Noticias de ultima
  • 12.00 La edición de SiGMA East Europe se traslada a Budapest con Affiliate World
  • 12.00 iGB Live 2024 concludes today its biggest edition in Amsterdam
  • 12.00 Brazilian Chamber of Deputies includes gambling in "Sin Tax" List
  • 12.00 iGaming in Mexico Webinar: What legislative changes are imminent and what should operators know about them?
  • 12.00 SiGMA East Europe edition moves to Budapest with Affiliate World
  • 12.00 MERKUR Community support England Hockey's Olympic Legacy vision
  • 12.00 Macau casino market recovers but very slowly
  • 12.00 IBIA Reports Surge in Suspicious Betting Activity in eSports, Global Alerts Spike in 2Q
  • 12.00 Bingo Madrid customers already enjoy Fu Frog by Zitro
  • 12.00 Steps for Success: How to start iGaming business in 2024, by Uplatform
Analysis

Online Gambling and Sports Wagering: Comparing Nevada and New Jersey

Tuesday 02 de July 2024 / 12:00

2 minutos de lectura

(United States, SoloAzar Exclusive).- In this article, we are going to compare two key markets for online gaming and sports betting in the United States: Las Vegas and New Jersey. Both markets, with their particularities and regulations, offer a fascinating panorama for enthusiasts and professionals in the sector.

Online Gambling and Sports Wagering: Comparing Nevada and New Jersey

Las Vegas: Known worldwide as “Sin City,” it has been the epicenter of in-person gambling for decades. However, with the arrival of the digital age, it has been able to adapt and now also shines in cyberspace. Online gaming offers an experience that attempts to replicate the opulence and excitement of its land-based casinos, with the advantage of being available 24/7 for players across the country.

New Jersey: It has been a pioneer in the legalization and regulation of online gaming. Since the passage of its legislation in 2013, it has established a robust model that has served as an example for other states. Operators offer a wide range of online games and sports betting, with the particularity that many of these services are linked to the state's physical casinos, creating an integrated and regulated ecosystem.

Regulatory and Market Differences While Las Vegas operates under Nevada laws, which have traditionally been more permissive on gambling, New Jersey has implemented a regulatory framework that promotes fair competition and consumer protection, resulting in a highly competitive market. and diverse.

Innovation and Technology Both markets have adopted emerging technologies to improve the user experience. Virtual reality, live games with real dealers and mobile platforms are just some of the innovations that have enriched the online gaming offer.

Economic and Social Impact Las Vegas has seen online gaming complement its land-based casinos, while in New Jersey, online gaming has had a revitalizing effect, generating significant revenue for the state and creating new jobs.

Conclusion: Two Models, One Goal Although Las Vegas and New Jersey differ in their approach and regulation of online gaming and sports betting, both seek to offer a safe, fair and exciting experience for players.

Over time, these differences could converge as other states look to these two giants to guide their own regulations in online gaming and sports betting. 

Player profile

-Las Vegas has attracted a diverse crowd, but in recent years, younger players, between 18 and 45 years old, began to represent a significant portion of visitors. While the gender gap has narrowed, there is still a bias toward men in land-based casinos. Players are looking for excitement, opulence and a unique experience. Social interaction, shows and nightlife are also attractive.

-In New Jersey, online gamblers tend to be young, with a strong presence of millennials and generation Z. Although female participation has increased, men remain the majority in online sports betting. Bettors are looking for the convenience and accessibility of digital betting. Access to mobile applications and websites has driven the growth of the market.

Differences: Regulation and demographics

-New Jersey has been a pioneer in the legalization and regulation of online gambling. They were one of the first states to legalize it, and currently, it is one of only six states where players can access legal online casinos.

-Meanwhile, Las Vegas has adapted its traditional approach to the digital world. They attract a broader audience due to their focus on general entertainment, while New Jersey focuses on online gamblers."

Similarities: Innovation and motivation

-Both markets have adopted emerging technologies to improve the user experience. Likewise, players look for excitement, entertainment and the possibility of winning.

Online gaming in numbers

In 2024, it is estimated that Las Vegas will generate $1.5 billion in revenue from online games, 12% more than in 2023. The number of online players in the city is also on the rise, reaching the million. In New Jersey, the online gaming industry is also thriving, with projected revenues of $1 billion in 2024, up 15% from the previous year. The state is home to 800,000 online players, which makes it a key market for the industry. These numbers reflect the growing popularity of online games across the country.

In short

Although Las Vegas and New Jersey differ in their approach and regulation, they both seek to offer a safe, fair and exciting experience for players. Over time, these differences could converge as other states look to these two giants to guide their own regulations in online gaming and sports betting.

Categoría:Analysis

Tags: Sin tags

País: United States

Región: North America

Event

PGS, Perú Gaming Show 2024

12 de June 2024

Emotional tribute to Manuel San Román Benavente at PGS 2024

(Lima, SoloAzar Exclusive).-During PGS 2024, a moving posthumous tribute was carried out to the engineer Manuel San Román Benavente who died at the age of 74 and was General Director of the Casino of games and slot machines of the Ministry of Foreign Trade and Tourism of the Peru.

Friday 12 Jul 2024 / 12:00

GLI Perspectives on Gambling Regulation in Latin America

(Lima, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Georges Didier of Gaming Laboratories International (GLI), offers his perspectives on the evolution of gaming regulation in Latin America and the crucial role of GLI in this dynamic landscape.

Friday 12 Jul 2024 / 12:00

Implementation of robust identity verification systems by 2024 expected

(Lima, Exclusive SoloAzar) - During the conference "Knowing your players, AI, and fradue" at the Peru Gaming Show, Samer Atassi, Vicepresident for Latam at Jumio, addressed the growing concern about online gambling security and highlighted the importance of knowing your players to prevent fraud and protect minors.

Thursday 11 Jul 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO