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New Jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Tuesday, March 10th, 2020

New Jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj on line gaming had its best year up to now in 2016, and the future, at least based on one brand new study, will probably be even brighter.

Pennsylvania is expected to consider passing an igaming law this year, and that would be further good news for New Jersey online gaming, as it could help reverse internet poker’s unpredictable manner.

Online gaming organizations are increasingly being told to expect a revenues increase of 17 percent in 2017. Global gaming industry research group Eilers & Krejcik says online gambling within the Garden State will reach new highs in the year ahead, inspite of the company’s forecast that digital poker will decrease by six percent.

Most readily useful yet for Atlantic City is their prediction that online play is leading to more bets placed at the rest of the seven casinos that are land-based.

‘Increased integration between the internet and real time casino seems to be driving additional play and visitation at land-based properties,’ the Eilers & Krejcik study stated.

Good News or Bad News?

While the headline reads nicely for internet casino operators and the state’s tax coffers, 17 %, while strong development, would really be considered a slowdown in terms of yearly percentage gain.

The nj-new Jersey Division of Gaming Enforcement (DGE) reported total internet gaming in 2016 came in at $196.7 million. That is nearly $48 million significantly more (more…)