New Jersey Online Casinos Hit New High
New Jersey online casinos and poker rooms have delivered some great news from the Garden State as March 2015 turned out to be a record breaking month. A solid $13.16 million was generated by all casinos and poker rooms combined making it the highest month on record to date.
Numbers released by the New Jersey Division of Gaming Enforcement also state that 3.25 million of that revenue has gone to the state, meaning that so far to date online gambling in New Jersey has contributed a total $25 million in taxes, and while that's nowhere near the initial estimates, at least things are heading in the right direction. It was New Jersey online casinos that provided the bulk of the March 2015 revenue with $10.9 million being generated, and $2.22 million coming from poker. The Borgata led the way with a combined casino and poker total of just over $4 million in revenue, the best they've done since April 2014, and they remain the only NJ operator to have reached such a level, however it was the Tropicana online casino that saw off all comers as far as casino play was concerned, becoming the first casino operator in the state to deliver $3 million in one month.
There could be more growth coming soon, as the problems players face when depositing with Visa and MasterCard could be coming to an end. It's no secret that online casino players in New Jersey have had serious issues when attempting to fund their casino account online with a major credit card, and these problems have all been down to banks sending a declined message. Many banks will refuse to process a credit card transaction due to laws in place, however with new processing codes on the horizon this issue may soon be resolved.
The 3 new Merchant Category codes would mean that banks would get a different message when credit card users were attempting to deposit into a regulated New Jersey online casino, and all being well, that transaction would then be given the green light. It's expected that the codes could be coming into use as early as April, meaning that that could also be a bumper month for New Jersey online gambling.