In a surprising turn of events, 888poker has announced that they will be exiting the New Jersey online gambling market in June. This decision comes as a shock to many, as 888poker has been a prominent player in the state’s online gambling industry for several years.
The decision to pull out of the market was reportedly made due to a number of factors, including a decline in revenue and a shifting regulatory landscape. In a statement released by 888poker, the company cited the increasing competition in the New Jersey market as a key reason for their decision to exit.
“We have thoroughly enjoyed our time in the New Jersey online gambling market, but unfortunately, the current landscape has made it increasingly difficult for us to compete effectively,” said a spokesperson for 888poker. “We have made the difficult decision to exit the market in June, and we will be working closely with our players to ensure a smooth transition.”
The news of 888poker’s exit from the New Jersey market has been met with mixed reactions from industry insiders and players alike. Many are sad to see such a well-known brand leave the state, while others see it as an opportunity for other operators to step in and fill the void.
Despite the exit of 888poker, the New Jersey online gambling market is still thriving, with a number of other operators continuing to offer a wide range of games and services to players in the state. As the industry continues to evolve, it will be interesting to see how the landscape changes in the wake of 888poker’s departure.
Overall, while the news of 888poker’s exit from the New Jersey online gambling market may come as a surprise to some, it is clear that the company is making a strategic decision to focus their efforts elsewhere. It remains to be seen what the future holds for 888poker and the New Jersey online gambling market as a whole.
