ï»¿New Jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017
Nj on line gaming had its year that is best up to now in 2016, plus the future, at the very least in accordance with one brand new study, is going to be even brighter.
Pennsylvania is expected to think about passing a law that is igaming year, and that would be further good news for New Jersey online gaming, as it might help reverse internet poker’s downward spiral.
Web gaming companies are now 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, despite the company’s prediction that electronic poker will drop by six percent.
Most useful yet for Atlantic City is their prediction that online play is leading to more bets placed at the residual 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 study stated.
Good News or Bad News?
While the headline reads nicely for internet casino operators plus the state’s tax coffers, 17 percent, while strong growth, would be a slowdown actually in regards to annual percentage gain.
The New Jersey Division of Gaming Enforcement (DGE) reported total internet gaming in 2016 arrived in at $196.7 million. That is almost $48 million significantly more than the five lan […]