Elaine Vallaster reacts to a winning spin while playing an internet slots game on her tablet in Hazlet on Friday, Nov. 24, 2023. Internet gambling is currently offered in seven states but has been slow to catch on more widely in the U.S. Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos.
Elaine Vallaster is reflected in the screen of her tablet while playing an internet slots game in Hazlet on Friday, Nov. 24, 2023. Internet gambling is currently offered in seven states but has been slow to catch on more widely in the U.S. In contrast, 38 states plus Washington D.C. offer legal sports betting, the overwhelming majority of which is done online, mostly through cell phones.
“Since 2018, FanDuel has paid $3.2 billion in taxes,” he said. “That’s a lot of teacher salaries, a lot of police officers and firefighters.” But recently, some casino executives have said they believe online gambling is hurting the revenues of brick-and-mortar casinos. Rob Norton, president of Cordish Gaming, which owns physical casinos and internet gambling operations, has become one of the loudest voices raising the alarm that online gambling is hurting established physical casinos.