Online Gambling Accounts in New Jersey Near 150,000
Online gambling in New Jersey is continuing to grow in popularity and the number of accounts opened at regulated online casinos is reported to be approaching the 150,000 mark. As of Monday of this week just over 148,000 had been opened and that number looks set to increase even further over time.
It was only in November of last year that authorized internet gambling began in New Jersey, following a five day trial period, but it has already proved to be something of a success. Even taking into account the fact that some individuals will have opened separate accounts at different online casinos, it is clear that there is a demand for regulated online gambling in America.
This is likely to encourage other states to follow New Jersey in regulating online gambling and there are already a few that are exploring the opportunity. There will almost certainly be plenty of interest next week when the first report detailing the revenue generated by the new online casinos is released.
It has been estimated that the first year will bring in $2-300 million in revenue but despite the positive early signs it is still too early to tell how accurate these estimations will prove to be. It also remains to be seen how much of the online gaming activity is new business, and how much is effectively replacing gaming activity at the land based venues.
At the moment there are seven Atlantic City casinos providing games online – Golden Nugget, Borgata, Trump Plaza, Bally’s, Tropicana, Trump Taj Mahal and Ceasar’s. Players can play a range of card, table and slot games but it is online poker that seems to have attracted the most interest so far. That trend is expected to continue and poker could grow even further if, as is hoped, inter-state poker networks are developed in the future.
Daily fantasy football is in a weird spot this week, as week 14 provides si[...]
The University of Houston announced Friday that it has decided to promote o[...]
According to World Anti-Doping Agency investigator Richard McLaren, Russia [...]
The commonwealth of Pennsylvania has been debating online gambling legislat[...]