State & Local

How Casinos, States Are Winning Big From Online Gambling

Stateline: For the past few years, New Jersey casinos have been losing money like most of their customers — consistently. But in the last six months, the popularity of casino-sponsored online betting has reversed the fortunes of Atlantic City’s gambling palaces, cheering both casino owners and state revenue officials.

New Jersey is one of only three states — Nevada and Delaware are the others — where in-state bettors can log on to websites run by casinos and gamble from the comfort of their couches, rather than going into a glitzy and noisy casino.

Gambling experts say casinos that sponsor their own online wagering are making a smart play for millennials, many of whom prefer online gambling. At least eight states (California, Hawaii, Illinois, Michigan, New Hampshire, New York, Pennsylvania and West Virginia) are considering legalizing casino-run online wagering this year.

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