New Jersey Casino Revenues Boosted Once Again
The casino industry in Atlantic City seems to be expanding more and more, since the gaming and betting revenues went up by almost 5% in 2012, with an increase to $37.3 billion. This is the second record revenue value since the industry was regulated, considering that in 2007 the gambling business generated $37.5 billion. The report does not include Native-American casinos, which have also took in more than $26 billion, according to previous reports from 2011.
This is good news for entrepreneurs who want to start an online casino, as Frank Fahrenkopf, the president of the American Gaming Association, claimed that the industry is growing and it will most surely rise up to industry members’ expectations in the next years. New Jersey is still struggling with attracting visitors in their land-based casinos, due to the effects of Hurricane Sandy.
Besides this, New Jersey managed to almost maintain the employment rate, which fell by only 1%, more than 330,000 employees being able to keep their jobs. New Jersey will most probably focus on internet gambling, which has been recently legalized. If you want to start an online casino which will offer your customers the ultimate internet casino experience, our team can help you by offering the best price-quality ratio products, asking for no monthly shares from your revenues.
BY CASINOWEBSCRIPTS PUBLISHED 8 May 2013