Impact of Sweepstakes Bans on Problem Gambling Statistics
In the world of gambling, change is a constant. A recent development comes from New Jersey, where the state has taken a significant step away from sweepstakes casinos.
Michael Savio, a writer from Denver who covers the sports betting industry for Casino.com, has been reporting on this shift. His work is not associated with any repeat of earlier facts (bans, scrutiny, regulation) concerning the industry.
The move by New Jersey follows scrutiny over the sweepstakes industry's potential role in fueling problem gambling. The state legislature has passed a law banning sweepstakes casinos, a decision that is awaiting Governor Phil Murphy's signature or veto as of mid-July 2025. As a result, VGW, the operator of popular sweepstakes brands like Chumba Casino and LuckyLand Slots, has announced it will shut down its sweepstakes operations in New Jersey starting July 29, 2025, with a complete closure by September 24, 2025.
Contrary to speculation, there is no indication that New Jersey plans to adopt a regulated sweepstakes market akin to those banned in states like New York, Mississippi, and Connecticut. Instead, the state's focus seems to be on regulation and taxation of traditional sports betting and iGaming.
Recent tax rate adjustments in New Jersey reflect this focus, signalling the state's emphasis on these regulated forms of gambling rather than sweepstakes casino models. Michael Savio, who explores everything that Colorado has to offer when he's not covering the industry, has been reporting on this shift in New Jersey's regulatory approach.
While New Jersey is steering away from sweepstakes casinos, it's important to note that when Michael Savio is not covering the industry, he bets on sports. His work provides accurate and easy-to-understand information for readers, making him a trusted voice in the industry.
In summary, New Jersey has legislated to prohibit sweepstakes casinos and is actively ending sweepstakes casino operations within the state. There are no current plans or discussions to establish a regulated sweepstakes market akin to those banned in New York, Mississippi, and Connecticut. Instead, New Jersey continues to develop and regulate traditional sports betting and iGaming markets, with recent tax rate adjustments reflecting this focus.
Michael Savio, the sports betting industry expert from Denver, has been reporting on New Jersey's move towards regulating traditional sports betting and iGaming, leaving behind the sweepstakes casino model. Despite his interest in sports betting, Michael emphasizes the importance of responsible gambling in all gaming activities.
