Online casino gaming has only existed in the state of New Jersey since 2013, but it’s already a significant part of the state’s lucrative gambling industry, pulling in revenues that continue to grow year-on-year. In 2018 alone, the months of March, July and September saw a collective online casino gaming revenue of over $25 million. When compared to revenue in 2017, the monthly growth this year has hit the double-digit percentages. In contrast, land-based casinos in Atlantic City collectively pulled in under $20 million per month, leaving some analysts and casino experts questioning whether Online Casino gaming hinders the growth of brick-and-mortar casinos rather than help.
Are New Jersey casinos in decline? The Atlantic City casino industry suffered a significant blowback in 2016 when a total of five big casinos, including the Trump Taj Mahal, the Atlantic Club Casino Hotel and the Trump Plaza, closed their doors and tables in the period leading up to it.
