A New Online Gambling Milestone for New Jersey

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A New Online Gambling Milestone for New JerseyConsistent with the momentum first reported in early December, the number of online gambling accounts in the Garden State has topped 100,000 in less than one month.

More than 100,000 online gambling accounts have been created in New Jersey since internet betting became legal in the state four weeks ago, officials said today.

As of Sunday, the state Division of Gaming Enforcement said 109,946 accounts had been created.

“We have seen a steady and continual increase in site traffic since Nov. 21 due to the outreach of the casino operators,” David Rebuck, New Jersey’s top gaming official, said Monday according to NJ.com. “We are encouraged by their marketing efforts and are optimistic for the future of New Jersey’s internet gaming industry.”

Exactly how many people are actually playing on the websites — run by seven Atlantic City casinos in conjunction with online gaming companies — remains unclear. Regulators have not audited those figures. In addition, one person can create accounts at different websites, and some may be creating accounts but not playing.

Online gambling launched statewide in New Jersey on November 26th, following the early 2013 passage of new legislation permitting online gambling in the state.

“It remains to be seen if the $200 million to $300 million that Wall Street analysts predict Internet gambling may bring in over its first year will be new business, or whether it will simply cannibalize walk-in business at the brick-and-mortar casinos,” an earlier AP report reads.

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