0
$ £

New Jersey Sets Online Gaming Record in January

The state of New Jersey has announced that they have set a monthly record for online gaming revenues, notching $14.6 million to start the year.

The Garden State's online casinos brought in $14.6 million in January, which is up 26.5% from the $11.6 million brought in during the same month last year. The number is the largest ever for the state, beating out the record $14 million taken in December of last year.

Although the online industry is beginning to thrive, the brick and mortar casinos in Atlantic City struggled, with January revenues of $190.1 million, which is down 3.8%. Table game revenues were down 13.1% to $52.8 million, while slot revenues were $122.9 million or down 2.1% from the same period last year.

New Jersey is currently pursuing the legalization of sportsbetting within its borders and is also debating the merits of allowing casino properties to operate outside of the limits of Atlantic City, with the hopes of improving revenues brought in from the activity.

1 reply • Last post

Comments

bgsharpe
Forum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 3517
Thanks given: 1132
Thanks received: 366
15 February 2016 - 9:23pm
#1

Not a surprising numbers really, land based casinos not only in New Jersey but across the world I think, struggling in the last years and maybe this tendencies will continue, it's just the way it is in this modern world.

Share this