June 18, 2017 (Washington, D.C.)  An economic report released today that examines the effects of interactive gaming on the state of New Jersey finds that the industry is generating tax revenue, adding jobs and spurring technological innovation, with little of the negative impact once anticipated by opponents.

In their paper “Economic Impact of New Jersey Online Gaming: Lessons Learned,” researchers Alan Meister, Ph.D. of Nathan Associates and Gene Johnson of Victor analyzed financial and sociological data accumulated since the 2013 passage of the law permitting online gaming in the United States.

Sponsored by the trade association iDEA (iDevelopment and Economic Association), the study finds that, from its inception through 2016, New Jersey iGaming has directly and indirectly generated a grand total of:

$998.3 million in output