Borgata President Dismisses Early Online Gambling Results in New Jersey (Video)

Atlantic City casinos reported online revenue of $8.4 million this week for the first two months of legalized Web gambling in the Garden State. 

With New Jersey forecasting revenue of $1.2 billion, many pundits found the early numbers disappointing.

Tom Ballance, Borgata president & COO, broke down the online gambling numbers and explained what obstacles online gaming has faced so far.

His company has fared the best of the half dozen companies offering real money online gambling.  In fact, Borgata and its PartyPoker partnership have captured half the Internet gambling market so far.

- Nagesh Rath, Gambling911.com