While the revenues from New Jersey’s emerging online gambling market are tiny, most observers have actually remained positive about the long-term prospects for online gambling in their 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. Online gambling profits were down somewhat for nj in falling to a total of $11.4 million for the month april. That’s about a half-million less than in March, if the web sites brought in $11.9 million.

The main 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 also down extremely 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 previous 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 staying upbeat about the long run of on line gambling in the state.

‘Maybe whenever the weather was good, the laptops got closed anContinue Reading..