Category Archives: Gambling News

Online gambling execs taking a second look at how they market in NJ | NJ.com

Finally we are getting to see the real numbers that the online gambling industry in NJ is generating. That is, we are now getting a peek inside the operations and are seeing the true operating costs of running this type of business and it does not look pretty. The operators are clearly losing money as […]

Online gambling revenue shows first decline in NJ | The Asbury Park Press NJ | app.com

As I have been predicting for months now, the NJ online revenue figures took a turn for the worse in April and declined 4.3% vs March to 11.5 Million dollars. Online poker revenue suffered the biggest loss with a 19.25% decline in the month of April vs March. I am still sticking with my prediction that gross […]

PokerStars Likely to be Prevented From Entering New York, California | Gambling911.com

In my opinion, PokerStars should really focus on the rest of the world instead of the US. They are starting to look like the little kid who won’t take no for an answer. Regardless of how much money they throw at lobbying, it is an extremely uphill battle they are fighting. No question that PokerStars […]

More external affirmation of my predictions: Morgan Stanley cuts value of NJ online gaming market

Morgan Stanley has just announced that they have lowered their first full year estimate of NJ online gambling revenue from 541 Million to 203 Million. They also stated that they believe the month over month growth will be in the 10% range as opposed to the 20% they predicted earlier in 2012. As I have […]

External proof the NJ poker numbers are declining

Pokerscout.com is a website and service that bills itself as the leading source of information about the online poker industry. Their online poker liquidity(traffic) rankings give a clear picture of the internet poker industry as a whole. By looking at the data that Pokerscout provides, one can clearly see the beginning of a downtrend in poker […]