It's hard to know how well Pala's online gaming business is doing. But we can infer some things from the news.
From this article:
uspoker.com - Will A Hard Rock-Branded Online Casino In New Jersey Flourish Or Flounder?
Excerpt:
Latecomers have gained significant market share
The NJ online poker and casino industries consisted of far fewer sites in November 2013, the month when the first wave of regulated sites went live. And all of them have performed admirably.
Pala Casino launched in November 2014. Despite being a relatively unknown quantity in New Jersey, the San Diego-based brand now accounts for a significant portion of Borgata AC online casino revenue.
How much? According to the latest US iGaming Tracker report from Eilers & Krejcik Gaming, the casino has captured 15 percent of Borgata’s online market share, which translates into roughly $5.6 million in revenue generated per year.
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You can read the entire article at the link above.
So, after an alleged $100 million investment by the Pala Band of Mission Indians about 4 years ago Pala Interactive seems to be generating about $5.6 million a year in revenue, at least in New Jersey.
Showing posts with label Pala Poker. Show all posts
Showing posts with label Pala Poker. Show all posts
Monday, March 6, 2017
Saturday, August 15, 2015
Pala Poker In The News
Pala Poker Waiting On PokerStars Before Entering US Market
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Pala Poker is holding off on paying the ante in New Jersey, and while the company launched its casino product in November of last year, it believes following PokerStars’ anticipated entry in the third-quarter of 2015 is a more opportune time to debut.
“We will offer Pala Poker in the New Jersey market, but we’ll do it after PokerStars launches,” Jim Ryan, Pala Interactive CEO told CalvinAyre.com recently. “PokerStars has taken the position that when they come into the market they’ll increase consumer awareness and the market will grow; we can only hope that that’s accurate.”
Read Full Article Here-->Pala Poker Waiting On PokerStars Before Entering US Market
#
Pala Poker is holding off on paying the ante in New Jersey, and while the company launched its casino product in November of last year, it believes following PokerStars’ anticipated entry in the third-quarter of 2015 is a more opportune time to debut.
“We will offer Pala Poker in the New Jersey market, but we’ll do it after PokerStars launches,” Jim Ryan, Pala Interactive CEO told CalvinAyre.com recently. “PokerStars has taken the position that when they come into the market they’ll increase consumer awareness and the market will grow; we can only hope that that’s accurate.”
Read Full Article Here-->Pala Poker Waiting On PokerStars Before Entering US Market
Monday, April 14, 2014
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