Tag: Caesars NJ

Gambling-Related Stocks You Can Bet on in 2023

Five years after leading the repeal of the Professional and Amateur Sports Protection Act (PASPA), New Jersey continues to dominate the U.S. sports gambling scene with record revenues, despite challenges with problem gambling and regulations, and now accounts for half of all sports bets placed in the state.

January Numbers Bode Well for New Jersey Gaming Market

Atlantic City’s brick-and-mortar casinos won $211.6 million from in-person gamblers in January, a 15.3% increase from one year ago, while New Jersey’s online casinos also had a profitable month, indicating that the state’s gaming industry is continuing to grow. Read on for a closer look at January’s gambling numbers and how they could impact New Jersey’s gaming revenue in 2023.