New Jersey online casino revenue shows slight decline

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For the first time since legalizing online gambling in New Jersey revenue has shown a decline. According to the numbers published this month, revenue for April from the online casinos operating in New Jersey fell by half a million dollars, compared to the month of March 2014. The official numbers published by the NJ Division of Gaming Enforcement showed that April’s online casino revenue fell to $11.4 million, compared to the $11.9 million in March. This marks the first decline of online gambling revenue in the state. Meanwhile overall gambling revenue at the offline casinos increases 3.2% in April.

Among the popular NJ online casinos, Borgata is still in the lead for the year with $16.4 million, Caesars comes in second with $13.1 million YTD, and the top three is rounded by Tropicana Casino with just $6.2 million in online gambling revenue for the first quarter of 2014.

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