Now LiveEvents
PokerStars Championship Prague
888poker
New poker experience at 888poker

Join now to get $88 FREE (no deposit needed)

Join now
PokerStars
Double your first deposit up to $400

New players can use bonus code 'STARS400'

Join now
partypoker
partypoker Cashback

Get up to 40% back every week!

Join now
Unibet
€200 progressive bonus

+ a FREE Unibet Open Qualifier ticket

Join now

NJ Gov. Chris Christie Believes Online Gambling Will Produce $1 Billion by July

New Jersey Gov. Chris Christie

Despite the iGaming critics, New Jersey Gov. Chris Christie believes online gaming can produce $1 billion in casino revenue by July. Online gaming went live in the Garden State in late November and Borgata Hotel Casino & Spa, Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino, Tropicana Casino and Resort, Bally’s Atlantic City, Caesars Atlantic City, and Golden Nugget Atlantic City all have sites up and running.

According to NJ.com, analysts are estimating $300 million in revenue by this time next year; however, Christie remained optimistic at a Trenton statehouse press conference.

“Same as they were before,” Christie said of his expectations, which were outlined in a state budget that anticipated the industry would produce $1 billion in revenue by July. On Monday, Bloomberg reported that over 14,000 new online gambling accounts were created in New Jersey over the weekend, bringing the total to 51,352 since the soft launch on Nov. 21.

“That’s pretty good in a week,” Christie said of the numbers. “I’m not worried.”

The New Jersey Department of Gaming Enforcement is expected to release its first revenue report from online gaming in January.

*Photo courtesy of Mel Evans/Associated Press.

Get all the latest PokerNews updates on your social media outlets. Follow us on Twitter and find us on both Facebook and Google+!

More Stories

Other Stories

What do you think?