Feb 14, 2016,
  CEO Profile
  Economy & finance
  Greater China
  MB Report
  News in brief
  Pearl River Delta
  Politics & diplomacy
  Sponsored Articles
ISSUE 141 - Jan  2014
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
Decline from 0 to -10 percent
Growth from 0 to 10 percent
Growth above 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

Melco Crown to use face recognition system

German supplier says it’s pioneering the use of such technology in casinos

Ex-minister tipped to be Australia’s man in Macau

David Johnston expected to be new consul-general in HK, Macau, the ABC says

Wynn Resorts Q4 Macau EBITDA drops to US$160.1 mln

Gaming company’s worldwide earnings fall as revenue slows to US$946.9 mln

BNU’s profit in Macau grows to MOP521 mln in 2015

Bank means to open two more branches in Macau and one on Hengqin, boss says

A-Ma Temple restoration predicted to take a year

How much it will cost to repair the fire damage has yet to be worked out

Fire severely damages main hall of A-Ma Temple

Damaged portion of tourist draw closed to the public, but rest remains open

Top court upholds govt repossession of land

Rejects challenges by former holders of a plot on Taipa and two other plots

Galaxy Entertainment to top-up employee bonuses

Gaming company giving what it calls a special gift to mollify grumpy staff

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

1. Wynn Macau in effort to buy from Macau SMEs
2. Economy to shrink 13.6 pct in 2016, academics say
3. December housing prices fall while sales rise
4. Govt formally repossesses Pearl Horizon site
5. Starwood’s Macau hotels boss sanguine amid slump
Nasdaq 4,337.51 N/A
S&P 500 1,864.78 N/A
DJ Stoxx 50 2,756.16 N/A
DAX 8,967.51 N/A
FTSE 100 5,707.60 N/A
Nikkei 225 14,952.61 N/A
Hang Seng 18,319.58 N/A
S&P/ASX 200 4,765.30 N/A
More >>
  Home The Magazine Subscribe Advertising Events MB Specials Contact Us  
Copyright © Macau Business 2010. All rights reserved.