..

Need for Online Gambling in NJ Intensifies: PA Bumps Atlantic City

Written by:
Aaron Goldstein
Published on:
Jan/16/2013
Need for Online Gambling in NJ Intensifies:  PA Bumps Atlantic City

New Jersey Governor Chris Christie may have more of an incentive to sign a bill legalizing online gambling in his state as numbers showed Wednesday that Pennsylvania for the first time has bumped Atlantic City out of the number two US gambling destination after Las Vegas.

Christie has until early February to either sign or veto the measure that would allow online gambling websites to be based out of Atlantic City.  New Jersey residents and others would be able to gamble over the Web within the state’s borders.

Atlantic City’s gambling market has been dissolving gradually in recent years ever since its neighbor Pennsylvania legalized land-based casinos. 

In 2012, Pennsylvania took in $3.16 billion from both slots and table games revenue compared to the shore's $3.05 billion.  Pennsylvania’s casinos have benefitted from their close proximity to major cities and population centers. 

There are currently 11 casino venues running in Pa. then number 12 with the opening of Nemocolin Woodlands Resort.

“Pennsylvania grew so fast because the casinos are located throughout the state and located closer to the main population centers," said gaming analyst John Kempf, of RBC Capital Markets L.L.C. "Location is everything in gaming. Customers would rather spend more time gambling than driving. But it also helps that casinos are across the state and not just in one city."

In New Jersey, casinos are only located in Atlantic City, which is over an hour drive from major cities like New York and Philadelphia.

- Aaron Goldstein, Gambling911.com

Gambling News

Best Betting Site Features

Best Betting Site Features

The number of different ways to wager on a sports event has changed drastically throughout the past few years. During this period, the internet has taken sports betting to another level, making it insanely popular worldwide.

Books Have Modest Day With Limited One-Sided Action

Books Have Modest Day With Limited One-Sided Action

The liabilities for Week 3 NFL were relatively low all things considered, but Monday Night Football has the potential to be a classic with KC seeing heavy early action.

Tampa Area Bookies: How Are They Faring?

Tampa Area Bookies: How Are They Faring?

Gambling911.com routinely monitors impacts on regional bookies, including those in the Tampa Bay, St. Petersburg area A well-run Pay Per Head will help guide you through any rough times.

South Florida Bookies: How Are They Faring?

South Florida Bookies: How Are They Faring?

Gambling911.com routinely monitors impacts on regional bookies, including those in South Florida. A well-run Pay Per Head will help guide you through any rough times.

Can I Bet With MyBookie.ag From Colorado

Can I Bet With MyBookie.ag From Colorado

While the MyBookie.ag website is accessible from Colorado, Gambling911.com recommends BetOnline with its generous welcome bonus (max bonus $1000) and lightning fast payouts.

Syndicate