New Jersey’s i-gaming revenue has increased by 28 per cent since its introduction in December, according to the state Division of Gaming Enforcement.
The fledgling i-gaming industry generated $9.46m in January, representing a sizeable increase on the $7.4m achieved in December 2013.
However, gambling in Atlantic City casinos fell by 9.2 per cent to $186.3m, suggesting the rise of i-gaming has slowed but not stopped the drop in betting for the state’s casinos.
Total casino revenue also suffered a 4.6 per cent drop on the $205.2m it achieved in January 2013. “It’s still early days in the development of the New Jersey market,” Craig Abrahams, chief financial officer of Caesars Entertainment’s interactive business, told Bloomberg. “[However] we’re encouraged by our results.”
New Jersey became the third US state to welcome i-gaming in 2013, following Nevada and Delaware.
