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New Jersey iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

New Jersey iGaming: Do Falling Profits Give Cause for Pause for Online’s Future within the Garden State?

Nj-new jersey iGaming is struggling, despite initially projections that are dazzling hawaii’s Governor Chris Christie.

Is New Jersey iGaming in some trouble? That’s the worrying question many individuals are now asking following the round that is latest of financial reports.

The first piece of news to rock the video gaming industry in the Garden State was that Atlantic City’s brick-and-mortar venues had suffered a year-on-year profit drop.

Comparing 2014’s 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 october.

This disparity represented a 3.1 % decrease and a prospective indication that the town isn’t that great regeneration many had hoped for.

Poker’s Poor Performance

Incorporating to this disappointment was the revelation that online poker additionally hit a block that is stumbling October.

Looking particularly at those numbers, 2015 was a month that returned 8 percent more money than the state’s operators generated in September 2015 ($1,913,403 vs. $1,771,123) october.

Nevertheless, while this news was a confident, it had been tinged with another wave of disappointment after it became clear that the latest thirty days 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 comparison, October

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