ATLANTIC CITY, N.J. (AP) — Internet gambling is off to a slow start in New Jersey, but nearly everyone involved or interested in it expects online betting to gain steam in 2014.
The key question remains: Just how much better will things get?
Figures released last week by the state Division of Gaming Enforcement showed New Jersey’s 15 authorized Internet gambling sites took in $8.4 million between the Nov. 21 launch and the end of the year.
At that rate, Internet gambling would bring in less than $100 million for the year — far less than the $200 million to $300 million many analysts forecast and about 10 percent of the $1 billion in revenue Gov. Chris Christie said he was counting on when he signed the bill legalizing it.
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