Atlantic City Internet Gambling Up 28% To $9.5m In January

Atlantic City Internet Gambling Up 28% To $9.5m In January Atlantic City’s state Division of Gaming Enforcement has released its online gambling figures for January, revealing a 28% increase in revenues to $9.5 million, compared to the $7.4 million taken in December.
Originally, Gov. Chris Christie predicted online gambling revenues would surpass $1 billion for the whole of the fiscal year, with around $180 million, equal to 15% of internet gross revenue tax, then flowing into state coffers. Although the latest results are significantly lower than initial estimates, they do, at least, show that increased marketing campaigns by the sites are beginning to attract new gamblers. Highlighting this point, a gambling research survey carried out last month of 505 New Jersey online gamblers revealed 35% of them were new to internet gambling, while 37% had switched from playing on illegal sites.
In January, the Borgata Hotel Casino & Spa, and its online partner  Partypoker, was the state’s leading site with $3.9 million in revenues, or 40% of the market share, followed by Caesars Interactive with just over $3 million in revenues. Lagging way behind was Trump Taj Mahal’s Ultimate Casino brand with $858,351, the Tropicana Casino and Resort with $841,065, Trump Plaza Hotel’s Betfair brand with $557,007, and the Golden Nugget Atlantic City with $286,922 in revenues last month.
Commenting on previous concerns in the Atlantic City casino industry that online gambling would cannibalize existing gambling businesses, Boyd Gaming president Keith Smith, which jointly owns the Borgata Hotel Casino, said online gambling had actually added to existing business, explaining:
“These results also once again demonstrate online gaming’s potential to expand our business. About 85 percent of our online players have not had rated play at Borgata in at least two years, showing there is little overlap with our land-based business. Online gaming is growing our database, creating a long-term opportunity to market Borgata to an entirely new group of customers.”
In addition, Atlantic City’s land-based casino generated $186 million in revenue for January, 9% lower than the $205 million taken in the same month last year. When combined with the state’s online gambling earnings, New Jersey’s gambling industry was down by 5% overall compared to January 2013.

Other news:   BetOnline Poker offering Customer Appreciation Freerolls

Poker News
west virginia online poker
14 Mar 2019
Online gambling could soon be legal in West Virginia as long as the state’s Governor doesn’t decide to throw a last-minute wrench into the process. House Bill 2934, which would legalize all forms on online gambling in the state, including online poker and casino gaming, passed a vote in the Senate earlier this week. The
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Japan Introduces Responsible Gambling Bill
28 May 2018
Japan’s bicameral legislature, known as The National Diet, consists of an upper House of Councillors and a lower House of Representatives, with the latter having started discussing the Integrated Resorts Implementation Bill last week. Being debated is the regulatory framework required in order to set up an efficient and well functioning casino market in the