For those looking to get in on the action and try their luck at online gambling in New Jersey, it may feel like a minefield of regulations and red tape. Fortunately, Atlantic City is still a major gaming center with fewer casinos than in the past and NJ online casino news releases related to online casino gaming that are available to read. Plus, Internet gaming site approvals are issued on a rolling basis giving those seeking the thrills of casino gaming the chance to spin the wheel of fortune.
Online Casino News NJ – Introduction:
It’s fair to say that online casino gaming has been a boon to the Atlantic City economy. Ever since the first online casino opened its virtual doors in 2013, the industry has skyrocketed in popularity, raking in plenty of cash along the way. New Jersey has become a leader in online gaming, with numerous legal sites available to players of all levels and budgets. Read on for the latest news on online casino gambling in New Jersey.
Fewer Casinos than in the Past
There are fewer brick-and-mortar casinos in Atlantic City than there used to be. While there were once 12, today there are only nine – Borgata, Golden Nugget, Caesars, Tropicana, Harrah’s Resort and Casino, Bally’s Wild Wild West Casino and Resort, Resorts International Hotel and Casino, Trump Taj Mahal and Revel. This contraction of casinos leaves players with fewer choices when it comes to land-based gaming.
Gambling Regulated by the State
New Jersey is one of the few states in the US that has legalized and regulated online casino gaming. This means that players can access licensed sites from anywhere within state borders. It also means that game operators must meet certain criteria to stay up and running — including offering player protections like deposit limits, age verification requirements and self-exclusion options.
News Releases Information Available
News releases related to New Jersey’s online gambling industry are available for public consumption. These documents provide up-to-date information on regulations governing online gaming in the state as well as news about new games being added or existing ones being removed from platforms.
Internet Gaming Site Approvals on a Rolling Basis
The New Jersey Division of Gaming Enforcement (DGE) is responsible for approving internet gaming sites prior to their launch. Sites must pass rigorous examination before they can go live — including an assessment of their financial stability, technical capability outlining data security measures and responsible marketing procedures. The state offers approvals on a rolling basis which keeps the selection of sites up-to-date.
Online Gambling Expanding Across States
There are currently 14 states that have legalized some form of regulated online gambling within their borders. Other states such as California and Pennsylvania have advanced bills aiming to add sports betting apps and increase iGaming opportunities for players. If these bills pass, this could open the doors even wider for companies like BetMGM who already have experience operating in New Jersey.
Impact on Brick-and-Mortar Businesses
While it is still too early to tell what kind of effect legalized online gambling will have on Atlantic City’s casinos or other brick-and-mortar businesses, preliminary research suggests that it has been largely positive so far. Online gambling revenues hit an all-time high during 2020 due to a large number of new players trying out slots, table games and live casino poker at larger than usual numbers due to time spent indoors.
Growth and Opportunity
Industry analysts predict that mobile gaming will see explosive growth over the next few years with more people feeling comfortable using their phones or tablets while they gamble online rather than going into physical casinos. States should be prepared for this kind of growth by setting regulations on age restrictions, taxes and fees that support operator profitability and safe gaming environments.
NJ Online Casino News – Conclusion:
Whether you live in Atlantic City or beyond the borders of New Jersey, you can now enjoy safe, regulated online casino gaming from the comfort of your own home. With more states legalizing and regulating online gambling, the industry keeps expanding, creating opportunities for players and game operators alike. Be sure to follow the latest news about online casinos in New Jersey to take advantage of new games and promotions.