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New Jersey Online Gambling Income Drops for First Time

New Jersey Online Gambling Income Drops for First Time

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

While the revenues from New Jersey’s emerging online gambling market have now been small, most observers have actually remained upbeat about the long-term leads for Internet gambling in their state. After all, since the launch associated with internet sites in November of last year, online casino and poker games have brought in more and more cash each thirty days, suggesting that constant growth could possibly be expected for quite a while.

But that streak is now at a finish. Web gambling profits were down somewhat for nj-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, as soon as the web sites introduced $11.9 million.

The main reason with this is the fact that had one less day than March april. But that does not inform the story that is whole the average take daily was additionally down very slightly, 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 past months, while even February the shortest month of the year 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 long run of on line gambling in the stat Pokračovat ve čtení „New Jersey Online Gambling Income Drops for First Time“