New Jersey consultants say iGaming supports casino revenue and jobs
Gaming analyst Steve Ruddock and Victor Strategies executive Gene Johnson said online gambling has helped sustain New Jersey’s casino industry by attracting younger players without reducing land-based revenue. Johnson said the sector generated $4.2bn through August, including $1.9bn from iGaming, and was growing 28% year over year. The webinar also discussed Boyd Interactive’s purchase of Resorts Digital; the price was not disclosed.
The reported revenue figures and acquisition illustrate iGaming’s growing financial role in New Jersey casinos.