CREDIT RATING COMPANY CUTS EXPECTATIONS FOR INTERNET GAMING

The outlook for internet gaming in the state is continuing to drop. Fitch Ratings has cut expectations down to $120 to $130 million for the year, compared to $200 to $300 million it initially expected. Gov. Chris Christie was expecting and even bigger windfall. Fitch also notes that some of the casinos that closed in Atlantic City were giving it time to see how internet gaming would shape up and closed when it was seen that it wouldn’t create much of a financial impact.