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New Jersey Online Gambling
Legal New Jersey online gambling and land based casino news.
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A New Jersey legislator is pushing for a change to the state's gambling laws that would enable the owner of the former Revel casino to reopen it without getting a casino license.
That is some surprising news. The most expensive hotel-casino of Atlantic City, that cost $2.4 billions to build, is going to reopen some of its parts. Shut down in September 2014, the former Revel Casino may not be completely dead yet.
Located at the end of the Bordwalk in AC, the Revel Casino was the most expensive casino in the city. The story began in April 2, 2012 when the casino opened its doors for the first time.
(Associated Press) - A U.S. appeals court wondered aloud if New Jersey would become "the Wild East," if not "the Wild West," if it allows sports betting at racetracks and casinos but leaves the industry to police itself.
Our sister site BettingNewJersey.com has all the latest news as it relates to online gambling in New Jersey.
New Jersey Gets Rare en Banc Rehearing in Sports Betting Case - New Jersey has another chance to make its case to offer traditional sports betting at Monmouth Park and other racetracks and casinos, getting a rare en banc rehearing Wednesday from the federal Third Circuit Court of Appeals in Philadelphia.
Online gamblers love their casino games, whether they be slots, video poker, or table games such as blackjack or baccarat. Unfortunately, most of the punters located in the United States are required to continue visiting unlicensed and offshore casinos, as the government of the United States has failed to take any meaningful steps toward regulating the activity within their borders.
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Amaya Gaming owned PokerStars, the world’s largest real money online poker site, and Full Tilt Poker have finally been granted a New Jersey Web gambling license after well over a year of wrangling.
ATLANTIC CITY, N.J. (Associated Press) — New Jersey gambling regulators won't prosecute companies that help facilitate illegal Internet gambling if they knock it off within 150 days.
New Jersey has released its February online gambling revenue numbers and they are not very good. A decline of nearly 11 percent was seen from January.
A new credit card code is set to be introduced for online gambling in New Jersey come Springtime, thus helping to reduce decline rates.
Reports suggest that the approval rate for Visa cards has been around 73% on average for Visa with a dismal 44% for Mastercard. American Express does not allow transactions for online gambling at this time.
While online gambling is legal in New Jersey, many credit card issuing banks, including Wells Fargo, have refused to allow transactions for Web gambling due to federal legislation.
Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.
ATLANTIC CITY, N.J. (Associated Press) - Atlantic City's casino industry saw its operating profits rise in the third quarter of this year, helped by Internet gambling money and the absence of large losses racked up last year by weaker casinos.
The casinos reported a gross operating profit of $147.5 million in July, August and September, up 7.2 percent from the same period a year ago. Those numbers include comparisons with four casinos that have since closed, some of whom lost large sums in summer 2013.
ATLANTIC CITY, N.J. – (Associated Press) - A Morris County woman has won New Jersey's largest Internet gambling jackpot, a $1.3 million payout from an online slots game.
Cathy Ruela was playing the "Millionaire Genie" game on the Harrahscasino.com site on Nov. 6 when the genie on her computer screen broke open the chains on a treasure chest and a box popped up, announcing she had won a jackpot of more than $1.3 million.
The 31-year-old says she has been playing sporadically since February, usually about $20 or $30 at a time.
ATLANTIC CITY – (Associated Press) - Authorities have fined an Internet gambling firm $10,000 for soliciting more than 250 people who voluntarily excluded themselves from gambling in New Jersey.
State Gaming Enforcement Division spokeswoman Kerry Langan tells The Press of Atlantic City the fine against Caesars Interactive Entertainment is the first imposed since New Jersey launched online gambling last year.
Casinos and online operations are forbidden from sending promotional materials to gamblers who voluntarily ban themselves.
In a recent poll of New Jersey residents conducted by Rutgers-Eagleton it was discovered that only 7% of respondents had actually tried gambling on one of the state’s regulated online gambling sites and only 5% said the activity was good for Atlantic City’s troubled gambling industry.
23% said online gambling made no difference for Atlantic City, and 17% said they were not sure.
NEWARK, New Jersey — (Associated Press) - Four major professional sports leagues and the NCAA filed a court challenge to the state's latest attempt to offer legal sports gambling on Monday, calling the effort "astounding," ''specious" and a "blatant violation" of an earlier court order.
Get the full run-down of the New Jersey online gambling industry since it first opened in November 2013.
So in case you’ve been living under a rock for the past year, online gambling has officially become legal in the state of New Jersey. Despite the struggling casino industry in Atlantic City, it seems that online betting in New Jersey has already taken off. Within just six weeks after the market opened back in November 2013, the online gambling industry generated $8.6 million.
LAS VEGAS - Ultimate Gaming announced today that it has terminated its online gaming agreement with Trump Taj Mahal Associates LLC, which filed for Chapter 11 bankruptcy protection. The agreement was terminated due to multiple breaches by Trump Taj Mahal Associates. As a result of the termination, Ultimate Gaming will be withdrawing from the New Jersey online gaming market. Ultimate Gaming will continue to maintain its existing online poker operations in Nevada through UltimatePoker.com.
New Jersey Governor Chris Christie told the Las Vegas Review-Journal that he and Nevada Governor Brian Sandoval discussed possibly combining both states online poker player pools during a gaming conference in the Garden State on Monday.
(Associated Press) - Two Trump casinos in Atlantic City are in turmoil as the closing of Trump Plaza nears.
Trump Plaza is considering keeping its Internet betting operation online after the physical casino closes Sept. 16, and the Taj Mahal is experiencing money problems.
In a petition to New Jersey casino regulators, Trump Entertainment Resorts says it might try to keep its Internet gambling operation with online partner Betfair going after Trump Plaza closes on Sept. 16.
ATLANTIC CITY, N.J. (Associated Press) — They've turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance.
"We're praying for God to open new doors to them," said the Rev. Eric McCoy, president of the Atlantic City Fellowship of Churches.
(Associated Press) - Developments about the future of gambling in New Jersey came out of Atlantic City, Trenton and the Meadowlands on Tuesday.
— MEADOWLANDS CASINO ... AND MONORAIL
Business leaders laid out plans to transform the Meadowlands into a multi-venue entertainment district, with casinos, hotels, a convention center and even a monorail. Jim Kirkos, head of the Meadowlands Regional Chamber of Commerce, said the goal isn't to build a new Atlantic City. He and others say the upside is huge, given the millions of people within a short drive.
TEANECK, N.J. (Associated Press) - A new poll found that half of New Jersey residents oppose opening casinos outside Atlantic City.
The idea is being promoted by some lawmakers as a way to raise money that would go to Atlantic City, where casinos are struggling.
Fairleigh Dickinson University's PublicMind poll released Monday found that 50 percent of New Jersey adults oppose the idea of opening gambling halls outside Atlantic City, while 42 percent favor the idea.
On Thursday, New Jersey Governor Chris Christie signed into law a measure that permits residents to ban themselves from playing at any of the state’s casinos or licensed online gambling websites.
New Jersey State Senator Raymond Lesniak (D-Union) will attempt to get around a sports betting ban by pushing through legislation with strong bipartisan support in hopes that Governor Chris Christie signs the bill into law.
Christie has long supported the legalization of sports betting in New Jersey but the professional sports leagues and NCAA successfully blocked such efforts in the court.
From the Newark Star Ledger:
ATLANTIC CITY, N.J (Associated Press) - Police are seeking two masked suspects who robbed an Atlantic City casino at gunpoint and made off with more than $180,000.
The heist occurred Monday morning at Caesars Atlantic City.
A law enforcement flier obtained by The Press of Atlantic City says the suspects fled in a car with two plastic boxes containing more than $180,000 in cash.
Police are not releasing any details.
(Associated Press) - A Wall Street firm that was among the most pessimistic about the prospects for Internet gambling in New Jersey has cut its already-conservative estimate on the state's first-year online winnings by more than half.
Tuesday's move by Fitch Ratings comes a day after New Jersey reported a third straight monthly decline in the amount of money won by the state's Internet betting operations, partnered with Atlantic City casinos.
The online casinos won $9.5 million in June, and have taken in $63 million for the year.
It’s no secret that online poker in the state of New Jersey has underperformed.
Ultimate Poker, one of a handful of online gambling firms licensed by the New Jersey Gaming Commission, announced on Friday September 19, 2014 it would be leaving the New Jersey online gambling market after the Taj Mahal announced pending bankruptcy.
Robert Dellafav of OnlinePokerReport.com predicted the exit earlier this summer.
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