NJ Online Poker Looking More Like A Bust Than Another Boom

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New Jersey online poker revenue numbers have never been all that impressive. But despite the first-ever online World Series of Poker Circuit series and another vaunted PokerStars tournament series being held online on the Garden State last month, those numbers looked as bad as they ever have.

Overall, NJ online gambling revenues came close to a record high, with $25.75 million in September revenue posted. That number was actually up more than 26 percent over the same month last year.

Record-breaking NJ online casino numbers

NJ online casinos did their part, posting a record $24,142,472 in revenue. In fact, September marked the ninth consecutive month NJ online casino revenue exceeded $20 million.

However, online poker continued to disappoint, with just $1.6 million in revenue recorded. September online poker revenues were down 8.4 from August and 15.4 percent from the same month last year. In fact, it was the lowest monthly revenue number for NJ online poker since its very first, back in November 2013.

New Jersey signing on to the multi-state agreement allowing sites to share online poker player pools with others in Nevada and Delaware was supposed to be a game changer. But...

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For example, some of the more popular US poker sites such as Lock Poker was, are for all intents and functions were a little too carefully associated with the gaming commission that controlled them; a major dispute of interest. Take another example, the once Absolute Poker and Ultimate Bet. Each of these business were owned by Tokwiro Enterprises, which is a private business solely owned by Joseph Tokwiro Norton and headquartered in Kahnawake Mohawk Area. This area is a small (48.05 square kilometers) sovereign Indian booking on the south shore of the St. Lawrence River in Quebec with a population of about 8,000. The gambling commission which regulated these 2 websites was also in the Kahnawake Mohawk Territory and called the Kahnawake Video gaming Commission (ehh, exactly what?).

from Safest Online Poker Real Money https://www.uspoker.com/blog/nj-online-poker-bust-boom/24862/
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