Delaware online poker revenues slipped drastically during the month of June—falling an unprecedented 55.4% to $25,607, according to the latest figures released by the Delaware Lottery.
South Carolina voters strongly oppose the legalization of online gambling. The Palmetto Politics Poll, commissioned by WACH Fox, shows that 68% of likely South Carolina voters oppose of legalizing online gambling, while only 17% support the legalization, and 15% are undecided.
Three states jumped into online gaming last year with high hopes. But so far their take is very low. The inherent problems in this addictive form of gambling should give pause to other states and to Congress if they are tempted to follow suit.
Online gambling was supposed to provide a financial boost to New Jersey’s ailing casinos, but revenue has fallen for the third month in a row and Fitch Ratings, a Wall Street credit rating firm, has cut its projection for Internet gambling this year by almost half.
State Sen. Raymond Lesniak (D-Union) says he’s not shocked by Fitch Ratings’ announcement Tuesday that is has lowered its year-end projection for the state’s online gaming revenues to the $120 million to $130 million range.
In a letter to U.S. Attorney General Eric Holder this week, three senators are asking the agency to support their bill that would reinstate a federal ban on online gambling.