{"id":73,"date":"2024-06-13T08:43:23","date_gmt":"2024-06-13T05:43:23","guid":{"rendered":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/13\/new-jerseys-gaming-renaissance-online-wagering-fuels-growth-in-atlantic-city\/"},"modified":"2024-06-17T12:54:51","modified_gmt":"2024-06-17T09:54:51","slug":"new-jerseys-gaming-renaissance-online-wagering-fuels-growth-in-atlantic-city","status":"publish","type":"post","link":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/13\/new-jerseys-gaming-renaissance-online-wagering-fuels-growth-in-atlantic-city\/","title":{"rendered":"New Jersey&#8217;s Gaming Renaissance: Online Wagering Fuels Growth in Atlantic City"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/t4u2-iFRan0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Jersey Shore&#8217;s gaming hub has finally emerged from a prolonged downturn after a 10-year period, and the resurgence can be attributed to the growth of internet-based wagering.<\/p>\n<p>Following a decade of diminishing returns, the Garden State&#8217;s gaming sector experienced a modest yet noteworthy uptick of 1.5% in 2016. Atlantic City&#8217;s gambling establishments, once emblematic of the city&#8217;s economic woes, are rebounding due to New Jersey&#8217;s flourishing digital gaming sector.<\/p>\n<p>The remaining seven casinos in Atlantic City collectively generated $2.6 billion in earnings, marking the first upswing since 2006 when the city boasted 12 casinos and achieved a record-breaking $5.2 billion.<\/p>\n<p>Internet-based gambling in New Jersey yielded $1.97 billion in 2016, a substantial 32% surge from the previous year. Casino games witnessed a 36% leap to $1.7 billion, while poker contributed $26.5 million, an 11% rise.<\/p>\n<p>It&#8217;s noteworthy that income solely from brick-and-mortar casinos actually experienced a slight dip in 2016 if the $65 million from the now-shuttered Taj Mahal casino is excluded. Only two casinos reported revenue declines in 2016, with Resorts Casino Hotel experiencing a $16 million decrease to $358 million. Nevertheless, without the impetus from online gambling, the overall market would have registered a 0.3% year-on-year decline.<\/p>\n<p>In the Keystone State, the nation&#8217;s second-largest gambling market, revenue projections indicate a 1% growth to $3\u2026 <\/p>\n<p>The gaming sector experienced a significant financial upswing in 2016, generating a substantial $2 billion in revenue.  Nevada, widely recognized as the gambling epicenter of the United States, proclaimed a return to profitability for the first time since the economic downturn of 2008, signaling a positive trend for the industry. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Jersey Shore&#8217;s gaming hub has finally emerged from a prolonged downturn after a 10-year period, and the resurgence can be attributed to the growth of internet-based wagering. Following a decade of diminishing returns, the Garden State&#8217;s gaming sector experienced a modest yet noteworthy uptick of 1.5% in 2016. Atlantic City&#8217;s gambling establishments, once emblematic [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jersey Shore Casinos Roar Back: Online Gambling Fuels the Comeback<\/title>\n<meta name=\"description\" content=\"After a 10-year slump, Atlantic City casinos are back in the game! Discover how the rise of online gambling in New Jersey is fueling this remarkable comeback.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/13\/new-jerseys-gaming-renaissance-online-wagering-fuels-growth-in-atlantic-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey&#039;s Gaming Renaissance: Online Wagering Fuels Growth in Atlantic City\" \/>\n<meta property=\"og:description\" content=\"After a 10-year slump, Atlantic City casinos are back in the game! 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