From the archive · Jul 16, 2014

Rating firm cuts NJ online gambling winnings estimate- Third time’s the charm?

Originally published on Jul 16, 2014. This historical material reflects its original period. Roles, legal references and external links may no longer be current.

It has taken Fitch Ratings three attempts to confirm what I have been saying for more than 6 months now. I predicted that the total revenue from Internet gambling in NJ will not exceed 150 Million dollars for the full year. Fitch now pegs full year revenue at between 120M-130M.

Rating firm cuts NJ online gambling winnings estimate.