A new report about the state of New Jersey’s online gambling industry has been released, following a study done by Rutgers University and commissioned by the Garden State’s gambling authorities. According to the study, entitled ‘Internet Gambling in New Jersey: Calendar Year 2015 Report to the Division of Gaming Enforcement’, the state controls 90% of the legal and regulated igambling market in the United States. The other 10% can be found in Nevada and Delaware, the only other two states were laws where passed to allow intrastate online gambling.
Other interesting facts gleaned in the report include:
* 5.3% of gamblers in New Jersey only play online, while 19.2% wagered online and at Atlantic City casinos.
* Only 28% of those who opened an account at New Jersey online casinos actually played for real money. It should be noted that anyone in the world can open an account but you need to prove that you are physically located in the state (and of legal age to wager) in order to actually play for real money at these sites.
* New Jersey is home to 5 online gambling operators who, between them, run 14 brands.
* Nearly 70% of those who gamble online in New Jersey are registered with only one site, while 19% are registered with two sites. A minuscule percentage have accounts on all the platforms, while 3% are registered on five sites.
* 76.7% of New Jersey online gamblers are men, however, more women than men made up the top 10% of online gamblers, ie. those who wagered the most amount of money and placed the largest number of bets.
* In one incredible example, it was shown that one player wagered $78.76 million during the 2015 calendar year.
* New Jersey online casinos won $150 million last year.
* The most popular time to place an online wager is between 3 am and 6 am, with the average bet being $5.
* Nearly 50% of online gamblers live in Northeastern New Jersey in the Gateway Region, while less than 5% live in the Greater Atlantic City region.
In the report’s summary, it was stated: “Online gamblers in New Jersey tend to be younger than traditional land‐based gamblers, and predominantly male, outnumbering women by a ratio of 3:1. These findings are consistent with results from the recent New Jersey prevalence survey, which identified a bell curve configuration based on age; the youngest and oldest age groups are underrepresented among online gamblers, and a majority of gamblers are ages 25 to 44. One in five players gambled across all three platforms – casino, poker and tournaments.”