Nj-new jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj-new jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj online video gaming had its year that is best up to now in 2016, and the future, at the very least according to one new study, will probably be even brighter.

Pennsylvania is anticipated to consider passing a law that is igaming year, and that would be further good news for brand New Jersey online gaming, as it may help reverse internet poker’s downward spiral.

Internet gaming businesses are being told to expect a revenues increase of 17 percent in 2017. International gaming industry research group Eilers & Krejcik says online gambling within the Garden State will reach highs that are new the year ahead, despite the company’s forecast that digital 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 additional play and visitation at land-based properties,’ the Eilers & Krejcik research reported.

Great News or Bad News?

While the headline reads nicely for internet casino operators as well as the state’s tax coffers, 17 %, while strong growth, would actually be described as a slowdown in terms of annual percentage gain.

The New Jersey Division of Gaming Enforcement (DGE) reported internet that is total in 2016 came in at $196.7 million. That’s nearly $48 million more than (more…)