New Jersey i-gaming revenues up again
A statement from the New Jersey DGE said revenue at the state’s land-based casinos dropped by 6.2 per cent to us$ 199.1million year on year, with total gambling revenues down 1.5 per cent. The DGE reported there to be around 250,000 internet gambling accounts in the state at the end of February.
Growth and projected revenues for online gaming revenues while encouraging are still well below governor Chris Christie’s lofty initial prediction of more than us$ 1billion a year.
The Tropicana made the most gains in the month, with an increase of nearly 26 percent compared to a year earlier, while Resorts was up 16.9 percent. Trump Taj Mahal fell by 42.8 percent and Trump Plaza declined by 26.6 percent. According to the figures, Borgata and Caesars Interactive - which operates four Atlantic City casinos - continued to dominate the state's online gaming industry, taking 72 percent of the February market share, while Tropicana rose to 13.1 percent.
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