Historical Overview of Online Casinos in New Jersey
Pre-2013: The Dawn of Online Gaming
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Event Date Description Legalization of Online Gambling February 2013 New Jersey becomes one of the first states to legalize online gambling, paving the way for regulated online casinos. 🎉 -
Event Date Description Launch of Online Casinos November 2013 New Jersey’s first regulated online casinos go live, offering a range of games. 🃏
2014: Growth and Expansion
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Event Date Description DraftKings Launches Online Casino July 2014 The introduction of Daily Fantasy Sports impacts the online gaming landscape in New Jersey. 💼 -
Event Date Description Revenue Milestones End of 2014 New Jersey’s online casinos report over $16 million in revenue for the year. 📈
2015-2017: Stabilization and Challenges
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Event Date Description Launch of Mobile Casinos March 2015 Mobile gaming becomes a significant part of New Jersey’s online casino market. 📱 -
Event Date Description Licensing and Regulations Update 2016 Amendments to the online gaming regulations improve security and transparency. 🔒
2018-Present: Modernization and Innovation
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Event Date Description Expansion of Online Sports Betting June 2018 The repeal of PASPA allows New Jersey to launch online sports betting. ⚽ -
Event Date Description Record Revenues 2020 Online gaming revenue in New Jersey exceeds $970 million, a significant milestone. 🏆