In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19 pandemic.
Casino operators, online gambling companies, analysts and elected officials offer a number of reasons why they think it has yet to expand more widely: among them, including fears (unfounded, analysts say) that internet gambling will draw gamblers away from physical casinos, and a higher priority effort to approve sports betting - nearly 90% of which is done online in two-thirds of the states.
However, Chris Krafcik, managing director of the Eilers & Krejcik gambling analytics firm, said some states may be hesitant to forge ahead with internet casinos, which some lawmakers may view as a more seri
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