Overview of Online Gambling in New Jersey
Online gambling has made significant strides in New Jersey since its legalization in 2013. This comprehensive report provides insights into the statistics and trends shaping the industry.
Statistics on Online Gambling Revenue in New Jersey
New Jersey has experienced remarkable growth in online gambling revenues over the years. The following are key statistics:
- 2013 Revenue: $8.4 million
- 2014 Revenue: $16.3 million
- 2015 Revenue: $196.7 million
- 2020 Revenue: $931 million
- 2021 Revenue: Estimated to surpass $1 billion for the first time
Growth Trends in Online Gambling
The growth of online gambling in New Jersey can be attributed to several factors:
- Increased accessibility through mobile applications
- Expanding game variety including poker, blackjack, and slot games
- Enhanced online marketing and promotional strategies
- Impact of the COVID-19 pandemic leading to more online activity
Demographics of Online Gamblers in New Jersey
The demographic profile of online gamblers in New Jersey shows diverse participation:
- Age Group:
- 21-35 years: 45%
- 36-50 years: 30%
- 51 years and older: 25%
- Gender:
- Males: 60%
- Females: 40%
Popular Online Gambling Platforms in New Jersey
Several online gambling platforms have gained popularity among users in New Jersey:
- DraftKings Casino
- BetMGM
- Caesars Online Casino
- PokerStars
- Borgata Online
Conclusion
The online gambling industry in New Jersey continues to grow at an impressive rate, driven by technological advancements and changing consumer preferences. As more players engage in online gaming, the state shows no signs of slowing down.
Further Reading
For more detailed statistics and regulations, visit New Jersey Division of Gaming Enforcement or check out Gambling.com for the latest trends and news.