Online gambling may have gotten off to a slow and rocky start in New Jersey last month, but momentum has picked up this month in the Garden State.
According to the AP, New Jersey casinos added 20,000 Internet gambling accounts last week alone.
If you’re keeping score at home, New Jersey residents have now created close to 100,000 online gambling accounts in less than a month.
The state’s Gaming Enforcement Division said Monday that 91,531 accounts had been created as of Sunday. The number of individual gamblers who have played so far has yet to be determined, though, as some users have created accounts with multiple gambling websites in New Jersey.
Nonetheless, the news of this surging growth is giving analysts reason for optimism.
“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,” the same report reads.
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