New Jersey’s Atlantic City casinos saw online gambling revenues fall for the very first time in April. (Image: Atlantic-City-Casino.com)
While the profits from New Jersey’s emerging online gambling market were small, most observers have actually remained upbeat about the long-lasting prospects for online 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 slightly for New Jersey in falling to a total of $11.4 million for the month april. That’s in regards to a half-million less than in March, whenever web sites earned $11.9 million.
An element of the reason because of this is April had one less day than March. But that doesn’t inform the story that is whole the average take daily was additionally down extremely somewhat, dropping 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 shortest month of the season saw a nine percent enhance over January.
Good Weather, Payment Issues Cited
Officials cited possible reasons for the decrease, while remaining upbeat about the future of on the web gambling in the state.
‘Maybe when the weather was Continue reading “New Jersey Online Gambling Income Drops for First Time”