New Jersey Online Gambling
Legal New Jersey online gambling and land based casino news.
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Internet Gambling Growth Slows in New Jersey
ATLANTIC CITY, N.J. (Associated Press) — The growth of New Jersey's Internet gambling market slowed somewhat in its third full month of operation, with the Atlantic City gambling websites posting a nearly 9 percent revenue increase in February.
The 16 online gambling sites had posted a 28 percent gain in January, to $9.5 million. In February, the online sites won $10.3 million.
60 Minutes Sports, New Jersey Online Sports Betting and the Mob (Video)
“60 Minutes Sports” featured a segment asking the question whether legalized online sports betting in the state of New Jersey might actually serve to eradicate the Mob.
Bookmakers and organized crime members have long profited in the high-stakes world of illegal sports gambling, CBS News notes.
Hard Rock Could Purchase Revel Casino in New Jersey
ATLANTIC CITY, N.J. (Associated Press) - The Seminole Indian tribe of Florida, through its Hard Rock franchise, has indicated a renewed interest in the Atlantic City casino market.
Hard Rock, the global casino and entertainment company, asked New Jersey gambling regulators for a ruling on whether the tribe would need to qualify for a casino license should the company acquire or build one here.
Hard Rock has been rumored for months to be interested in the struggling Revel Casino Hotel, whose owners are considering selling it.
Harrah’s WSOP Philadelphia Circuit 2014 Schedule: Could Capitalize on NJ Web Poker
Harrah’s WSOP Philadelphia Circuit 2014 schedule has been announced and could look to capitalize on New Jersey’s legalized Web gambling market.
This will be one of the biggest poker tournaments to take place since New Jersey launched real money online poker in late November.
The WSOP Philadelphia Circuit 2014 tournament take place April 16 and goes through April 28.
Harrah’s Atlantic City hosted a leg of the WSOP Circuit in early December during the first week of New Jersey’s online poker launch.
North vs. South in New Jersey Gambling Expansion Debate
North New Jersey lawmakers want a casino in the Meadowlands, just a minutes drive away from Manhattan (barring rush hour). South Jersey lawmakers want gambling to be inclusive to Atlantic City.
Lawmakers Mull Idea of Having Casino in Meadowlands, Minutes From Manhattan
TRENTON, N.J. — (Associated Press) - Some New Jersey lawmakers want to study whether casino gambling should be expanded to the Meadowlands sports complex in East Rutherford.
A state Assembly committee is scheduled to discuss a bill Thursday that would create a commission to study the issue. But the committee isn’t expected to vote on the measure.
Casino gambling expansion proposals have been hotly opposed by southern New Jersey lawmakers. They fear it would destroy the already-struggling Atlantic City casino market.
Bwin.Party Shares Up Another 3.5 Per Cent as Ader Prepares His Move
Bwin.Party shares continued to climb on news that an activist investor, Jason Ader, was getting ready to hand pick someone new to join that online gambling firm’s board. Shares rose another 3.5% Wednesday following the February 18 news.
Can I Play Online Casino Games in My New Jersey Hotel Room: PartyGaming, Virgin
So I am sitting in my hotel room here in New Jersey, back from a conference, wishing I could get to New York City or Philadelphia and this ad pops up on television for PartyGaming. “Wow!” I’m thinking to myself. “I can actually be playing online casino games right here in my hotel room before dinner?”
“Oh wait! I don’t see ads for PartyGaming on TV in my home town so this might just be a New Jersey/New York thing.”
2014 NJSOA - NJLESA Poker Tournament to Benefit Sandy Relief March 7
Hey poker fans, the 2014 NJSOA/NJLESA Poker Tournament, which we at Gambling911.com like to call the Super Storm Sandy Relief Tournament, will be held this coming March 7 at the Tropicana Casino Poker Room in Atlantic City.
Tropicana Casino Poker Room 2831 Boardwalk Atlantic City, NJ 08401 (609) 340-4000
(All participants are encouraged to arrive early. Participants must register for a free Trop Advantage (players) Card in order to enter the tournament)
Christie Appeals New Jersey Sports Betting Ban Ruling
New Jersey Governor Chris Christie has asked the U.S. Supreme Court to overturn a 22-year-old federal law that prohibits legalized betting on sports.
The state filed its appeal last week. It was only made public on Tuesday (February 18, 2014).
Man Behind the Curtain of IGT Shakeup Now Looks to Pull Strings at Bwin.Party
For long time readers of Gambling911.com this may all seem like déjà vu. It was reported Tuesday that an activist investor could be looking to shake things up at online gambling giant Bwin.Party.
Breakup of Bwin.Party Possible With Activist Fund Taking Stake in Company
The Financial Times of London is reporting that a New York-based activist hedge fund will be taking a stake in struggling Bwin.Party.
SpringOwl, which is managed by the activist fund Cumberland Associates, has “agreed in principle” to purchase around 6.1 per cent of Bwin.Party from the group’s founders, Ruth Parasol and Russ Deleon.
As part of the deal, SpringOwl will have the right to appoint one director to the board.
Former Baltimore Ravens Star Ray Rice Arrested at Revel Casino in Atlantic City
ATLANTIC CITY, N.J. (Associated Press) — Atlantic City police said Baltimore running back Ray Rice was arrested at a casino after an argument with his fiancée turned physical.
Atlantic City police said that Rice and Janay Palmer were arrested on simple assault charges and were released on a summons after an incident at the Revel Casino early Saturday morning. Both Rice and Palmer declined medical attention, and neither reported any injuries
Online Gambling Gold Rush: Adelson was Once Poised to Operate Web Casino
In a 2007 piece appearing in the San Francisco Chronicle, Thomas Somach wrote extensively on the potential for an Internet Gambling gold rush in the US where land-based casinos and even the likes of Disney could get into the fray.
Cell Phones May Boost Internet Gambling in New Jersey
ATLANTIC CITY, N.J. – (Associated Press) - Internet gambling analysts and casino executives say the increased use of cellphones to place bets could accelerate the growth of the nascent industry in the state.
“Mobile applications will play an enormous piece of the puzzle in online wagering, which is why we are so positive and see so much upside in months ahead,” said Joe Lupo, senior vice president of the Borgata Hotel Casino & Spa, which began offering gambling Monday over Android cellphones on 3G and 4G networks.
New Jersey Online Gambling Expected to Triple in 2014
The Daily Record of New Jersey describes how that state’s new online gambling sector is expected to triple by year’s end.
Former Atlantic City Mayor Claims Caesars ‘Meddling in Atlantic Club Future’
ATLANTIC CITY, N.J. (Associated Press) — A state senator says the company that bought the former Atlantic Club Casino Hotel wants to make sure it never reopens as a casino.
James Whelan, a former mayor of Atlantic City, wrote this week to New Jersey casino regulators complaining about what he says are attempts by Caesars Entertainment to prevent a future buyer from operating the property as a casino. He said the company is seeking a deed restriction to be part of any future sale of the property dictating that it cannot be used as a casino again.
NJ Online Gambling Operators Hamstrung by Credit Card Authorization Problems
The Financial Times on Thursday noted that New Jersey may not be living up to expectations where its burgeoning online gambling industry is concerned. The main obstacle: getting through the signup process, and that includes getting money on the respective websites.
From the Financial Times:
But operators are hamstrung by teething problems that include getting credit card companies to process deposits and the slow process of website registration.
New Jersey Online Gambling Revenue Numbers Released: 28 Percent Increase
Internet gaming win for January 2014 increased 28% from the $7.4 million reported in December 2013.
As of January 31, 2014, 197,782 Internet gaming accounts have been created since the beginning of soft play on November 21, 2013.
Based upon filings with the Division of Gaming Enforcement, total gaming win from the casino hotels and Internet gaming operations totaled $195.7 million in January 2014,compared to $205.2 million in casino win last January.
- Aaron Goldstein, Gambling911.com
Shares in 888.com Up: Growth in New Jersey Online Gambling Market, Eyeing CA
Shares in 888 holdings (888.com) were up 4.2 percent higher Tuesday to 145.3p on positive news that it may be increasing its market share in New Jersey.
Until now, Party Poker has captured more than half the New Jersey online gambling market.
Paris Hilton Wins $50k in Blackjack at Atlantic City Casino Following DJ Gig
Socialite, reality TV star, pop singer and now….DJ, Paris Hilton, reportedly won $50,000 playing blackjack at an Atlantic City casino immediately following a DJ Gig in the seaside gambling resort that paid out $100,000.
Hilton won the money Saturday night according to TMZ.com.
Paris kicked off her residency at Harrah's "Pool After Dark" with a blowout -- DJ'ing for a sold out crowd -- and sources tell TMZ, she got paid $100,000 for the job.
NJ Gamblers May Have Self-Ban From Casinos Without Admitting Problem
(Associated Press) — New Jersey is considering letting people ban themselves from casino or Internet gambling without having to admit they have a gambling problem.
The state's voluntary self-exclusion lists permit people to sign up and request that they not be admitted to casinos or allowed to gamble online. But the law currently requires them to attest that they have a gambling problem.
A bill that cleared a state Assembly committee on Thursday would let people sign up for the lists without having to admit they are compulsive gamblers.
Zynga Shares Rise With UBS Upgrade to ‘Buy’
Social gaming giant Zynga witnessed its biggest share price surge in nearly a year Tuesday thanks to a positive upgrade.
UBS raised its rating on the game maker's stock to "buy" from "neutral," saying Zynga's core operations had begun to stabilize under the new management team and that its $527 million acquisition of mobile game developer NaturalMotion would result in more scale and innovation at Zynga.
Poll Finds More New Jersey Residents Prefer Pot Over Online Gambling
ATLANTIC CITY, N.J. (Associated Press) - A new poll finds more New Jersey residents want to smoke pot than gamble over the Internet.
A Fairleigh Dickinson University PublicMind poll finds 41 percent of respondents would support smoking marijuana recreationally if it became legal.
That compares to only 32 percent who support gambling over the Internet, which is legal in New Jersey now.
The poll finds support for online gambling has fallen, even as it enters its third full month and more than 150,000 online gambling accounts have been set up in the state.
Royal Flush: $2.7 Mil in Counterfeit Poker Chips Found Clogged in Borgata Pipe
ATLANTIC CITY, N.J. – (Associated Press) - A clogged pipe at an Atlantic City, N.J., casino has led to the discovery of $2.7 million in counterfeit poker chips that had been flushed down a toilet.
Authorities say a Fayetteville, N.C., man sneaked fake chips into a poker tournament at Atlantic City's Borgata casino, leading to the cancellation of one of its events last week.
Christian Lusardi was arrested Friday on charges including theft and rigging a public contest. It's unknown if he has a lawyer.
New Jersey Looking at Massive Online Gambling Expansion Beyond its Borders
ATLANTIC CITY, N.J. — (Associated Press) - Two New Jersey lawmakers have introduced a bill that would drastically expand Internet gambling in the state, allowing it to take bets from other states and countries.
New Jersey Online Gambling: Steve Wynn Wants in and Getting Waiver
John Brennan of the Bergen Record is reporting that casino mogul Steve Wynn is about to get a waiver to enter the New Jersey online gambling marketplace. He was not among the original applicants.
Brennan writes:
Virgin Launches New Jersey Online Gambling Site This Week
Richard Branson wants a piece of the online gambling market in New Jersey as his Virgin Group is set to launch a real money site there this week.
VirginCasino.com is due to launch on Friday. It was one of 15 approved last fall to operate in the Garden State. Governor Chris Christie signed a bill into law allowing real money online gambling sites offering poker, roulette and blackjack.
The Virgin Group has teamed up with the Tropicana and online game maker Gamesys.
New Jersey WSOP.com Online Championships Start Sunday, Run Until Feb 2
WSOP.com is offering the New Jersey online championships, which features a special $250,000 Invitational Freeroll to kick it off. There are actually two $250,000 freerolls that will be held during the Online Championships, one on January 19 for new depositors and one on February 2 (Super Bowl Sunday) for anyone who played in at least one event.
Borgata Cancels Winter Poker Open Event Due to Fake Chips
New Jersey state gaming regulators found that one or more entrants participating in a $2 Million Guaranteed Borgata Winter Poker Open event used a significant number of counterfeit chips.
The Borgata Winter Poker Open is among the most highly anticipated tournaments on US soil.
No charges have been filed in the case.
