Internet gambling was widely credited with helping Atlantic City’s casinos stay afloat during 3 1/2 months of shutdowns in 2020 at the start of the pandemic, as well as in the lean months that followed the casinos reopening, as many gamblers remained wary of venturing out to crowded indoor spaces. That does not include money from online sports bets. Since New Jersey began taking internet bets in November 2013, Atlantic City’s casinos and their online partners have won $6.29 billion from gamblers, according to the American Gaming Association, the casino industry’s national trade group. “It sends the wrong message to companies interested in being involved in internet gaming.” “Reducing the time from 10 years to five years is the wrong way to go,” said Heneghan, who previously covered the Atlantic City gambling industry as a newspaper reporter and then worked as a spokesperson for the state Casino Control Commission. Daniel Heneghan, a gambling industry consultant, said the changes may already have damaged New Jersey’s nation-leading internet gambling market.
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