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

Submitted by Nagesh Rath on

Written by :

Nagesh Rath

Published on :

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

Related Content

Hard Rock Bet jackpots

Hard Rock Bet Casino's Jackpot Tops $1 million in New Jersey

The site promotes $5,000 jackpots daily in the only other state it has an online casino, Michigan.
Online casino

Despite Sweepstakes Casino Ban in New Jersey, NJ.com Continues to Promote Them

NJ.com promotes both New Jersey regulated gambling sites as well as prohibited sweepstakes sites. The Garden State recently made these sites illegal.
Casinos in New Jersey: why choose Atlantic City

New Jersey: why choose Atlantic City Casinos

Atlantic City is a beautiful city located by the sea in New Jersey. The metropolis became famous for being one of the first in the world to allow gambling.

Bill Would Allow Developer to Re-Open Revel Without License

A New Jersey legislator is pushing for a change to the state's gambling laws that would enable the owner of the former Revel casino to reopen it without getting a casino license.