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New Jersey Online Casino Revenues Grow 15.2 Percent

Tuesday April 15,2014 : ENCOURAGING GROWTH IN NEW JERSEY ONLINE GAMBLING SECTOR
 
Land casinos continue to languish, but online operations revenues grow 15.2 percent.
 
March statistics from the New Jersey Division of Gaming Enforcement show that whilst land casino revenues continue to decline in Atlantic City, the nascent online sector grew 15.2 percent to its highest revenue levels yet.
 
The gambling enclave's casino operators reported online and mobile gaming win of $11.9 million in March, a 15.2 percent increase compared to the $10.3 million in February, and a continuation of a trend that has seen revenues headed upwards since the games launched in November last year.
 
$3.2 million of the revenues came from online poker, which remained largely flat in performance; online casino came in at $8.6 million - up on February 2014's $7.2 million.
 
The Borgata continued to be the online gambling leader in New Jersey, generating around a third of all business at $4.39 million, with Caesars chasing on $3.7 million.
 
Eilers Research posted an assessment noting that the New Jersey market is on track to reach revenues of around $142.5 million this year, considerably lower than political estimates published last year, but growing.
 
The New Jersey regulator reports that by the end of March, the number of online gambling players who have registered with New Jersey operators had reached 292,000, another indicator of continuing growth.
 
The land casino sector's numbers for March showed an overall 2.2 percent decline compared with the same period last year, reaching $233.4 million (2013 March: $238.5 million). The overall numbers include online gambling, indicating that the decline could have been marginally worse but for the internet contribution.
 
The Associated Press news agency reports that Atlantic City's 11 brick-and-mortar casinos [without the internet component added] won $221 million in March - down 7 percent from March 2013.
 
Last [February] month the Atlantic City year-on-year decline was a modest 1.4 percent .



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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