Internet gambling, which began in New Jersey on Nov. Most sports were shut down as well, and there was little to bet on. But that extra money came in handy in 2020, when Atlantic City’s nine casinos were closed for 3 1/2 months at the beginning of the COVID19 pandemic, and internet gambling was just about the only money they had coming in. Internet gambling is not a total windfall for the casinos, who must share part of what they win from online casino games and sports bets with third parties including tech platforms. In terms of tax revenue assessed on internet casino bets over those same time periods, Pennsylvania generated $1.83 billion New Jersey and Michigan each generated $1.03 billion Connecticut generated $88.4 million West Virginia generated $44.2 million and Delaware generated $19 million. 2021 West Virginia generated $294.7 million since July 2020, and Delaware generated $59.1 million since Nov.

2021 Connecticut generated $615.3 million since Oct. 2013 Pennsylvania generated $4.34 billion since July 2019 Michigan generated $4.1 billion since Jan.

Through September of this year, New Jersey generated $6.91 billion since Nov. Collectively, internet gambling has generated $16.3 billion in revenue for the states that offer it, according to the American Gaming Association, the gambling industry’s national trade group. Legal internet gambling in New Jersey leads the nation in the amount of taxes paid to governments and money won by gambling companies. “I’ve met people that I go to lunch with.

“There’s a lot of things to do there,” said Vallaster, who once won $14,000 online. Lawmakers plan to try again next year.Įlaine Vallaster of New Jersey has been playing internet slots for about three years on the site, where she also likes the free bingo games and a chat function that has enabled her to make several friends with whom she socializes in real life. A report from the state’s Legislative Services Agency warned of that, citing “loss of tax revenues from displacement of gaming activities at brick-and-mortar casinos and racinos” of $134 million to $268 million a year. One of those states may be Indiana, where an online casino bill died in February due in large part to fears that it would hurt the state’s existing physical casinos. “Online casino has always been a tough sell,” Krafcik said.

What states have online casinos