Nj iGaming is struggling, despite initially dazzling projections from the state’s Governor Chris Christie.
Is New Jersey iGaming in trouble? That’s the stressing concern many individuals are now asking following the round that is latest 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 suffered a year-on-year profit drop.
Comparing 2014’s October take to 2015’s figures, the resort town’s network of live casinos made $197.7 million in the former, compared to $191.6 million in the latter.
This disparity represented a 3.1 % decrease and a potential sign that the town isn’t experiencing the regeneration many had envisioned.
Poker’s Poor Performance
Incorporating to this disappointment ended up being the revelation that online poker additionally hit a stumbling block in October.
Looking particularly at those numbers, October 2015 had been a thirty days that returned 8 percent additional money than hawaii’s operators created in September 2015 ($1,913,403 vs. $1,771,123).
Nevertheless, while this news was a positive, it had been 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 2014, New Jersey’s collective of online poker sites banked $1,967,905 october. In contrast, 2015’s Leggi tutto “New Jersey iGaming: Do Falling Profits Give Cause for Pause for Online’s Future in the Garden State?”