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New Jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

New Jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

New Jersey on line video gaming had its best year to date in 2016, while the future, at the very least based on one brand new study, will probably be even brighter.

Pennsylvania is anticipated to think about 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.

Web 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 in the Garden State will reach highs that are new the year ahead, despite the company’s forecast that digital poker will decline by six %.

Best yet for Atlantic City is their prediction that online play is leading to more bets placed at the rest of the seven land-based casinos.

’Increased integration between the online and real time casino appears become driving extra play and visitation at land-based properties,’ the Eilers & Krejcik study stated.

Great News or Bad News?

While the headline reads nicely for internet casino operators while the state’s tax coffers, 17 percent, while strong growth, would be a slowdown actually in regards to annual percentage gain.

The nj-new Jersey Division of Gaming Enforcement (DGE) reported internet that is total in 2016 arrived in at $196.7 million. That is nearly $48 million more than the five land-based casinos

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