Online gambling grows in New Jersey

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The online gambling sector reported double digit gains in April, but the results weren’t as good as the ones reached in March.

US.- The New Jersey Division of Gaming Enforcement reported on Friday that the state’s online gambling sector achieved US$20.8 million in revenue during April. The number represents a 22.6 percent increase from the same month in 2016.

Even if the numbers are exponentially higher than the ones reported last year, they’re still not as good as the figures revealed in March, when the state’s operators earned more than US$21 million, up from the US$18 million reported in January, the best-ever month for the state: online casino revenue collected US$19.5 million, which is a 40 percent increase in total online gaming revenue from the same period a year before, another historic record. This month’s results were influenced by online casino operations, which reported a 31 percent increase year-on-year to US$18.8 million, almost US$1 million down from last month’s numbers.

Moreover, online poker fell 24 percent year-on-year to US$2 million, the same amount that was down from the previous month. Golden Nugget remains as the top scorer with US$5.4 million, up from the US$3.3 million reported in April 2016. New Jersey’s online gambling market has been growing increasingly over the years, with month-over-month and year-over-year double digit increases. According to Poker News, the east coast state has totaled US$536 million in revenue ever since it decided to legalise the online casino games and poker industry in 2013.