That's much less than the amount deemed necessary to reach the state's ambitious forecast of $1.2 billion by the end of the fiscal year, or even its more conservative forecast of $300 million.
21, 2013, when it began, through the end of December, according to the report. Internet gambling revenue totaled $8.4 million in New Jersey from Nov. Atlantic City casinos reported a loss for the seventh straight year, with revenue falling below $3 billion in 2013 for the first time in 22 years, according to a report last week from New Jersey's Division of Gaming Enforcement. The early results from New Jersey's entrance into online gaming are, not surprisingly, inconclusive, showing a struggling industry overall and a boost from online revenue that is modest. 'I see it as a shift in the way that people gamble, comparable to the change from table games to slot machines, which happened in the 1970s and 1980s.' 'I believe that online gaming will evolve to become a major part of the American gaming industry,' said David Schwartz, director of the Center for Gaming Research at the University of Nevada Las Vegas. Gaming industry leaders are eager to come up with innovative ways to generate new revenue. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
