Gambling in New Jersey: Internet Gambling Reaches Record Revenue
Monday, 16 September 2024, 12:42
Gambling Landscape in New Jersey
The hospitality and leisure industry faces a notable shift as internet gambling continues to soar, achieving unprecedented revenue levels. In August, online gambling in New Jersey set a record, generating $198 million. However, land casinos don't share this fortune and continue to experience slower business.
Analysis of Gambling Trends
- Strong growth in internet gambling.
- Challenges for traditional land-based casinos.
- Implications for the broader hospitality and leisure industry.
As we analyze the performance of both segments, we notice a stark contrast: while online platforms thrive, land casinos struggle to adapt.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.