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ISSUE 118 - Feb 2014
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Growth above 10 percent
Growth from 0 to 10 percent

Telsey unmoved by New Jersey’s online launch

Posted: 1/15/2014 11:59:38 AM
Rating:     0% ( votes)

Revenue in the first full month of online gaming in New Jersey was “underwhelming”, says Telsey Advisory Group LLC.

The New Jersey Division of Gaming Enforcement says the online gaming win last month was US$7.4 million (MOP59.2 million).

Telsey says a projected annual run rate of less than US$90 million is “a far cry from even the more conservative market size estimates of around US$500 million”.

Delaware, Nevada and New Jersey legalised online betting last year.

New Jersey is considered the first true test case of online gaming in the United States because it allows the full range of casino games and has a big population.

Other Macau Latest News

More flights from northern mainland on the way

Macau airport operator also says more no-frills air services in prospect

UnionPay business in Macau, Hong Kong growing fast

Q1 transactions using UnionPay cards issued in the two regions jump 49 pct

Future Bright bags Hengqin land for food plaza

Company is spending HK$260 mln on the plot and HK$1 bln on developing it

Grand Lisboa pays HK$7.16 mln progressive jackpot

South Korean player wins with a royal flush at Caribbean Stud Poker table

Tourist satisfaction with Macau decreases in Q1

Visitors give city’s casinos, tour operators and guided tours lower scores

Gaming workers protest outside the Venetian

Disapprove of junior Sands China employees leapfrogging senior employees

Eight casinos make three-quarters of H1 revenue

The Galaxy Macau rakes in most gaming revenue, followed by the Wynn Macau

Water utility sees no sign of increase in its fee

Macao Water Supply suspects govt will deny the company the amount it wants

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