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New Jersey Online Gaming Market To Grow In 2017

Revenue From Online Games Expected To Increase 17 Percent

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New Jersey’s online gambling market is expected to have another solid year of growth, but it won’t be quite as good as the 30 percent year-over-year gain seen last year.

In 2016, the online casinos won $196.7 million, up 32 percent over 2015.

According to research from Eilers & Krejcik Gaming, the Garden State online casino market should grow by 17 percent in 2017, NorthJersey.com reported.

There are 20 unique online gaming websites catering to New Jersey players. In order to run online gaming in the state, a company must partner with a brick-and-mortar casino licensee. There are five such operators—Borgata, Caesars, Golden Nugget, Resorts and Tropicana.

One of the leading platforms catering to the market comes under the Golden Nugget’s umbrella. Betfair has an online casino for New Jersey players.

The growing online gambling market in New Jersey helped the state last year see its first year-over-year increase in total casino win in a decade.

New Jersey kicked off its online gambling industry in 2013.