While the industry has been quick to point out that April is traditional a slow month when it comes to online poker, the figures for many of the top New Jersey poker sites will be startling and alarming. No one likes to see player numbers falling or money coming in dropping, regardless of the justification for it. Even though a great number of the players that would normally play online in New Jersey were battling it out at the WPT events in the Borgata, there was still a worrying trend for the poker sites, even if the online casinos seemed to get through April in good fashion.
The Borgata remains a big deal in the New Jersey gaming market and with 53% of the market share; you can see that they expect to be doing better than most of their operators. They managed to bring in more than $1.3m in poker and $1.1m in casino revenues, resulting in total revenue for the month of $4.1m. This is still a good return for a single month but given that this was a fall from a level of $4.3m in March, it is clearly a cause for concern. Then again, April is a shorter month and there was a lot going on so it won’t be as if Borgata are worrying too much about the online poker for real money demand falling away any time soon.
