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New Jersey Online Gambling Income Drops for First Time



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

While the revenues from New Jersey’s emerging gambling that is online were little, most observers have actually remained upbeat about the long-term leads for Internet gambling in the 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 an end. Internet gambling profits were down somewhat for New Jersey in falling to a total of $11.4 million for the month april. That’s of a half-million less than in March, whenever web sites earned $11.9 million.

An element of the reason because of this is the fact that had one less day than March april. But that does not inform the whole tale: the average take daily was also down extremely slightly, falling from $383,173 in March to $380,958 in April.

This employs 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 season saw a nine percent increase over January.

Good Weather, Payment Issues Cited

Officials cited possible reasons for the decrease, while remaining upbeat about the future of online gambling in the state.

‘Maybe when the weather was nice, the laptops got closed Continue lendo