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Growth But Not Expansion In US Internet Gambling Market

ATLANTIC CITY, N.J. (AP) — Internet gambling is slowly growing — but not expanding — after 2 1/2 years of online betting in the United States.

Online gambling revenue is increasing in at least two of the three states that currently offer it — New Jersey and Delaware; Nevada doesn't report Internet revenue separately.

But a hoped-for wave of expansion to other states has not happened as many states sit on the sidelines and assess the costs and benefits of the nascent industry.

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It faces threats from politicians pushing a nationwide ban on Internet betting, as well as continuing hesitance from some credit cards to fund online gambling transactions.

The San Francisco-based Gambling Compliance organization predicts either California or Pennsylvania will approve Internet gambling next year, followed by New York and Mississippi in subsequent years.