The Division of Gaming Enforcement has announced that New Jersey online gambling revenue gross win increased by 28% on a month-on-month basis during January 2014. New Jersey’s online gambling industry generated a total of £9.5 million (€6.9 million) during January, a significant increase on the $7.4 million achieved in December 2013. The Borgata Hotel Casino & Spa proved to be the most successful of Atlantic City’s casinos in the online gaming market, having generated a total of $3.9 million in January. In comparison, Golden Nugget Atlantic City was the least successful with just $286,922 in online gaming revenue. In addition,…

iGaming Business – Lawmakers in New Jersey have expressed doubts over whether the US state can reach tax revenue figures forecast after its full launch of online gambling. According to the PressofAtlanticCity.com website, Governor Chris Christie predicted that online gambling would result in $160 million (€117.1 million) of tax revenue by July 2014, just seven months after the full launch of internet gambling in New Jersey. At a tax rate of 15%, the state had originally forecast $180 million in taxes, but this was later reduced in the approved budget. However, New Jersey Senator Jim Whelan said: “From the get-go,…