The adoption of regulated digital cash gaming in the US will transform the global landscape for digital Pay2Play entertainment. Atlantic City’s casino Atlantic City’s casinos are optimistic that big money could start pouring into their vaults once Internet gambling becomes an option. This prediction was backed by a group of Wall Street analysts, who spoke at the East Coast Gaming Congress last week, highlighting the business opportunities that Digital Pay2Play and digital cash gaming in particular might create for the city. Atlantic City’s casinos have been hit by a loss of profit over the past seven years.
New Jersey is among three states in various stages of legalising online gambling, along with Delaware and Nevada. It had already issued regulations on online games and the way they should be carried out, with one of the rules requiring people who play to be physically present within the borders of the state. It is hoped that the business will be in full swing by the end of the year.
Digital cash gambling would be a real game-changer for Atlantic City and the state as a whole. It is going to be the biggest expansion of gambling in New Jersey after the launch of the very first casino there in 1978. Estimates vary on how much the industry could contribute to the economy of the state but some suggest that the Internet gambling market could be worth over $500 million per year. We are sure this number will prove materially light.