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Online Poker Revenues in New Jersey Enjoy Significant Year-on-Year Growth

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chips, laptop, cards, hands

From the way things are looking, online poker seems to be doing very well in New Jersey. As the stats rise, the Garden State continues to generate big revenues. In this post, we’ll be taking a look at some impressive stats and figures achieved in 2019 and 2020, along with how things will be looking for the market in the coming months.

Online Poker in New Jersey Generates Double the Revenue in 2020

According to the stats released by the New Jersey Division of Gaming Enforcement, three licensed and regulated online poker providers in New Jersey – WSOP/888, PokerStars NJ and Partypoker US successfully managed to hit the $2.5 million mark in revenue during November 2020. Without a doubt, this is a huge milestone for the online poker industry in New Jersey, considering the fact that it is the highest value achieved throughout the lasted seven years.

So, let’s start this off by taking a closer look at the figures Between March and July of this year. Throughout this period, the NJ Online Poker market generated between $3 million and $5 million each month. When compared to these stats, figures fell short in October after the revenue hit just over $2.5 million.

That said, the total revenue generated in November is still extremely significant when compared to last year. If we add up all the poker sites, they only managed to hit the $1.5 million mark in November 2019. This all changed just a couple of weeks ago. In fact, the stats represent a growth rate of 61%. 

So far, this year’s figures make up a record-breaking revenue of $35.7 million. Seeing as this year isn’t over just yet, experts predict that the NJ online poker market will also double the $19 million generated in 2019.

Check out the table below for a full list of figures:

Network Revenues During the First Eleven Months of 2019 and 2020

 20192020Growth Percentage Rate %Average per Month (2019)Average per Month (2020)
WSOP/888$8,160,024$15,224,33286.57%$741,820$1,384,030
PokerStars NJ$6,391,463$11,837,52585.21%$581,042$1,076,139
Partypoker US$4,468,665$8,720,42095.15%$406,242$792,765
      
TOTALS$19,020,152$35,782,27788.13%    

From these results, we can conclude that the WSOP/888 network displayed a significant growth percentage rate. From the $951K generated in October, the amount increased to $958 in November. On top of that, this steady growth rate of the network happened when the Fall Online Championships Series and Holiday Special promotions were also being hosted.

If we look back at 2019, each network managed to double their revenues. WSOP/888 managed to hit $15,2 million in 2020 following the $8.1 achieved in 2019. PokerStars NJ surpassed the previous $6.3 million mark achieved in the previous year with $11.8 million.

Finally, Partypoker NJ also achieved some great results. Following the rebranding of the US operations, this has been extremely beneficial to the NJ market. In fact, a tournament series is hosted every month. So far, the network has made $8.7 million, therefore, surpassing the $4.4 million made during the first 11 months of 2019.

This is extremely impressive because there has never been a year where the online poker market in New Jersey managed to generate over $30 million in a year. And yet, this target was achieved in September. If we look back at previous records, one of the most significant years is 2014, where all regulated online poker rooms managed to make $29 million in revenue.

Continuous Year-Over-Year Growth

The three regulated online poker networks – WSOP/888, PokerStars NJ and Partypoker US have all enjoyed steady year-on-year growth rates. Let’s illustrate this in a couple more figures:

NetworkOperating LicenseYear-Over-Year Growth Percentage Rate %
WSOP/888Caesars55% Increase
PokerStars NJResorts53% Increase
Party Poker USBorgata78% Increase

Based on these stats, the WSOP/888 network (WSOP NJ and 888 Poker NJ) retained the number one spot for the sixth consecutive month, after it managed to generate a whopping $958,000 in November. That figure alone is enough to cover 40% of the market.

Moving on to PokerStars NJ, this network generated $737,000. In total, this represents 30/7% of the market share. Finally, Partypoker US (Partypoker NJ, BetMGM Poker and Borgata Poker) hit the $702,000, covering 29.3% of the market.

Below you’ll find a complete list of revenues that highlight the differences in the revenues generated in November 2019 and November 2020:

Network Revenues of November 2019 and 2020

 Nov 2019Nov 2020Growth Percentage Rate %
WSOP/888$618,677$958,48154.92%
PokerStars NJ$480,020$736,59053.45%
Partypoker US$393,797$736,59078.15%
    
TOTALS$1,492,494$2,396,617                

The Future Looks Bright – Events and Predictions in the Coming Months

Although November is usually one of the worst months for online poker, things are playing out quite differently this year. In fact, along with the staggering $35.7 million that were generated during that month things haven’t stopped there.

On the contrary, December is proving to be a very busy month for online poker enthusiasts. Following the success of the US leg of the $10K World Series of Poker Main Event that was hosted by the WSOP/888 network, an impressive $6.7 million prize pool was up for grabs.

And that’s not all! On December 27th, the Partypoker US Network is set to host the WPT Online Poker Open $3500 Main Event, where players are guaranteed to win $1 million in prize money. On that same day, PokerStars NJ will also be airing the  New Jersey Classic tournament, featuring a $100,000 in guaranteed prize money.

From the way things are looking, we can most definitely expect yet another groundbreaking figure by the end of December. In fact, casino experts predict that online poker revenues are likely to go over $3 million, therefore exceeding a $40 million total.

On top of that, we are expecting more players to engage in online poker rooms between the months of January and March 2021. What’s more is that there is a high probability that Michigan join the liquidity pool with New Jersey as soon as the market is legalized.

Without a shred of doubt, all these events and trends point towards one thing – New Jersey will most definitely hit the $2 and $3 million targets every month throughout the first half of 2021. 

Can Ireland Catch Up with Other Countries When It Comes to eSports Sponsorships?

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eSports, which is defined as competitive video gaming at a professional level, is dependent on most of the same income methods as your more traditional sports. Media rights, attendance, and sponsorships are three of the main income contributors. Therefore, just like with traditional sports, some properties of eSports have suffered a bit during this pandemic. However, while traditional sport was postponed, the spotlight shone brighter on eSports and other types of gambling more than it has ever done. Right holders such as football clubs and Formula 1 have hosted and taken part in competitions as a means to stay relevant and a number of brands have jumped on the eSports band wagon for the first time.

Esports – an Irish sleeping giant

What Is It That Brands Are Buying into?

The early eSports sponsorships have mirrored those deals that are made in traditional sports such as football or rugby. For example, in football you can find the sponsorship logo scattered around the venue as well as on the shirts of the players. Deeper integration is something that is possible, and this is something that has the potential to offer brans a real immersive opportunity. The game publisher is often involved in the eSport competition, and when this is the case it gives brands the chance to get inside the game. A very good example of this is when MasterCard sponsored a League of Legends competition and you could see their digital banners within the game itself. This is great advertisement for sponsors, and we feel that it is just the tip of the iceberg.

Why Are Ireland and the United Kingdom Lagging Behind?

eSports is now starting to live up to its potential growth, but it has been a bit slow to reach heady heights in Ireland when compared to other global eSport markets. It is fair to say that the United Kingdom has also lagged behind Asian countries such as India, America, and a host of other European countries when it comes down to commercialisation, but the Covid pandemic and the postponement of live sport has actually helped to bring the coverage of eSports closer to mainstream.

Ireland is a country that suffers from lack of exposure, and while there are many Irish gamers, the eSports market in Ireland has not received a lot of investment over the years. The risk for a small country with no reputation for hosting big eSports tournaments is that current and any future fans will more than likely follow high profile players and teams that are from other countries. In fact, it is possible that a scenario arrives that is quite similar to the football scene in Ireland – Irish football fans care more about international leagues and any Irish players that want to make it big in the footballing world has to go and play in a league abroad.

However, there is a silver lining and that is that there is an appetite for eSports in the Emerald Isle from right holders in traditional brands and sports. It has been estimated that about 55% of organisations feel that eSports is the perfect way to decrease the impact that the pandemic has had. For example, Munster Rugby have recently become one of the first teams in world rugby to develop an eSports division, having teamed up with Phelan Gaming, which is now called Munster Rugby Gaming. The club is aiming to broaden its brand appeal and gain new audiences – their start in the eSports world have gone pretty well as they have managed to reach the play-offs of both the leagues that they entered, securing a berth in the 2021 edition of the competition.

The Pandemic Has Increased a Trend

At the beginning of 2020, there was an increasing interest from right holders and sponsors for eSports, and the pandemic was something that just accelerated it. A survey that was released prior to the Covid pandemic showed that one in five people in rights holders and sponsors in see eSports as a great way to expand in the future, something that is in line with cause related opportunities and GAA. Only community opportunities and environment sustainability ranked higher.

Furthermore, to add to the interest in eSports from companies, another study showed that around three in ten 18-34 year olds are highly likely to play some video games each day over the next twelve months and around two out of every ten males within that age bracket will be likely to watch some type of eSports competition over the next year.

When lockdown first started around Europe, Formula 1 and La Liga were two of the first rights holders to develop virtual competitions for their sports. Additionally, Wolverhampton Wanderer, a club that competes in the English Premier League, launched their own platform so that they could host eSport events. They have since continued their adventure into the world of eSports and have sponsored a car at the virtual Le Mans 24-hour race. They are also looking for other ways that they can make a name for themselves in the eSports world.

Emerald eSports - eSports Ireland Team |

The Top Brands That Are Starting to Realise the Potential of eSports

eSports is now no longer a sector just for endemic brands like Logitech or HyperX to sponsor. There are many different brands nowadays that are thinking about and acquiring sponsorship deals in the industry. Companies such as Tag Heuer, Barclays, Levi’s, Kit Kat, Harvey Norman, and BMW are all involved in sponsorship deals within the eSports betting industry.

Creative Ways That Brands Make the Most of Their eSports Sponsorships

Brands have come up with innovative ways to stand out in the eSports world with one of the most innovative being from Sanquin, who are a Danish blood bank that used a European League of Legends Championship to encourage blood donation. They did this by offering first-time donors a reward that changed the look of their character in the game. More than 5,000 people donated blood, with over 3,000 of those doing so for the first time. This goes to show just how much an eSports audience is willing to engage with brand messages. It also proves that getting a foothold in the industry is a sure fire way to improve the awareness of your brand, whatever it happens to be.

What Next for the eSports World?

It is safe to say that eSports have definitely benefited from more exposure during this pandemic and it has encouraged more brands to forage into the eSports betting world. This is a growing sector, and it will continue to grow at a staggering rate for the foreseeable future. Additionally, the Ireland’s gaming federation recently became a member of the GEF (Global Esports Federation), and this is something that will certainly help to boost the country’s eSports sector. There are definitely exciting times ahead for the eSports gaming industry.

The Best Online Casinos for Those in India

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India’s gambling culture is quickly become just as vibrant as the rest of the country’s heritage. On this page you will find information about the best online casinos that cater to all the needs of Indian casino players as well as the games that Indian players enjoy playing the most. So, please keep on reading to find out all the information that you have been looking for.

Top Indian online casinos

Choosing the Best Online Casinos in India

Online gambling is something that is becoming more and more popular all over the world, and while its legality is something of a grey area in India, depending on the state you are in, Indian casino fans have plenty of options when it comes to online casinos that are willing to accept players from India. Having a huge choice is great, but it can sometimes be a bit of a hindrance when it comes to choosing the best site.

When you are looking at a new online casino to register with, there are a number of things that you should look at first before you go ahead and take the plunge, and we have listed the main factors below for you:

  • Welcome bonus on offer
  • The games available
  • The license the casino holds
  • The different payment options on offer
  • Whether the customer support is any good

You are obviously free to spend as much time as you like looking for your perfect online casino in India, but if you are a bit short on time or simply do not feel like browsing the Internet for hours, we provided you with a list of online casinos that you really should have a closer look at. In our opinion, the following are some of the best rated casinos for Indians:

  • LeoVegas
  • Royal Panda
  • 888 Casino
  • Caxino
  • Voodoo Dreams
  • Rank Casino
  • 22Bet
  • Frank Casino

All of the above, we guarantee you, will provide you with a highly entertaining online casino experience.

Is It Legal to Gamble in India?

As we briefly mentioned above, online gambling in India is a grey area. The majority of states around the country do not allow online gambling (due to outdated anti-gambling laws), but there are some states, such as Goa and Sikkim, where the laws are a lot more relaxed and it is legal to access online casinos. The move towards fully regulated online casinos is something that is in the pipeline for more states, but there is not a time frame as to when this will happen.

The reason gambling is a grey area in India is because there is not a specific law that bans Indians from going on gambling sites, which is the main reason why there are plenty of online casinos out there that are happy to accept players from India. Many also make it possible for Indians to deposit in rupees. So, although gambling inside the country is something that is prohibited, Indians are able to gamble online without having to worry about whether they are breaking the law or not.

Goa and Sikkim Leading a Regulated Gambling Market

The Indian government want a fully regulated gambling market as they are aware as to how much revenue can be made, especially with the likes of eSports. It is fair to say that Indians are becoming pretty obsessed with all of the popular eSports such as PUBG, League of Legends, and Counter-Strike. However, before they go ahead and fully regulate the gambling market, they are using Goa and Sikkim as guinea pigs. Both of these states have brick and mortar casinos and have more relaxed laws when it comes to online gambling.

Due to their less strict gambling regulations, these two states have since an increase in tourist levels and it should not be long before we start to see a big increase in gambling revenue from just these two states alone. When the government starts to see how much money these states make from gambling, we are sure that they will quickly bypass laws to allow gambling in more states across the country, just like what they are doing in Canada regarding sports betting.

What Is It That Makes for a Good Indian Online Casino?

There are many things that make for a good Indian online casino, and we have listed the main ones for you below:

  • Welcome Bonus in Indian rupees
  • 24/7 customer support
  • Fast withdrawals
  • A vast selection of games
  • A mobile friendly website

Classic games are known as classics simply because they are loved by casino players all over the globe, with India not being an exception to this rule. When it comes to casino games, Indians love to play blackjack, roulette, poker, and baccarat.  Online slot games are also become more and more popular among Indian players. You will also be able to find a few online casinos that have the following Indian games: Flish, Paplu, Passa, and Andar Bahar.

The rise of online casino interest in India | TopNews

Mobile Gambling in India

It is safe to say that mobile gambling has come a very long way over the last few years, and the majority of Indians use their smartphones in order to get their gambling fix. Online casinos that accept Indian players are more than aware of this fact, which is the reason why most of them make sure that the majority of the games that they offer work just as well on a mobile device as they do on a desktop device. Some have even created apps that make it a lot easier for their Indian customers to play their favourite games. Then there are some online casinos that take it a little step further and offer bonuses and promotions that have been developed specifically for those who register using a mobile device.

Depositing Methods If They Do Not Accept Indian Rupees

Indian casino players can sometimes face issues when they need to deposit some funds into their casino account. You should always look to sign up with an online casino that accepts your currency as this means that you will not be subjected to high conversion fees. However, what if you come across an online casino that you really like, and they do not accept Indian rupees? Well, luckily, we are now in a technological age where there are many different options that allow you to get around such restrictions. Below we discuss three payment methods that you can use if Indian rupees are not accepted at the online casino that you want to join.

Neteller: If you know Moneybookers, then you will quickly get an understanding as to what Neteller is. Neteller has become one of the most popular methods of payment at online casinos and you can fund your account using debit and credit cards, and bank transfers. The best thing about them is that they support local payment options in your country.

Skrill: This is a popular e-Wallet that allows casino players to deposit money into their account in their own currency. This then gives you the chance to use Skrill to fund your casino account. Skrill is very secure and safe, so you do not have to worry about any of your valuable financial information getting into the wrong hands. Skrill is a payment method that is widely accept by casinos across the world.

Ecopayz: This is another e-Wallet that is accepted at most online casinos and comes with the same benefits as those that we just mentioned above. However, we should add the e-Wallets usually have a small transaction fee that will need to be paid when you make a transaction. These fees are small and the advantages of using these payment methods outweigh the fees that apply.

Indian players have plenty of online casinos to choose from and although Indian rupees are not accepted by all, there are still enough options out there to allow you to overcome such obstacles. As a rule, it is important to read all of the terms and conditions so that you can find out whether Indian players are accepted at a particular casino. It is also your responsibility to adhere to all of the rules that an online casino has set.

Indian Casino Licenses

Before you sign up with an online casino, you need to make sure that they are licensed by a reputable gambling regulator. If you come across an online casino that accepts Indian players and is regulated by the likes of the United Kingdom Gambling Commission, the Kahnawake Gambling Commission, or the Malta Gaming Authority, then you can be certain that they are a legit casino and totally safe to play at.

Rebranding Harrah’s into Caesars New Orleans

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caesars, building

Big plans are in the pipeline for Caesars Entertainment Incorporated. In a recent press release, renovations have just been announced for the iconic Harrah’s New Orleans property. Seeing as around $325 million will be used to renovate and expand the full property, this is hands down one of the company’s largest investments to date. Judging from the company’s track record and portfolio, we’re excited to see what they have up their sleeves for this renovation project. Let’s take a closer look at the details.

About Harrah’s New Orleans Casino and Hotel

Before we delve into the upcoming renovation plans, we thought the venue’s history warrants a mention. Harrah’s New Orleans Casino first opened its doors to the public in 1999 on Canal Street, right in the heart of downtown New Orleans. Located just steps away from the French Quarter, it is the sole land-based 115,000 square casino venue that is houses over 1,400 slot machines, 130 table games and 20 poker tables. In short, it is a gaming paradise for any casino enthusiasts out there.

The hotel opened a couple of years later, precisely in the year 2006. Featuring 450 luxurious rooms, the hotel served as the perfect addition to the casino, especially due to its great location on Poydras Street. As you can tell, the venue has an interesting history and we can’t wait to see how it will be enhanced thanks to this renovation project.

Without any further ado, let’s delve into more detail about what the project actually consists of.

Explaining the Project

On Tuesday 8th December 2020, Caesars Entertainment, Inc. issued a press release to announce the company’s plans for the popular New Orleans venue. Harrah’s will undergo a major makeover as it soars to become a leading flagship resort by the end of 2024. Without a shred of doubt, this $325 million project that is set to exceed expectations.

Bearing in mind that this is an award-winning casino that has been part of the Caesars Entertainment name for years, the company is set to pull out all the stops here. The aim is to feature the ‘the elegance and indulgence’ that the venue is known for.

First Plans Unveiled

So what should we expect out of this renovation project? After all, it is worth $325 million so we’re expecting to be wowed here. Lucky for you, we have some insights from the preliminary plans that were unveiled last Tuesday. Here’s what you can expect:

Renovation Plans

• A stunning hotel tower above featuring no less than 340 rooms within the already existing entry to the 115,000 sq ft casino
• New ventures in hospitality and culinary
• Further developments on the unoccupied second floor of the casino
• A complete makeover of outer and interior along with other enhancements

From what we can gather so far, all these plans embody everything that that the Caesars Entertainment name stands for. In fact, Tom Reeg, CEO of Caesars Entertainment states that the company is looking forward to introducing Caesars New Orleans to the city.

He further commented that, since they are the sole land-based venue in the city, they are extremely dedicated to preserving their 20-year-old history in New Orleans. The renovations will in no way destroy what was built along the way, but they will be fulfilling a lifetime commitment.

Occupational Plans – 1100 Jobs

Along with the renovations, Tom Reeg also stated that this project will open more doors for occupation opportunities. In fact, this $325 million development will create 600 temporary jobs, as well as 500 permanent positions that will generate millions in tax revenues to New Orleans and Louisiana once all works are completed.

Further Expectations

Without a doubt, this all looks very promising. In fact, more notable people working on the project shared their thoughts on the matter.
Harrah’s General Manager – Mr Samir Mowad states that since he was born and bred in New Orleans, he is delighted that the company is working with locals. He feels that their help will further enhance what the vision they have for Harrah’s. He believes that the plans that were unveiled today are just the start of an exciting project that will bring more excitement to New Orleans. 

LaToya Cantrell, Mayor of New Orleans, is hopeful that this project will further put New Orleans on the map. She also hopes that the newly-renovated venue will generate more revenue and to move projects forward that create more job opportunities for locals and tourists. She adds that thanks to this project, New Orleans will be renowned as a city that offers something for everyone within the cultural and entertainment industry.

About the Company

Now that you have a full breakdown of the plans that have just been release, we thought it’s time to give the umbrella company a worthy mention.

As most of casino enthusiasts know, Caesars Entertainment Inc. needs no introduction. Seeing as the company owns none other than, the following resorts: Caesars, Harrah’s, Horseshoe and Eldorado, the stellar portfolio speaks for itself. It is not only one of the biggest casino-entertainment companies within the United States, but it is also a world-renowned casino provider.

Ever since it was founded in Reno, Nevada back in the year 1937, Caesars Entertainment Inc. has sought to become a leading household name. The company has climbed up the ladder through its consistent development of new venues, acquisitions and other further expansions. All guests who visit these casinos are promised exceptional customer service, excellence, and technological leadership. In short, each unique resort promises an experience like no other. Ultimately, the company’s main focus is on brand loyalty and generating value through this combination of factors.

We have no doubt Harrah’s renovations will be another success story for the company.

Update on the Law for Online Sport Betting in Illinois

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Sports bettors do not take sports betting with levity. Any act of legislation or executive order targeted against sports betting is a great disservice to it. In a reverse manner, any governmental order to either support gambling or repeal an act that limits its activities, is greeted with wide applause. The reinstatement of remote registration for online sports betting by the governor of Illinois is a great delight to sports bettors in that country. Let’s find out all that needs to be known on this new reinstatement.

Report of the gains of AGS & BetMGM casino network

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AGS, a viable gaming content maker and dealer based in Las Vegas, signed a contract to supply online casino gaming content to BetMGM, whose headquarters are in New Jersey, USA.

The contract comprises the delivery of AGS content straight to the BetMGM casino network and associate casinos. This report reviews the gains of the contract to AGS and the BetMGM casino network.

Find Out All of the Latest Gambling News Right Here

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It is no secret that there are a lot of people around the world who enjoy a spot of gambling. But how many people actually gamble? The numbers are absolutely incredible, and they are only going to get bigger and bigger as gambling becomes more popular. This is an online newspaper that talks about all things gambling, and below we are going to reveal the numbers that will give you a better idea as to just how popular gambling has become.

The Bigger Picture

Trying to work out how many people in the world gamble, as you can probably imagine, is not an easy task. It is difficult enough to get the numbers correct for a single country, so trying to get a worldwide picture is a bit of a thankless task.  However, there are numbers available out there, so someone has spent a lot of effort and time figuring it out.

For example, researchers from St. Louis’ Washington University carried out a study on in 2005 on problem gambling and gambling rates. The best estimate that they could give was that about 1.6 billion people gamble at least once in a year, while 4.2 billion people have gambled at some stage in their lives. With the increasing popularity of online gambling over the last decade, those numbers have certainly increased drastically.

Below we have provided you with some interesting online gambling statistics:

  • The online gambling industry rakes in $53.7 billion a year, with most of this coming from sports betting
  • In 2019, Great Britain’s gambling yield reached $14.3 billion
  • Asia accounts for 31.3% of the world’s gambling revenue, putting them at the top of the pile
  • The top five gambling markets in the world are Japan, China, South Korea, Germany, and the USA
  • Africa, in terms of percentage, had the biggest growth in the last couple of years

Gambling by Country

Despite its popularity, not all countries love gambling – some have restricted it heavily or banned it completely as they feel that it has a negative impact on their citizens. So, what countries love gambling the most?

Well, it is hard to find a nation that can compete with Australia when it comes to gambling. According to numerous studies, the average Aussie spends more on gambling than any other nationality – around $1,200 a year. This fact becomes a bit less surprising when you find out that more than 80% of adults in Australia are gamblers, which happens to be the highest percentage in the world. To help drive home just how much the average Aussie adult spends on gambling, the average adult in other countries such as Canada, Ireland, and Italy all spend less than $600 per year on gambling.