{"id":429,"date":"2014-01-15T12:40:36","date_gmt":"2014-01-15T12:40:36","guid":{"rendered":"https:\/\/www.top10pokersites.net\/?p=429"},"modified":"2014-01-15T12:40:36","modified_gmt":"2014-01-15T12:40:36","slug":"new-jersey-online-gambling-revenue-falls-below-forecast-pace","status":"publish","type":"post","link":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace","title":{"rendered":"NJ Online Gambling Revenue Falls Below Forecast Pace"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg\" alt=\"New Jersey\" width=\"300\" class=\"alignleft size-full wp-image-337\" srcset=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg 380w, https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey-300x197.jpg 300w\" sizes=\"(max-width: 380px) 100vw, 380px\">After the state was permitted for Online Gambling, it has realized <strong>revenue of $8.4 Million<\/strong> for the past five weeks since its launch in November and <a href=\"http:\/\/www.nj.gov\/oag\/ge\/index.html\">the State Division of the Gaming Enforcement<\/a> says that the figures are below the anticipated forecasts. <\/p>\n<p>Analysts say that the pace has been way off the expected revenue for fiscal full year and other factors influencing the revenue growth are the banks that are not allowing customers to make use of credits cards for online gambling. <\/p>\n<p>Analysts have projected a <strong>revenue of $1,2 billion<\/strong> for the end of its fiscal year, and with revenue of $8.4 million that has been incurred during the 5 weeks will not be enough to meet the target. <\/p>\n<p>The New Jersey\u2019s top gambling regulator, <strong>David Rebuck<\/strong> said, <\/p>\n<blockquote><p>we are not near success at this point\u2019. \u2018We will only get a better picture in a few months to come<\/p><\/blockquote>\n<p> Mr. Rebuck pointed out that the biggest issue is the payment processing and if this is resolved, the revenue is likely to increase. <\/p>\n<p>However, the state officials are in talks with banks, federal agencies, payment processors and credit-card companies to allow more customers to use their credit cards for online gambling. <\/p>\n<p>The Vice President for Regulatory Compliance at the American Banking Association, <strong>Steve Kenneally<\/strong> says, <\/p>\n<blockquote><p>Most banks are still analysing the risk and rewards to allow the state to conduct limited transactions considering that <a href=\"https:\/\/www.top10pokersites.net\/legal-new-jersey-poker-sites\">New Jersey<\/a>, <strong>Nevada and Delaware<\/strong> are the only states allowed for <a href=\"https:\/\/www.top10pokersites.net\/top-10-us-poker-sites\">online gambling in U.S<\/a>. and going ahead may cause a lot of problems if anything goes wrong down the road. <\/p>\n<p>Therefore, the banks have to do the maths before they consider flipping the switch on or off<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November and the State Division of the Gaming Enforcement says that the figures are below the anticipated forecasts. Analysts say that the pace has been way off the expected revenue for&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NJ Online Gambling Revenue Falls Below Forecast Pace<\/title>\n<meta name=\"description\" content=\"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NJ Online Gambling Revenue Falls Below Forecast Pace\" \/>\n<meta property=\"og:description\" content=\"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace\" \/>\n<meta property=\"og:site_name\" content=\"Top 10 Poker Sites\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/people\/Top-10-Poker-Sites\/100083090271104\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-01-15T12:40:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Sterne\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/AdrianSterne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrian Sterne\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace\",\"name\":\"NJ Online Gambling Revenue Falls Below Forecast Pace\",\"isPartOf\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg\",\"datePublished\":\"2014-01-15T12:40:36+00:00\",\"dateModified\":\"2014-01-15T12:40:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2\"},\"description\":\"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November\",\"breadcrumb\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg\",\"contentUrl\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg\",\"width\":380,\"height\":250},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#website\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/\",\"name\":\"Top 10 Poker Sites\",\"description\":\"Top 10 Poker Sites\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.top10pokersites.net\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2\",\"name\":\"Adrian Sterne\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g\",\"caption\":\"Adrian Sterne\"},\"description\":\"Hi, I am the Chief Editor of top10pokersites.net, this site is dedicated to all thing poker. I have been working around the poker industry for the last 15 years, with different brands. The main purpose of this site is to keep you uptodate with the industry and offer you the best deals around.\",\"sameAs\":[\"https:\/\/top10pokersites.net\",\"https:\/\/www.facebook.com\/people\/Top-10-Poker-Sites\/100083090271104\/\",\"https:\/\/www.instagram.com\/top10pokersites\",\"https:\/\/www.linkedin.com\/in\/adrian-sterne-523929159\",\"https:\/\/x.com\/https:\/\/twitter.com\/AdrianSterne\"],\"url\":\"https:\/\/www.top10pokersites.net\/news\/author\/adrian-sterne\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NJ Online Gambling Revenue Falls Below Forecast Pace","description":"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace","og_locale":"en_US","og_type":"article","og_title":"NJ Online Gambling Revenue Falls Below Forecast Pace","og_description":"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November","og_url":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace","og_site_name":"Top 10 Poker Sites","article_author":"https:\/\/www.facebook.com\/people\/Top-10-Poker-Sites\/100083090271104\/","article_published_time":"2014-01-15T12:40:36+00:00","og_image":[{"url":"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg"}],"author":"Adrian Sterne","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/AdrianSterne","twitter_misc":{"Written by":"Adrian Sterne","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace","url":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace","name":"NJ Online Gambling Revenue Falls Below Forecast Pace","isPartOf":{"@id":"https:\/\/www.top10pokersites.net\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage"},"image":{"@id":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage"},"thumbnailUrl":"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg","datePublished":"2014-01-15T12:40:36+00:00","dateModified":"2014-01-15T12:40:36+00:00","author":{"@id":"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2"},"description":"After the state was permitted for Online Gambling, it has realized revenue of $8.4 Million for the past five weeks since its launch in November","breadcrumb":{"@id":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.top10pokersites.net\/news\/new-jersey-online-gambling-revenue-falls-below-forecast-pace#primaryimage","url":"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg","contentUrl":"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2013\/10\/new-jersey.jpg","width":380,"height":250},{"@type":"WebSite","@id":"https:\/\/www.top10pokersites.net\/news\/#website","url":"https:\/\/www.top10pokersites.net\/news\/","name":"Top 10 Poker Sites","description":"Top 10 Poker Sites","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.top10pokersites.net\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2","name":"Adrian Sterne","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g","caption":"Adrian Sterne"},"description":"Hi, I am the Chief Editor of top10pokersites.net, this site is dedicated to all thing poker. I have been working around the poker industry for the last 15 years, with different brands. The main purpose of this site is to keep you uptodate with the industry and offer you the best deals around.","sameAs":["https:\/\/top10pokersites.net","https:\/\/www.facebook.com\/people\/Top-10-Poker-Sites\/100083090271104\/","https:\/\/www.instagram.com\/top10pokersites","https:\/\/www.linkedin.com\/in\/adrian-sterne-523929159","https:\/\/x.com\/https:\/\/twitter.com\/AdrianSterne"],"url":"https:\/\/www.top10pokersites.net\/news\/author\/adrian-sterne"}]}},"_links":{"self":[{"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/posts\/429"}],"collection":[{"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/comments?post=429"}],"version-history":[{"count":0,"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/posts\/429\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/media?parent=429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/categories?post=429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.top10pokersites.net\/news\/wp-json\/wp\/v2\/tags?post=429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}