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May Numbers For New Jersey Online Gambling DOwn Again

May figures are not encouraging.
Figures released Thursday by the New Jersey Division of Gaming Enforcement make disappointing reading, showing that online gambling operations took in $10.4 million in May, a decline of $1 million from April.
The decline of the newly-regulated online market has now persisted for two consecutive months in the Garden State.
State regulators balanced the bad news with the good - Atlantic City's casinos overall recorded a welcome month-on-month increase in revenues for May of almost 1.3 percent.
Matt Levinson, chairman of the New Jersey Casino Control Commission, noted that without the Atlantic Club, which closed in January this year, and including Internet gambling revenues, total gambling revenue increased by 1.3 percent, and would have been higher without an unlucky month at table games.
The 11 AC land casinos took in $232.3 million, a decline of 8.2 percent compared to May 2013, when the Atlantic Club was still open.
Since the regulated internet gambling market launch in November last year, New Jersey online casinos have won about $61.9 million -  well below revenues predicted in the run-up to legalisation.
The Associated Press news agency reports that New Jersey online leader the Borgata recorded its first online revenue decline in May, falling slightly to just over $4 million, although it still holds over 38 percent of the online market.
Its closest competitor, Caesars Interactive, took in nearly $2.8 million online in May, down from just over $3 million a month earlier.
The Tropicana won nearly $1.9 million online, down from $2.1 million in April; Trump Plaza fell from $926,278 in April to $677,453 in May; the Trump Taj Mahal went from $609,450 in April to $497,728 in May.
The Golden Nugget bucked the downward trend, reporting slightly increased online revenues up from $575,914 in April to $610,949 in May.
The regulator reports that although revenues declined, the number of online gamblers registering to play in New Jersey rose 9 percent, with the total signups since November 2013 now at 351,136.

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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

Red Riding Hood Online Slot Launched - The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.

Super Heroes Slot Launches - When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.

SIS Stream To Deliver racing games to online customers - Online and retail betting industry provider SIS has signed a multi-year deal that harnesses the power of its SIS Stream product to deliver 49s-branded racing games to online customers.

Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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