However, casino operators were hoping for a longer renewal period to protect their significant investments and encourage further growth in the sector.Ītlantic City’s gaming operators have already seen the benefits of their investments in internet gaming. The recent passage of a bill reauthorizing internet gaming in New Jersey for another five years brought relief to the industry.
The state itself has collected $117 million in internet gaming tax revenue compared to $70.6 million from slots and tables. According to industry experts, internet gaming makes up more than a third of the total gaming revenue in New Jersey this year. Internet gambling has become a vital source of revenue for Atlantic City’s casinos.
