Gambling in the USA
After being legalized, sports betting in New Jersey can surpass Las Vegas
Among the major states in the United States, New Jersey has become the “leader” in promoting sports gambling. In early 2012, former New Jersey governor Chris. Christie signed a legal proposal to allow sports betting in New Jersey.
However, due to the obstruction of four major professional sports tournaments in North America and the NCAA Association, this proposal was not established. Over the next few years, New Jersey did not stop trying, and after the sports ban was lifted, the state became one of the most prepared regions in the United States.
On June 13, with the Governor of New Jersey, Phil. Murphy signed a law about legalizing sports betting. New Jersey game revenue in June reached $ 233 million, up 7.3% from $ 217 million in the same period last year.
Meanwhile, Las Vegas game revenue has dropped. Last December, Las Vegas’s revenue for the whole month was $ 571 million, down 3.2% from the same period last year. Since October last year, Las Vegas’s gaming industry has been declining for three consecutive months. 6%. If both states maintain their current positions, New Jersey will overtake Las Vegas in the next few years and become the new largest “gambling city” in the United States.
According to Adam, analytical director of the US DGS game industry. Smo’s analysis, sports betting will become an important tool for New Jersey to overcome Nevada. In the sports betting industry, consumers are willing to gamble on the Internet for the timeliness of the game, instead of going to casinos to place bets. New Jersey is the first region in the country that promotes online gambling. At the same time, the state’s online gambling industry is currently one of the best in the United States.
On the other hand, New Jersey’s population and per capita income are much higher than Nevada. According to 2017 statistics, New Jersey has a population of nearly 9 million and a per capita income of $ 36,000. In contrast, Nevada has a population of less than 3 million and a per capita income of $22,000, the gap between the two sides very clear.
The legalization of sports betting not only boosts the potential for a large service industry for New Jersey but also brings a large tax.
Of course, Las Vegas also has its own advantages. As a “gambling city” in the United States, Las Vegas is well known and most of the state’s tourism revenue comes from tourists each year. In addition, Las Vegas also has dining and entertainment facilities associated with the gambling industry, which is the reason to attract tourists to Nevada.
In the future, Sports Betting Online NJ will be lifted and issued in more places in the United States. Sports gambling has been allowed in New Jersey, Delaware, Mississippi and Nevada, and West Virginia and Rhode Island are also interested in promoting the Sports Betting Act. With a huge market for sports betting, the US gaming industry will welcome the next big highlight.
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
Gambling in the USA
Mechoopda Casino to Suspend Operations Effective January 31, 2025
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
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