New Jersey online gambling revenue has hit the $200 million mark in October 2017 and now at the end of 2017, the New Jersey Division of Gaming Enforcement (DGE) has released the industry’s end numbers which shows that they have reached $245 million marks. It is surely a big achievement because the state has legalized online gambling in 2013. It surely depicts the successful implementation of online gambling.
NEW JERSEY ONLINE GAMBLING REVENUE
If we talk about their New Jersey’s online gambling revenue report then their highest-earning month in 2017 was March which earned them whopping $21.7 million. December is the 10th consecutive month in which New Jersey’s online gambling has exceeded $20 million marks showing a great close to the glorious year.
NEW JERSEY ONLINE POKER
But when it comes to New Jersey online poker then the numbers are not so great and are actually on the downside. New Jersey’s online casino revenue is continuously on the rise but on the other hand, online poker revenue is decreasing steadily.
To overcome this problem and increase income they have signed an online poker liquidity agreement with Nevada and Delaware in October 2017 in the hopes to attract poker players.
NEW JERSEY’S SUCCESS
The New Jersey’s successful year of 2017 depicts that it is a great model and they have sent the letter to NJ Federal Lawmakers that it should not be banned. Opponents of online gambling do not think the same. Senators Lindsey Graham and Dianne Feinstein have sent a letter to the Department of Justice (DoJ) in which they have warned them the online gambling negative traits.
Online gambling opponents is continuously fighting to get it banned as in 2011, the DoJ has ruled that to legalize online gambling or not legalizing it is a state’s right and states can choose per their desire.
ONLINE GAMBLING LEGALIZATION
After seeing the success of New Jersey in online gambling legalization, it can be predicted that more states will jump into the fray and will support it to not get it banned by the federal government. Pennsylvania has already done in 2017. If more states legalize online gambling then it will be difficult for the DoJ to change the rule.
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