New Jersey online market expands despite land-based losses

new jersey

New Jersey online market expands despite land-based losses16 December 2016

New Jersey recorded further online gambling revenue growth during November, despite greater losses in its land-based casino market.

Revenue from online gambling in the US state amounted to $17.2 million (€16.5 million) in the month, 29.9% more than the $13.2 million posted in November of last year and higher than the $16.2 million generated in October this year.

Casino win in the state came in at $180.1 million, down 5.8% on $191.1 million collected in the corresponding month last year, and also a drop on the $184.6 million posted in October.

As a result, total gaming win for the state in November came in at $197.3 million, which represents a year-on-year loss of 3.5%.

For the year-to-date, through to the end of November, total gaming win for New Jersey stands at $2.22 billion, which is 1% lower than the $2.24 billion posted at the same point last year.

New Jersey remains one of only three states in the US to have legalised online gambling, alongside Delaware and Nevada.

 

 


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December 21, 2016: posted in News And Reviews No Comments

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