New Jersey’s Online Betting Shows Record Increase
Recently updated on April 17th, 2019
Poker not Showing the Same Increase
However, online poker has not shown the same amount of growth as the rest of the casino games. In comparison to March last year, online poker revenue showed a decrease of 3.2 percent. Despite the growth of the overall New Jersey online gambling market, it does not seem to translate to more players for poker on the internet. Sports betting has brought in $24.2 million in winnings for casino operators in New Jersey. Therefore, it’s sports betting that New Jersey bettors are after.
New Jersey to take over Nevada as Sports Betting King
There are some analysts in New Jersey who said think it is only a matter of time before New Jersey takes over Nevada as the most prominent sports betting market in the US. Nevada raked in $458 million in February. However, the growth in New Jersey has a revenue of $372 million in gambling. This outcome is quite significant for the state because the earnings of the previous year did not show such high gains.
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