Not all the money reported by the state to have been won by the casinos online is actually kept by the casinos as much as 70% of it goes to outside parties, casino executives say.īut even the money that remains is a help to a gambling resort whose nine casinos are struggling to return to the level of business they did before the pandemic struck. Internet gambling money, much like money won through sports betting, is shared with third-parties like tech platforms. While the internet gambling numbers look impressive on paper, Atlantic City casino executives caution that they are not all they seem. That's when New York began taking online sports bets and instantly seized the nationwide lead in the fast-growing industry. New Jersey had led the nation in terms of sports betting revenue from 2018 through the beginning of this year. Those figures are for online casino games only and do not include sports betting revenue, which is reported separately. Nevada offers online poker but does not break out that revenue separately from the in-person revenue casinos report to the state. 2021) West Virginia ($137.4 million since July 2020) and Delaware ($42.2 million since Dec. 2021) Connecticut ($199.7 million since Oct. Other states with online gambling include Michigan ($2 billion since Jan. That's nearly twice the $2.47 billion Pennsylvania casinos have won online since July 2019. 2013, and since then its casinos have won $4.79 billion from gamblers online. New Jersey launched internet casino games in Nov. Most of the major online gambling companies, including FanDuel, DraftKings, BetMGM and Bally's support the bill. Internet gambling “kept those casinos (afloat) through a very difficult time,” Caputo said. Even when the casinos reopened later that year, some customers were wary of coming to a casino in person and opted to gamble online. “It's one of the reasons we still have casinos in New Jersey.”Īssemblyman Ralph Caputo, a former Atlantic City casino executive, noted that online gambling provided a crucial revenue stream for the casinos while they were closed for 3 1/2 months in 2020 during the early days of the pandemic. “Internet gaming has proven to be an integral part of gaming in New Jersey,” said Assemblyman Don Guardian, a former mayor of Atlantic City.