How Internet Gaming Fuels New Jersey’s Revenue Growth in July 2024
Internet Gaming's Impact on New Jersey's Revenue
The New Jersey Division of Gaming Enforcement revealed that the total gaming revenue for casinos, racetracks, and their partners reached US$547.8 million in July 2024. This significant increase highlights the role of internet gaming in driving revenue growth across the state's gaming sector.
Highlights of Revenue Growth
- July revenue up significantly compared to previous months.
- Internet gaming continues to be a powerful revenue driver.
- The state's casinos and racetracks show remarkable adaptability to online gaming.
This surge emphasizes the shifting landscape of gaming, where traditional methods are increasingly augmented by digital platforms. As lawmakers examine regulations surrounding sports betting and online gaming, the implications for future revenue are profound.
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.