May 30, 2015,
  CEO Profile
  Economy & finance
  Greater China
  MB Report
  News in brief
  Pearl River Delta
  Politics & diplomacy
  Sponsored Articles
ISSUE 118 - Feb 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

Macau enterprises invest RMB200 bln in Hengqin

Number of Macau, HK enterprises on island reportedly doubling every month

Kowloon Devt sets 2016 sales target of HK$5 bln

Assuming pre-sales of space in two developments in Areia Preta can resume

Test looms for theory that supply creates demand

Deutsche Bank says Cotai’s first new casino-resorts to show if it is right

Cost of homes rises 12.6 pct in April as more sold

But market cooler than a year earlier, when prices and sales were higher

Recession persists as Q1 GDP shrinks 24.5 pct

Exports of gaming services drop by 39.7 pct, tourism services by 17.7 pct

Sinosky Energy still has natural gas contract

Official denies newspaper report that govt has lost patience with supplier

Premium mass market the focus of newest casinos

Gets the lion's share of new tables in the extension of Galaxy Macau resort

Second phase of Galaxy Macau opens tomorrow

Casino-resort extension will have 150 new gaming tables, two new hotels

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

1. Govt gets 636 more opinions on height of new hotel
2. Aristocrat showcases the region's leading portfolio at G2E Asia
3. Govt gives casino operator nod for 150 new tables
4. IAGA Announces 2015 International Gaming Summit: from East to West, the Changing Global Gaming Landscape
5. There’s a Lot to Like at this year’s Australasian Gaming Expo
Nasdaq 5,070.03 N/A
S&P 500 2,107.39 N/A
DJ Stoxx 50 3,570.78 N/A
DAX 11,413.82 N/A
FTSE 100 6,984.43 N/A
Nikkei 225 20,563.15 N/A
Hang Seng 27,424.19 N/A
S&P/ASX 200 5,777.20 N/A
More >>
  Home The Magazine Subscribe Advertising Events MB Specials Contact Us  
Copyright © Macau Business 2010. All rights reserved.