Numbers Show New Jersey Casinos Thriving From Sports Betting

One year after the U.S. Supreme Court allowed states to legalize and regulate sports betting, New Jersey casinos are thriving from internet gambling, and there are no signs of cannibalization, gaming executives said Wednesday during the 23rd annual East Coast Gaming Congress in Atlantic City.

“There was a fear, concern, expectation or whatever you want to call it that people would walk out of the casino and go home and play on their phones, never to return,” said Melanie Gross, vice president of online casino and sports for Caesars Interactive Entertainment.

“What we have found is that exactly the opposite has occurred,” Gross said.

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