Mobile gambling is expected to expand the new online gambling industry in New Jersey. Many commentators have lamented the slow growth of online gambling since it was introduced last November, but expect mobile gambling to give the industry a boost.
“Mobile applications will play an enormous piece of the puzzle in online wagering, which is why we are so positive and see so much upside in months ahead,” said Joe Lupo, senior vice president of the Borgata Hotel Casino & Spa, which began offering gambling Monday over Android cellphones on 3G and 4G networks.
The casinos won $7.4 million over the Internet in December. January’s $9.5 million represented a 28 percent increase. The Borgata, Caesars, Tropicana, Trump Plaza and the Taj Mahal offer online gambling on mobile devices, while others casinos are currently looking at offering their games on mobile platforms as well. Golden Nugget vice president of online gambling, Thomas Winter predicts that smartphones and tablets will account for more than 20% of the casino’s Internet gambling revenue this year and more than 50% within three years.
What’s more, the number of people who gamble online in New Jersey is expected to triple in 2014. According to a report in USA Today, players feel comfortable playing on regulated sites because they know that these sites are secure. Accordingly, a Bill that would expand online gambling beyond New Jersey borders is currently in the works.
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