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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 profits fall for the time that is first April. (Image: Atlantic-City-Casino.com)

While the profits from New Jersey’s emerging gambling that is online have been little, most observers have remained positive about the long-term prospects for Web 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 revenues were down slightly for nj in April, dropping to a total of $11.4 million for the month. That’s in regards to a half-million less than in March, if the internet sites brought in $11.9 million.

An element of the reason with this is that April had one less day than March. But that does not tell the story that is whole the average take per day was additionally down really slightly, dropping 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 past months, while even February the shortest month 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 the web gambling in the state.

‘Maybe whenever the climate was good, the Continue reading New Jersey Online Gambling Income Drops for First Time