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New Jersey Online Gambling Revenue Drops for First Time

New Jersey Online Gambling Revenue Drops for First Time

New Jersey’s Atlantic City casinos saw online gambling profits fall for the first-time in April. (Image:

While the revenues from New Jersey’s emerging online gambling market happen little, most observers have remained positive about the long-term prospects for Web gambling in their state. Each month, suggesting that steady growth could be expected for some time after all, since the launch of the sites in November of last year, online casino and poker games have brought in more and more money.

But that streak is now at a finish. Internet gambling profits were down somewhat for nj in falling to a total of $11.4 million for the month april. That’s about a half-million less than in March, if the web sites earned $11.9 million.

Part of the reason for this is April had one less day than March. But that does not tell the whole story: the average take per day was also down extremely slightly, dropping from $383,173 in March to $380,958 in April.

This uses strong gains in recent months. Both January and March saw double-digit monthly gains over previous months, while even February the shortest month of the year saw a nine percent enhance over January.

Good Weather, Payment Issues Cited

Officials cited reasons that are possible the decrease, while remaining upbeat about the long term of online gambling in the state.

‘Maybe whenever the weather was good, the laptops got closed and folks decided to fall t Devamını oku


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