Nj online gaming had its best year up to now in 2016, and also the future, at least based on one brand new study, is going to be even brighter.
Pennsylvania is anticipated to consider passing an igaming law this year, and that would be further good news for brand New Jersey online gaming, as it could help reverse internet poker’s downward spiral.
Web gaming businesses are increasingly being told to expect a revenues increase of 17 percent in 2017. International gaming industry research group Eilers & Krejcik says online gambling in the Garden State will reach new highs in the year ahead, regardless of the firm’s forecast that electronic poker will decrease by six per cent.
Most 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 web and casino that is live become driving extra play and visitation at land-based properties,’ the Eilers & Krejcik research stated.
Very good News or Bad News?
While the headline reads nicely for internet casino operators plus the state’s tax coffers, 17 %, while strong growth, would actually be a slowdown in regards to yearly percentage gain.
The New Jersey Division of Gaming Enforcement (DGE) reported internet that is total in 2016 came in at $196.7 million. That is almost $48 million significantly more than the five land [Read more…]