brick and mortar casinos. Is there a reason to be alarmed or concern? Two consecutive month of a declining win do not a failure make.
The Tropicana won nearly $1.9 million online, down from $2.1 million in April; Trump Plaza fell from $926,278 in April to $677,453 in May; the Trump Taj Mahal went from $609,450 in April to $497,728 in May, and the Golden Nugget increased slightly, from $575,914 in April to $610,949 in May.
The positive number from the Division of Gaming Enforcement was the increase of registrants in Online Gaming in New Jersey to over 350,000. That number grew by 9% in one month.
I would look at the amount wagered over the entire 6 month of operation and see if that is growing. I would also look at areas that were outside of the 20 mile radius of Atlantic City. If I could drive for my gaming entertainment at minimal cost, I would do it. It's when I factor in the gas, tolls and convenience that makes playing online more appealing.
My 3 years of exposure to online gaming from the top executives and casino operators gives me the insight that the current numbers will reverse.
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