Tag: New Jersey online gambling profit 2014
New Jersey iGaming to Generate $370 Million in 2014
November 28, 2013
With all eyes turned towards New Jersey iGaming as it becomes the first sizeable US state in terms of population figures to regulate real money online gaming products, H2 Gambling Capital has announced that the Garden State’s newly-regulated “igaming market has the potential to generate in the region of US$370m in gross win, which will equate to US$300-315m in net win”. In terms of product verticals, “casino products will generate approximately 63% of the gross win, with the remainder being derived from poker. This will mean that during the year igaming is expected to account for 11-12% of New Jersey’s…