For the eighth month in a row, New Jersey’s online gambling industry generated more than $20 million in revenue.Big numbers in October show that online gambling in New Jersey is as strong as its ever been.
33 billion on the table, GVC has given Ladbrokes Coral and its own shareholders something to think about after publishing its 2017 earnings report.In Q4 2017, GVC saw 24 percent growth across its betting platforms, and 22 percent growth for net gaming revenue overall.
Professor Barrow said in his report that the new gambling venues would likely not be able to generate as much revenue during their first year of operation as they had promised.According to the gambling expert, the casinos would cannibalize proceeds from each other and from the other gambling venues in the region, instead of producing new revenue.
We all got spoiled during the poker boom, but poker is hardly dead.The 2017 numbers are in, and they reveal poker revenue in Nevada remaining relatively flat — increasing by less than 1 percent, about $800,000, to $118.
The following infographic includes information about the state of Las Vegas and Macau’s casino industries between 2007-2017.Last year, both cities recorded gaming revenue increases but, as it can be seen, are still far from their all-time revenue peak.