Sun. Dec 22nd, 2024
📰 The Success of Internet Gambling in New Jersey

07:51
30 Sep

Internet gambling has been a major success story in the state of New Jersey, generating more revenue from online gamblers than any of the five other states that also allow it.

Since the launch of online gambling in 2013, New Jersey has seen a steady increase in revenue, with the industry generating over $1 billion in revenue in 2021 alone. The NJ online casino list is growing steadily with around 30 operations now fully licensed.

How Did New Jersey Get it Right?

New Jersey’s success can be attributed to several factors, including the convenience and accessibility of online gambling, the variety of games available, and the strong regulatory framework in place.

One of the key factors driving this success across all states which allow online gambling is how players can enjoy their favourite games from the comfort of their own homes, without having to travel to a physical casino. This convenience has made online gambling an attractive option for many players, especially those who live far away from a casino or have mobility issues. The tablet/smartphone era has changed the scene beyond recognition.

Another factor contributing to the success of internet gambling in New Jersey is the strong regulatory framework in place. New Jersey has helped to ensure the safety and security of online gambling via regulation by the state’s Division of Gaming Enforcement.

It is responsible for regulating online gambling in New Jersey, and it has implemented strict rules and regulations to protect players and prevent fraud. This has helped to build trust in the industry and attract more players to online gambling in the state.

First to the Party

One of the secrets to New Jersey’s success is being first to the party. Following the unpopular UIGEA 2006 and the events of Black Friday on April 15, 2011, legislators were quick to organise a bill to have their own state online gambling industry.

New Jersey began taking online bets in November 2013, helped along by brick-and-mortar partners from Atlantic City which no doubt streamlined the process considerably. Since that date, Atlantic City’s casinos and their online partners have won $6.29 billion from gamblers, according to the American Gaming Association.

The state has also been selective on who it lets operate in its jurisdiction. This approach guarantees a higher level of quality and avoids many of the negative factors associated with grey market casinos.

Better quality casinos are more able to focus on customer service and providing the most up-to-date games. Casino game fans, particularly those who play slots, are notoriously picky and get bored easily with playing the same titles over and over again. Fresh games must always be forthcoming.

By Xplayer