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New Jersey Gambling Revenue Continues to Increase

by Staff
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People in New Jersey are gambling more than they did last year. The numbers from both April and July show a significant increase in the New Jersey gambling revenue this year. It’s not only at the online casinos that people are gambling more but also at the land-based ones. 

 

In the last couple of years, there has been a continuous increase in the New Jersey gambling revenue. This summer the revenue was up 6,7% compared to the same time last year. In April, the increase was no less than 20% compared to the year before. New Jerseyans are gambling more or at least spending more money on gambling. Gambling is one of the many types of online entertainment that only gets more popular every year. New Jersey is right at the center of it, with its ability to attract people from the entertainment industry.

 

Last year online gambling jumped 27%, while the sports betting revenue went down a bit. The increase is particularly driven by an increase in the number of online casino players. This tendency does not only exist in New Jersey but in many places in the US and the rest of the world. Here in New Jersey some of the very best online casinos can be found at https://www.njcasino.com/ Here they have a comprehensive guide that compares the different casinos, so players can easily find the one with the right games and bonuses for them.

 

Land-based and online casinos take a jump

It is not only the online casinos that are getting more popular and increasing their revenue. This is true for the land-based casinos as well. From the beginning of this year and until April, the land-based casino revenue was almost 25% higher than at the same time last year. Online casinos had an increase of 30% in the same period. This means that the total New Jersey gambling revenue was significantly increased even though sports betting activities had gone back.

 

A global gambling frenzy

New Jersey is far from the only place where people want to gamble. All over the world, people are discussing gambling because of the general increase in especially online casinos and sports betting. In some places, this has led to more restrictions and regulations. In other places, legalizations are happening at a rapid pace or at least legalizations are being discussed. Here in the US, more states are welcoming gambling to a much larger extent after the federal ban was renounced in 2018.

 

Especially online casinos are popping up everywhere. This has created a crowded market with many players and heavy competition. Nothing seems to indicate that this development will slow down, it’s actually the contrary. This is both good and bad news for online gamblers. The good thing is that they are offered bonuses and promotions that are more attractive than they’d be in a less crowded market. The downside is that not everyone is legit and it can be difficult to tell the difference.

 

Anyone who likes to play online casino games should always make sure to use a trustworthy guide for online casinos, check the sites’ licenses, and read the terms and conditions before agreeing to anything. Considering safety when gambling online has never been more important than it is right now.

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