Dissecting New Jersey's online gaming revenue haul

|By:, SA News Editor

Telsey Advisory Group says that if the first full month of online gambling revenue in New Jersey is extrapolated out for a full year the number comes in well-below estimates, $90M vs. $500M.

Despite the harsh read from the investment firm, there was some optimism from the sector on the impact of cannibalization from the roll-out of online gambling: Surveys indicated a high percentage of the online gamblers hadn't been to a casino in the last year.

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