New Jersey's Casinos Are Sinking Faster Than Online Gambling Can Rise

An Atlantic City casino Photograph by Spencer Platt/Getty Images

Six weeks into the era of legalized online gambling in New Jersey, the state has released the first data (PDF) about how much people are gambling on the Internet. Casinos brought in $8.4 million from Nov. 21, the day of online gaming’s soft launch, through the end of the year. This added $1.2 million the state’s coffers. But even with the addition of online gambling, the state’s casinos brought in less money in December than they did in December 2012.

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