New Jersey expects online casino revenue to grow further

  • New Jersey online casino revenue improved 33.9% in December 2021 compared to December 2020.
  • According to the New Jersey Gaming Division, online casino revenue during the 2020 pandemic doubled.
  • Currently, there are nine land-based casinos in Atlantic City, each with an online casino platform as well as sports betting options.

The New Jersey Attorney General’s Office reported last week that the online casino industry in the state is doing well and is expected to do even better in 2022.

Total gaming revenue from casinos, racetracks and their partners reached $404.1 million in December 2021. This figure represents a significant increase from the $312.9 million posted in December 2020. online games also increased by 33.9% compared to December 2020.

Online casinos exploded at the start of the pandemic

Online casinos experienced a boom at the start of the COVID-19 pandemic when states shut down land-based casinos. In New Jersey, the online casino industry continued to post record numbers as gamblers were forced to place bets from their personal computers and mobile devices.

According to the New Jersey Division of Gaming, the 2020 pandemic has significantly reduced revenue from brick-and-mortar casinos as most players shifted to online platforms, even after brick-and-mortar casinos reopened. During this period, the agency said online casino revenues had doubled.

The convenience of mobile gaming

More than ever, mobile games have made online casinos popular in New Jersey. As competition continues to grow, operators are forced to improve the quality of their services to beat their rivals. Currently, there are nine land-based casinos in Atlantic City, and each of them operates its own online casinos, sportsbooks, and poker sites.

Mobile gaming has made New Jersey’s online casinos more convenient than ever, as bettors can now place bets and win money without having to visit land-based casinos. Moreover, mobile games allow people to play casino games wherever they want. People can now place bets on slots, table games, poker and even sports without any legal complexity.

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