Online Gambling In New Jersey Works Well For Borgata

Earnings have grown 45 percent year-on-year

During the recent Q2-2015 press conference Boyd Gaming CEO Kevin Smith revealed that his company's investment in the Borgata online gambling initiative in New Jersey has so far yielded impressive results, with four consecutive quarters showing gains and a 45 percent year-on-year increase in profit, albeit still at relatively small levels.
"EBITDA at the Borgata grew by about 45 percent year-over-year including 1.6 million in EBITDA from our online operation," said Smith.
During the most recent quarter the operator, in partnership with European online gambling group Bwin.Party Digital Entertainment, recorded profits of $1.1 million on gross gaming revenue of $11.7 million.
Prospects for the third quarter 2015, as summer edges into autumn and online action tends to pick up, are said to be positive.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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