Monthly revenue from online poker has been up nearly every month of 2023 — How PokerStars NJ’s strategic moves shape the state’s online poker landscape.
WSOP NJ goes from worst to first in June, thanks in large part to the operator running online bracelet events during the summer festival.
Revenue data shows PokerStars NJ has been peeling market share from WSOP since the year started, after the Flutter brand combined its player pools in Michigan and New Jersey.
Operator generated $1.1 million in NJ online poker revenue in January, up 76% month-to-month but also up 46% from the same month a year ago.
Revenue data from the New Jersey Division of Gaming Enforcement (NJDGE) show NJ’s online poker rooms grossed $27.4 million in the full year 2022.
It will be the second cross-state online poker network made possible by the Multi-State Internet Gaming Agreement (MSIGA), and the first to involve Michigan.
Online poker in the Garden State has been stagnant since the pandemic. Breaking out of that funk will require Michigan regulators to authorize operators in that state to launch multi-state online poker.
Online poker operators grossed $2.6 million in January, marking the 23rd consecutive month of revenue above $2 million.