The US online gambling market is currently facing several challenges, given that the latest update of RAWA sustains the prohibition of online gambling. However, Nevada, Delaware and New Jersey have managed to legalize online gambling a few years ago and this decision has brought a lot of financial advantages.
The online gambling market seems to be on an upward trend, especially in New Jersey, which has established a new record in March 2015. The latest gaming statistical report released by the New Jersey Division of Gaming Enforcement has shown that in March 2015, online games have managed to generate impressive revenues of $13.16 million ($10.9 million from online casino games and $2.22 million from online poker games).
The report has also shown the contribution of online casino operators to the state’s final revenues, given that their involvement has brought $3.25 million to the gaming funds.
John Darr, an important representative of the gaming sector, has sustained for a long time that the legalization of online gambling could generate high revenues. Nowadays, New Jersey is the most flexible and stocked online gambling market, as gaming enthusiasts are able to play online poker, online slots, online roulette or online Blackjack legally within the state.
New Jersey gathers an impressive number of land-based casinos and gaming operators, which have expanded their businesses online as well. Therefore, a lot of land-based casinos also provide online casino games, due to the increasing number of players who prefer online gaming at the expense of traditional games.
Currently, the US bans online gambling through RAWA, but several gambling representatives and institutes consider that the latest positive examples, like New Jersey, will change the general perception about online gambling.