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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: Atlantic-City-Casino.com)

While the profits from New Jersey’s emerging gambling that is online have already been little, most observers have remained upbeat about the long-term prospects for Internet gambling in hawaii. 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. Web gambling profits were down somewhat for nj in April, falling to a total of $11.4 million for the month. That’s in regards to a half-million less than in March, whenever web sites earned $11.9 million.

Part of the reason because of this is April had one less day than March. But that does not inform the whole story: the average take daily was also down really somewhat, falling from $383,173 in March to $380,958 in April.

This comes after strong gains in recent months. Both January and March saw double-digit monthly gains over previous months, while even February the month that is shortest of the season saw a nine percent increase over January.

Good Weather, Payment Issues Cited

Officials cited reasons that are possible the decrease, while staying upbeat about the future of on line gambling in the state.

‘Maybe when the weather was nice, the laptops got closed an Читати далі…

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Illegal <a href="http://blog.instudio.com.ua/2020/02/26/illegal-online-gambling-operators-could-face-life-29/#more-14004" class="more-link">Читати далі…</a>