Tuesday, November 29, 2022
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New Jersey Regulated Market and Latest Entries

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While New Jersey now has some of the broadest national gambling laws, the state has only recently begun legal changes and modernized this market to be a great place for providers and players. Gambling there was originally legal, however, online gambling was officially legalized in 2013 after several previous attempts blocked by the Governor. New Jersey currently has some of the most advanced internet gambling laws and regulations in the country!

Rapid growth in 2021:

New Jersey’s gambling revenue rose 119.8% in March from the same period last year, with the state’s game control department reporting growth in sports betting, gambling, and land-based casinos. Total market revenue for March was $ 359 million, which is amazing compared to 12 months before was $ 196 million. However, last year was hard due to the closure of land-based casinos and lack of sports which was caused by a coronavirus. The sports betting segment showed the strongest growth and players wagered a total of $ 860 million on sports of which $ 780 million was split between online betting and $ 79 million in retail sports betting. Of that amount, online slots accounted for $ 111 million, while $ 2.7 million were made thanks to online poker. 

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What are the benefits of online casino gambling in this market?

New Jersey has a fair share of land-based and traditional casinos that have proved popular among the players over the years. Nevertheless, there are many benefits to registering with any of the New Jersey online casino sites due to many trustworthy operators. One of the main advantages of online casinos is the convenience of playing casinos from anywhere within the state through a mobile, desktop, or tablet device. In order to play in a land-based casino, the player may have to travel a large distance and queue up at the tables. Thanks to the mobility of online casino games, players have immediate access to games from anywhere. Also, various bonuses and promotions are always available at land-based casinos, but casinos in the New Jersey online gambling market have a tendency to offer even more promotions and bonuses for their players. In particular, welcome offers are common in online casinos, enabling players with the opportunity to boost their winnings by registering.

Collections of casino games:

Online casinos in New Jersey have huge collections of casino games. Since they do not require any physical space, only virtual space on their platform, there is really no limit to the number of games that online casinos can offer. If players enjoy playing against a live dealer in person, there are live casino table games that are broadcasted live.

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Numerous of New Jersey’s top online casinos also offer users the option to place sports bets. These bookmakers are excellent for users who want to both play casino games and place bets as they can use the same account.

Can players feel safe with casino sites approved by the New Jersey authority?

Online gambling sites in New Jersey guarantee players privacy. Security has generally not been a big issue in the past and major casino operators use very secure gateways and their payment software meets high-security standards

Top Online Casinos in New Jersey:

BetMGM Casino is the home for the biggest selection of live dealer games in the New Jersey market. Another important feature on their site is rewards program, which allows players to earn reward points for playing.

DraftKings Casino is a well-recognized operator with a wide selection of slot machines, roulette, blackjack, baccarat, and more.

Bet365 casino is one of the largest gaming brands in the world. They also provide various slots, blackjack, roulette titles and more, and they are one of the most trusted casino operators in the world!

Recently entries in the market:

Wazdan, a leading Malta-based online casino provider has recently made is the entry in New Jersey and Andrzej Hila, Chief Commercial Officer of Wazdan, commented: “New Jersey does not need to be presented as a market and we are delighted to be able to offer some of our most popular games among government operators. This is the first stop on a very exciting journey because in this area we expect even more. “

Online casino platform provider, SkillOnNet, is making its United States market debut in New Jersey following a market agreement with Caesars Entertainment. Head of Corporate Development, Maor Nutkevich, shared his thoughts: “This is a historic opportunity for SkillOnNet. We are seeing tremendous growth in New Jersey and very successful gambling launches in other states in the US.

Playtech, the global leader in the online gambling industry, launched its award-winning casino content through an agreement with Bet365, in New Jersey.

EveryMatrix, a B2B iGaming provider, has been granted Application Complete status by the New Jersey Gambling Compliance Department.

LeoVegas signed a deal to release its brand in New Jersey, USA and this brand is expecting that the US market will be the largest regulated gaming market in the world!

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Rahul Roy
Rahul Roy
I am a computer guy by profession and a sports fanatic by choice.

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