New Jersey Gambling Sites Win $9.5 Million In JuneState Sees Lowest Total Since January |
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Online gambling in the Garden State dropped to its lowest mark since January.
Internet gaming win was $9.5 million in June, consisting of $2 million in online poker win and $7.5 million in the other authorized games.
The revenue figures could have been affected by the World Series of Poker in Nevada, which draws thousands of poker players from across the country. The annual WSOP ran from late May to mid-July.
As of June 30, 2014, 378,564 Internet gaming accounts have been created in the state of New Jersey, up 7.8 percent from the 351,136 accounts as of May 31, 2014.
Total gaming win from the casino hotels and Internet gaming operations was $236 million in June 2014 compared to the $240.2 million in casino win for June 2013. Online Gambling didn’t kick off in the Garden State until late 2013.
Atlantic City online gambling operators collected $10.5 million from online gamblers during May, down from $11.4 million in April. March saw $11.9 million. Of the $10.5 million, around $2.3 million came from web poker, down from $2.6 million in April.
Also, $9.5 million was won online in January and $10.3 million for February.
Atlantic City casino revenues have been slumping since 2006, when casino win was more than $5 billion a year. Now, it’s less than $3 billion. The number of casinos in Atlantic City could be slashed further in the coming months as revenues continue to trend downward.