Online Poker Value – New Jersey Division of Gaming Enforcement releases its poker and casino win information. The report also includes both the numbers from the Online Poker as well as Casino Games. The numbers indicate that there is an increase in revenue on a month to month basis for Casino Games but not so for Online Poker.
All hopes for the future of Online poker are pinned on the shared online poker liquidity agreement that will allow some merged player pools from New Jersey with Nevada and Delaware. However, considering WSOP/888poker is the only option in Nevada and Delaware, it will be the only site sharing players with New Jersey.
Meanwhile, let’s look at the numbers that were just released for January 2018.
First, the bigger picture includes all internet gaming:
• January 2018 gaming win: $21,962,339
• December 2017 gaming win: $20,757,645
• January 2017 gaming win: $18,820,098
• Month-on-month: 5% increase (adjusted for days, 5.8% increase)
• Year-on-year: 3% increase (adjusted for days, 16.7% increase)
The numbers for Poker alone – There is a very slight increase from December to January, but it says little unless there is another upswing next month. Meanwhile, it looks closer to stagnancy than improvement:
• January 2018 online poker win: $1,950,696
• December 2017 online poker win: $1,937,061
• January 2017 online poker win: $2,338,866
• Month-on-month: 7% increase
• Year-on-year: 6% decrease
As mentioned, the liquidity among the three states via shared online poker was authorized last year and is likely to be implemented in 2018. In the beginning and for the foreseeable future, only the WSOP/888poker project will be able to share tables across borders, though that liquidity will give analysts a solid idea of the potential that shared poker holds for the burgeoning US market.
The only plan for improving online poker in the new US market is the liquidity network. No other sites operating in New Jersey have addressed the poker depression whatsoever, so it is difficult to tell what the future may hold