..

New Jersey Online Gambling Revenue Estimates Dip Further

Written by:
Associated Press
Published on:
Jul/15/2014
New Jersey Online Gambling Revenue Estimates Dip Further

(Associated Press) - A Wall Street firm that was among the most pessimistic about the prospects for Internet gambling in New Jersey has cut its already-conservative estimate on the state's first-year online winnings by more than half.

Tuesday's move by Fitch Ratings comes a day after New Jersey reported a third straight monthly decline in the amount of money won by the state's Internet betting operations, partnered with Atlantic City casinos.

The online casinos won $9.5 million in June, and have taken in $63 million for the year.

That prompted Fitch to cut its estimate of New Jersey's 2014 Internet winnings to $120 million to $130 million, down from the $200 million to $300 million it had forecast in December.

 

 

Gambling News

The Gambling911.com Crime Blog

The Gambling911.com Crime Blog

Welcome to the Gambling911.com Crime Blog, all the latest news and social media stories about gambling-related crime as well as organized crime.

Oddschecker Big Price Change Lag Time Now Under 10 Seconds

Oddschecker Big Price Change Lag Time Now Under 10 Seconds

Leading odds comparison site Oddschecker has gotten its big price change lag time down to under 10 seconds as the site continues working on a project that seeks to change how it processes bookmakers’ odds.

Daily Casino Gambling News - November 20, 2019

Gambling911.com has all your latest casino news, both online and brick and mortar, as it happens for Wednesday November 20, 2019.

AffiliateINSIDER and Allobet Join Forces to Unveil New Affiliate Program

AffiliateINSIDER and Allobet Join Forces to Unveil New Affiliate Program

Allobet.com a Curacao-licensed online sportsbook and casino brand unveils it’s affiliate programme powered by BetConstruct and managed in partnership with AffiliateINSIDER to support the brand’s global expansion.

Where Can I Bet Sports Near Columbus

Where Can I Bet Sports Near Columbus

While retail sportsbooks are not currently open in Ohio, Columbus residents, Students (18 years or older) and visitors alike can access mobile sportsbooks licensed outside the state, some of which only require a valid email to join

Syndicate