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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 profits from New Jersey’s emerging gambling that is online happen small, most observers have actually remained positive about the long-lasting prospects for online gambling in the state. After all, considering that the launch associated with the web sites in November of last year, online casino and poker games have brought in more and more money each thirty days, suggesting that steady growth might be expected for some time.

But that streak is now at an end. Web gambling revenues were down somewhat for New Jersey in April, falling to a total of $11.4 million for the month. That’s about a half-million less than in March, whenever web sites introduced $11.9 million.

Area of the reason because of this is that April had one less day than March. But it doesn’t inform the whole tale: the average take per day was also 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 quickest month of the season saw a nine percent enhance over January.

Good Weather, Payment Issues Cited

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

‘Maybe when the weather was Lees verder

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