New Jersey iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

New Jersey iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

Nj iGaming is struggling, despite initially dazzling projections from the state’s Governor Chris Christie.

Is brand New Jersey iGaming in some trouble? That’s the worrying concern numerous individuals are now asking following the round that is latest of financial reports.

The first piece of news to rock the video gaming industry in the Garden State had been that Atlantic City’s brick-and-mortar venues had suffered a year-on-year revenue drop.

Comparing 2014’s October take to 2015’s figures, the resort town’s community of live casinos made $197.7 million within the former, compared to $191.6 million in the latter.

This disparity represented a 3.1 percent decline and a sign that is potential the town isn’t experiencing the regeneration many had hoped for.

Poker’s Poor Performance

Incorporating to this disappointment ended up being the revelation that online poker also hit a stumbling block in October.

Looking particularly at those numbers, 2015 was a month that returned 8 percent more money than the state’s operators generated in September 2015 ($1,913,403 vs. $1,771,123) october.

Nevertheless, while this news was an optimistic, it was tinged with another wave of disappointment after it became clear that the month that is latest of operation represented a 2.8 percent year-on-year drop.

In October 2014, New Jersey’s collective of online poker sites banked $1,967,905. In comparis Continuez la lecture


Nj iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

Nj iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

Nj-new jersey iGaming is struggling, despite initially dazzling projections from hawaii’s Governor Chris Christie.

Is brand New Jersey iGaming in some trouble? That’s the worrying concern many individuals are now asking following the latest round of financial reports.

The very first piece of news to rock the gaming industry in the Garden State had been that Atlantic City’s brick-and-mortar venues had experienced a profit drop that is year-on-year.

Comparing 2014’s October take to 2015’s figures, the resort town’s community of live casinos made $197.7 million in the former, contrasted to $191.6 million in the latter.

This disparity represented a 3.1 per cent decrease and a sign that is potential the city isn’t that great regeneration many had envisioned.

Poker’s Poor Performance

Adding to this disappointment was the revelation that online poker also hit a stumbling block in October.

Looking specifically at those numbers, 2015 was a month that returned 8 percent more money than the state’s operators generated in September 2015 ($1,913,403 vs. $1,771,123) october.

However, while this news was a positive, it absolutely was tinged with another wave of disappointment after it became clear that the latest thirty days of operation represented a 2.8 percent year-on-year drop.

In 2014, New Jersey’s collective of online poker sites banked $1,967,905 october. In contrast, October 2015’s combined Continuez la lecture