“There’s the potential for super-sized growth in the year ahead. Partnerships with Nevada, Delaware, Pennsylvania, and international markets could be a key driver as the market enters its fifth year,” added Ruddock.
The state’s regulated online casinos generated US$20.6 million in November, up 20% from US$17.2 million in November 2016. “To put the state’s online gaming growth into perspective, New Jersey online casinos will generate nearly US$250 million in 2017. That’s over 100% more than the industry generated in 2014,” Ruddock commented.
November pushed the state’s online gambling industry toward extraordinary annual tallies. With US$224.85 million so far, 2017 is well past the US$196.7 million record for annual revenue that the industry set in 2016 and on pace to fall just shy of the quarter of a billion dollar mark for 2017.
“With new products like live dealer casino games and virtual sports, and the entrance of new brands, the importance of online gambling to the health of Atlantic City will only increase in 2018,” Ruddock cocluded.
Source: GMB / G3 Newswire
