701$23,425,19415.93%$9,231,605194.18%CaesarsPoker$1,174,943$958,48122.58%$709,42765.62%Casino$7,728,293$7,114,3078.63%$3,758,401105.63%Total$8,903,236$8,072,78810.29%$4,467,82899.27%Golden NuggetPoker$0$0—$0—Casino$29,438,736$26,029,37713.10%$17,292,90770.24%Total$29,438,736$26,029,37713.10%$17,292,90770.24%Hard RockPoker$0$0—$0—Casino$5,801,008$6,270,818-7.49%$2,218,352161.50%Total$5,801,008$6,270,818-7.49%$2,218,352161.50%Ocean ResortPoker$0$0—$0—Casino$1,132,680$947,72319.52%$102,6371003.58%Total$1,132,680$947,72319.52%$102,6371003.58%ResortsPoker$774,039$736,5905.08%$570,42535.70%Casino$20,244,839$20,234,9280.05%$11,378,07077.93%Total$21,018,878$20,971,5180.23%$11,948,49575.91%TropicanaPoker$0$0—$0—Casino$5,997,826$6,109,772-1.83%$4,066,13347.51%Total$5,997,826$6,109,772-1.83%$4,066,13347.51%All LicenseesPoker$3,020,053$2,396,61726.01%$1,734,81474.09%Casino$96,430,012$89,430,5737.83%$47,593,143102.61%Total$99,450,065$91,827,1908.30%$49,327,957101.61%
Register here: http://gg.gg/wb0sd
https://diarynote.indered.space
*Play Poker Online For Money
*Best Online Nj Poker Sites
BetMGM NJ Poker is the online poker branch of Roar Digital, a company that was created as a joint venture of BetMGM Resorts and Entain (formerly GVC Holdings).
The Borgata’s 21,500 square foot, 85-table poker room is easily the nicest in Atlantic City. The room features a 58-table Main Poker Room offering live poker action, an 18-table High Limit Room offering food.
It operates on the partypoker US Network, which hosts two more brands owned by the same company, Borgata Poker NJ and partypoker NJ. Launched in 2017, it was one of the first online poker rooms in New Jersey.
The room shares the New Jersey market with other competitors, namely PokerStars NJ, WSOP NJ, and 888 NJ. However, BetMGM Poker has a decent position, because all three rooms on the partypoker network share liquidity, which ensures better player traffic.
*There’s a lot to like about partypoker, New Jersey’s top online card room. While partypoker is only in New Jersey now, it’s set its sights set on other legal online jurisdictions in the United States as they roll out.
*Online poker Rules and laws of online poker in USA. Historical roots of poker are in New Orleans. Since invention of this game it has conquered world and became both a way to earn money and to spend.
*Is online poker legal in New Jersey? Online poker is completely legal in New Jersey. In fact, online poker has been authorized by state law since 2013. The launch of online poker in the Garden State came as the result of then-Gov. Chris Christie ’s signature on New Jersey Assembly Bill 2578 in February 2013.Roughly nine months after the bill’s procession into law, online poker.
*Online poker is legal in the state of New Jersey. However, you must be 21 years of age or older in order to gamble in the state of New Jersey. And, the online poker site you use must have a.
On this page, we bring answers to some of the frequent questions about BetMGM Poker New Jersey, dealing with legality, deposits and withdrawals, bonuses, game selection and player traffic, and much more.BetMGM: 100% legal, regulated online poker, sports and casino games in New Jersey!Is BetMGM Poker legal in New Jersey?
BetMGM is fully licensed by the New Jersey Division of Gaming Enforcement to offer different types of online gambling services. The company’s NJ license covers casino, sports betting, and online poker, so players can play here with full confidence. BetMGM NJ Poker is completely legal and operates entirely in line with rules and regulations of the state.Do I have to be physically present in New Jersey to play at BetMGM Poker?
One of the legal rules that is pretty much identical across all regulated US states is that players need to be physically present within the state where the operator is licensed if they want to play for real money.
In the future, when the operator goes live in Michigan and Pennsylvania, they will probably look for opportunities to merge player pools and create interstate compacts. For the time being, though, you do need to be physically present within New Jersey borders, and the room uses geolocation technology to ensure all players stick to this rule.
It is worth mentioning that New Jersey does have interstate compacts with Nevada and Delaware already. However, since BetMGM does not have a presence in these states, there are no player pools they could combine NJ players with.What kind of a welcome bonus does BetMGM Poker NJ offer to new players?
BetMGM Poker in New Jersey has a nice welcome package for all new players. First of all, there is a $25 no deposit bonus available to all new players who sign up and confirm their identity. Then, there is a 100% match bonus, awarding up to $1000 in bonus funds.Free $25 on BetMGM NJ Poker
For the first part of the welcome bonus, all you need to do is register with the site and successfully go through the verification process. This will give you $25 worth of bonus funds, split between free cash ($10) and tournament tickets ($15).
The no deposit bonus is a nice way to see what the room has to offer, test the software, and see what you can expect from real money games. You will be able to withdraw winnings resulting from the no deposit bonus, but not before making at least one real money deposit with BetMGM Poker.100% up to $1000 on First Deposit
The room offers a solid 100% bonus on the very first deposit, which will match the deposit in full up to the maximum of $1000. So, if you transfer $300, you will get $300 in your bonus account; if you deposit $1000, you max out the offer.
The welcome bonus is not issued all at once, though. Instead, it will release it in 10% increments every time you accumulate 20 times the value of the increment in iReward Points (iRPs). For example:
*Deposit $300 and get a $300 bonus
*The bonus is split into ten $30 increments
*$30 is released into your real money account for every 600 iRPs collected
To maximize the bonus:
*Deposit $1000 and get a $1000 bonus
*The bonus is split into ten $100 increments
*$100 is released into your real money account for every 2000 iRPs collected
Since you have to accumulate points to release bonus funds, once you release an increment, there are no further restrictions or wagering requirements to worry about. It is straight up cash that you can use to play with or withdraw.What other promotions does BetMGM NJ Poker offer?
BetMGM NJ Poker features a variety of other promotions for all players to take part in. Of course, these change somewhat frequently, so the best way to stay informed is by regularly visiting the site or keeping an eye out for their promotional emails and messages.
For sit and go players, there are regular weekly leaderboards split into two sections (low and high). These give you a chance to win some extra cash based on the number of tournaments played throughout the week as well as your overall success (finishing positions).What does BetMGM Poker New Jersey offer to cash game players?
The room features several popular poker variations across cash game tables, although you might struggle to find enough traffic for some of them. Currently supported variations are:
*Texas Hold’em
*Omaha
*Omaha 8
*Seven Card Stud
*Seven Card Stud 8
There are six-max and full ring tables available, with stakes starting at $0.01/$0.02 and going up to $25/$50. You can sit at the lowest stake tables with as little as $0.60, which is good for those completely new to poker, looking to learn the ropes and figure things out while risking the minimum.Can I play FastForward poker in New Jersey?
FastForward, which is partypoker’s variation of fast fold poker, is available at BetMGM NJ Poker. You can play up to four tables of FastForward at the same time, whether across the same level or playing at two or more different stakes.
As soon as you fold your hand, you will be moved to a new table and dealt into a new hand, increasing the number of hands you get to see per hour. You will still collect iRPs when playing on these tables just like when playing in regular games.How good is the game selection for tournament players at BetMGM NJ Poker?
Sharing liquidity with two other rooms on the network, BetMGM NJ Poker is able to offer a decent schedule of daily and weekly tournaments. Players will find various events across all buy-ins, with some of the flagship tournaments being:
*Daily $10K – compete for a share of at least $10,000 for the $109 buy-in
*Mega Tuesday – a weekly $535 tournament with the $12,000 guarantee
*Sunday $35K – a flagship BetMGM NJ Poker event, featuring the buy-in of $215What deposit and withdrawal options does BetMGM New Jersey accept?
BetMGM NJ Poker features a solid selection of banking options that you can use to both fund your account and withdraw your poker winnings. In this particular aspect, they are even ahead of some other rooms in the state and in the US in general, as they have clearly done the work behind the scenes to make things as simple as possible for their players.Payment MethodDepositsWithdrawalsVisaYesNoMasterCardYesNoDiscoverYesNoAmexYesNoACH/e-checkYesYesSkrillYesYesPayPalYesYesBetMGM Play+YesYesPayNearMe YesYesBank transferYesYesCash at the cageYesYesCheck by mailNoYes
The minimum deposit at BetMGM NJ Poker is just $10, so you even beyond the no deposit bonus, you can test the room, play some games, and have some poker fun without breaking the bank.What is the quality of the software like?
What does negative odds ratio mean. BetMGM’s poker platform was developed by GVC Holdings, i.e. partypoker. Best poker training app. So, although BetMGM might be new to online poker, their partner is anything but. The software is quite decent overall, offering stability and reliability before all else.
The overall design could hardly be described as impressive, but it does the trick. The clean, no-nonsense look of the main lobby and the tables makes it very easy to find your way around the platform and play the game with no distractions.
You do get some nice customization options, such as the ability to create your own avatars, giving you the opportunity to make the platform more “personal.” The software also lets you take notes on other players in real time, which is quite useful.Does BetMGM Poker NJ offer mobile apps for Android and iPhone?
You will find mobile apps for both Android and iOS phones and tablets. The BetMGM NJ Poker app for iPhone users is available on the App Store, while the Android version is made available for the download on the site.
To get started, visit the BetMGM site from your phone, find the download link, and follow instructions. It is a rather straightforward process, so you should have no problems with it.
You can use the mobile app to play all the games available on the desktop platform. The company has done a very good job updating and improving the app over the years, doing away with some disconnection problems, freezing issues, etc.Who is BetMGM’s land-based partner in New Jersey?
BetMGM’s online poker room operates through Borgata Hotel & Casino located in Atlantic City. If you ever want to use the cashier desk option to make a deposit with BetMGM Poker NJ, you can do it at Borgata. Just remember to bring with a photo ID.
New Jersey’s online gambling sites came very close to hitting an important milestone in December. Together, they were on course to break into the nine figures for monthly revenue for the first time. Ultimately, they came up just short, but should cross the $100 million mark in the not-too-distant future, perhaps even this month.
As it was, the actual total came up to $99.5 million. That’s an increase of 8.4% over November’s total, though December did benefit from being a longer month. Taking the extra day into account, the increase in average daily revenue was a more modest 4.9%.
Either way, it’s an improvement over the speed of growth the market has seen recently. For much of the latter half of 2020, monthly increases of around 3% to 4% were more typical. December’s gains also pushed iGaming’s annual growth figure north of 100%, where it had been most of the year until November.
Sports betting revenue also showed a significant increase in December, while retail casino revenue held close to even. Despite the casinos continuing to have a rough time, growth for sports betting and online gambling were sufficient to create a year-on-year increase in the grand total, at $313 million versus $287 million in December 2019.
Data comes from the latest report published by the NJ Division of Gaming Enforcement.NJ online gambling highlights: December 2020
Here’s the dollar breakdown for NJ online gambling in December:
*Combined revenue for online casinos and poker in December amounted to $99,450,065, up from $91,827,190 and a new monthly record.
*Daily average revenue was up to $3,208,067, marking the fifth consecutive month of growth by this metric.
*Online casinos rebounded after a weak November. They pulled in $96,430,012, an increase of almost exactly $7 million.
*Onlinepoker rooms also had a good month, generating $3,020,053 in revenue compared to $2,396,617 in November.
Although small in dollar terms, a month of gains for New Jersey onlinepoker represents the most significant win for the state in qualitative terms. Poker revenues had been on the decline since the WSOP Online Bracelet Series over the summer. December was the first positive month since July, and $3.02 million the highest monthly total since August.
Online casinos, of course, were responsible for the bulk of the gains. Much of that came from the top two licensees, who continue to fight for market leadership.
Golden Nugget remains the top dog for now, having added 13.1% to its onlinecasino revenue and closing in on the $30 million mark. Despite that impressive performance, it failed to put any distance between itself and Borgata. The latter is home to BetMGM, probably the biggest individual site in the state. Its casino revenue shot up 14.8%, closing the gap with Golden Nugget to just 12.8%. Factoring in poker revenue, which Borgata has but Golden Nugget lacks, the difference is just 8.4%.
Other licensees, for the most part, saw more modest gains. Caesars was another good performer, up 22.6% for poker, 8.6% for casino and 10.3% overall. Conversely, Hard Rock had the worst month of the lot. It has experienced considerable volatility of late and was down 7.5% in December after a strong showing in November.
More detailed numbers for individual operator performance are available in a table at the bottom of this article.NJ online gambling revenue breakdown
Revenue / ∆ Monthly (normalized) / ∆ Yearly:
*Total: $99.45 million / +4.8% / +101.6%
*Online casinos: $96.43 million / +4.4% / +102.6%
*: $3.02 million / +22.0% / +74.1%
New Jersey poker sites didn’t just rebound in December, they surged. Borgata in particular had a great month, up 53% and exceeding $1 million in monthly revenue for the first time since May. This comes from a set of networked skins, including Partypoker and BetMGM Poker, the latter of which has just taken on a new Poker Operations Games Manager in preparation for its launch in Pennsylvania and Michigan.Play Poker Online For Money
All three poker operators shared in the gains, however. WSOP (using the Caesars’ license) increased its revenue 23%, and PokerStars (using Resorts’ license) was up 5%.Best Online Nj Poker Sites
Online casinos increased their daily average revenue by 4.4% and their monthly total by 7.8%. That makes December the best month for the casino vertical since April, which was of course the first full month of the retail casino shutdown.NJ online sports betting revenue
*Total NJ sports betting: $66.4 million
*Online sports betting: $58.7 million
December was yet another very good month for NJ online sports betting. Total revenue shot up to $66.4 million, from just $50.6 million in November. The gains were reflected in both channels, with retail gaining 12% and online up 34%.
Handle was another near-miss for hitting a major milestone. All operators and channels combined to pull in $996,300,794 in bets, tantalizingly close to a nice, round billion.
That’s an increase of just under 7% in betting activity, a less exciting number than the revenue total. This is because hold rose to 6.7%, from 5.4% in November, as bettors had a less lucky month. The good news here is that December’s hold was very close to the average for 2020, which was 6.8%, making it more likely that the revenue gains can be sustained.
Market share didn’t change very much for most operators. Meadowlands Racetrack remains the market leader, and increased its share by 1% after several months of decline. Taking both retail and online into account, it holds almost exactly half the market.
Borgata was once again the big success story here, more than tripling its share of the online market and pulling into third place overall, behind Meadowlands and Resorts.
You can get more details about New Jersey’s skyrocketing sports handle over at Legal Sports Report.Detailed numbers by operator/productDec-20Nov-20Monthly Chg.Dec-19Yearly Chg.BorgataPoker$1,071,071$701,54652.67%$454,962135.42%Casino$26,086,630$22,723,64814.80%$8,776,643197.23%Total$27,157,701$23,425,19415.93%$9,231,605194.18%CaesarsPoker$1,174,943$958,48122.58%$709,42765.62%Casino$7,728,293$7,114,3078.63%$3,758,401105.63%Total$8,903,236$8,072,78810.29%$4,467,82899.27%Golden NuggetPoker$0$0—$0—Casino$29,438,736$26,029,37713.10%$17,292,90770.24%Total$29,438,736$26,029,37713.10%$17,292,90770.24%Hard RockPoker$0$0—$0—Casino$5,801,008$6,270,818-7.49%$2,218,352161.50%Total$5,801,008$6,270,818-7.49%$2,218,352161.50%Ocean ResortPoker$0$0—$0—Casino$1,132,680$947,72319.52%$102,6371003.58%Total$1,132,680$947,72319.52%$102,6371003.58%ResortsPoker$774,039$736,5905.08%$570,42535.70%Casino$20,244,839$20,234,9280.05%$11,378,07077.93%Total$21,018,878$20,971,5180.23%$11,948,49575.91%TropicanaPoker$0$0—$0—Casino$5,997,826$6,109,772-1.83%$4,066,13347.51%Total$5,997,826$6,109,772-1.83%$4,066,13347.51%All LicenseesPoker$3,020,053$2,396,61726.01%$1,734,81474.09%Casino$96,430,012$89,430,5737.83%$47,593,143102.61%Total$99,450,065$91,827,1908.30%$49,327,957101.61%
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