Online sports bets revive New Jersey´s gaming industry
Wednesday 11 de December 2019 / 03:00
⏱ 1 min read
(New Jersey).- The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses. Sporting betting, which was introduced in June of last year, generated $96 million in revenue in the first 10 months of 2019, according to regulators.
Excluding sports, online betting on games like blackjack and slot machines is also on a tear, with revenue projected to jump 51% to $452 million this year, according to an industry-backed study released Tuesday.
Online gambling has been offered in New Jersey for six years, but betting hasn’t taken off in the state or nationally as many early proponents hoped. Today only New Jersey, Delaware and Pennsylvania have online casinos in operation. Nevada limits online bets to sports and poker. West Virginia is expected to introduce online casino games next year.
Sports betting has taken off quickly after the U.S. Supreme Court lifted a federal ban last year. Thirteen states now have sports-betting operations. Six more have approved it, but aren’t yet in business. In New Jersey, gamblers can bet online or at sportsbooks. So far, online betting in New Jersey hasn’t hurt the state’s nine land-based casinos, which should see revenue climb a decade-best 9%
Categoría:Online Games
Tags: Sin tags
País: United States
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