New Jersey Online Gambling
Legal New Jersey online gambling and land based casino news.
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Supreme Court Will Allow Ban on Sports Betting to Remain in New Jersey
WASHINGTON (Associated Press) — The Supreme Court on Monday left in place a ban on sports gambling in New Jersey, rebuffing an attempt to bring betting on professional and college sporting events to Atlantic City casinos and the state's racetracks.
The justices did not comment in letting stand lower court rulings that struck down New Jersey's sports betting law because it conflicts with a federal law that that allows state-sanctioned sports gambling only in Nevada and three other states.
Resorts International Inks Deal With Sportech: Could Join Forces With PokerStars
ATLANTIC CITY — (Associated Press) - An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to get in the game.
Resorts Casino Hotel announced partnerships late Friday with European firms Sportech and NYX Gaming to offer Internet gambling.
They will join PokerStars and Full Tilt Poker to form an online betting option that could rival New Jersey’s market leaders, Borgata and Caesars Interactive.
PokerStars Buyer Will Begin Talks With New Jersey Casino Regulators to Enter Market
ATLANTIC CITY, N.J. (Associated Press) - A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world's largest Internet poker site operate legally in the state, the state's top casino regulator said.
Poll Finds New Jersey Would Stick With Atlantic City Casinos
(Associated Press) - A new poll finds most New Jersey gamblers would continue to play in Atlantic City even after four new casinos are built in New York.
But the Fairleigh Dickinson University PublicMind poll also has some bad news for the seaside gambling resort: at least 12 percent of customers who now gamble in Atlantic City would take their business to New York.
The poll released Monday finds 57 percent of New Jersey residents prefer to gamble in Atlantic City.
New York is in the process of adding four new casinos to the 14 it already has.
New Jersey Sees Sharp Decline in Online Gambling During Month of May
(Associated Press) - Internet gambling has hit a wall in New Jersey just six months after launching.
Figures released today by the state Division of Gaming Enforcement show the casinos' online operations took in $10.4 million in May, a decline of $1 million from April. Internet gambling revenues have now declined for two straight months in New Jersey.
But there was some good news in the numbers: Including Internet gambling revenue, and excluding the Atlantic Club, which closed in January, the casinos' total revenue was up nearly 1.3 percent.
Churchill Downs, Showboat Hotel Online Gambling Lawsuit Moved to NJ Court
As if things couldn’t get any worse in the Garden State for its new online gambling industry, Churchill Downs and Atlantic City’s famed Showboat Hotel and Casino are embroiled in a lawsuit over a vendor agreement.
Churchill Downs had entered into a deal to purchase the Showboat Hotel.
NLR Entertainment owner Nicholas Ribis was paid $2.5 million as “earnest money" by Churchill Downs to be the exclusive vendor of NLR for the period 2014 until 2021.
Slump in Online Gambling Adds to Christie’s Budget Woes
Bloomberg News on Monday evening reported what was already widely known throughout the gambling sector, that New Jersey has failed to meet its early expectations when it comes to their newly rolled out Internet gambling sector. Even some operators are stepping forward to say it’s been a complete disaster up to this point.
Brian Mattingley, chief executive officer of London- based 888, said in a telephone interview with Bloomberg News this weekend, “We are absolutely shocked by the slowness of the (New Jersey online gambling) market.”
888.com CEO on Internet Gambling in NJ: ‘We Are Absolutely Shocked by Slowness'
Brian Mattingley, chief executive officer of London- based 888, said in a telephone interview with Bloomberg News this weekend, “We are absolutely shocked by the slowness of the (New Jersey online gambling) market.”
And he’s not the only one.
New Jersey casinos are in the process of shifting their marketing focus from poker to the online casino, which traditionally has been the cash cow for internationally based Web betting firms.
Online Bet Startup Costs Shrink AC Casino Earnings
ATLANTIC CITY, N.J. (Associated Press) - Startup costs associated with Internet gambling, and the closure of one casino in January lowered Atlantic City's casino earnings by 8.4 percent in the first quarter of this year compared to the same period in 2013.
Figures released Thursday by the state Division of Gaming Enforcement showed the casinos had a gross operating profit of $38.7 million.
NJ Sports Betting Suit has Far Reaching Implications: Other States Offer Support
Last week, the U.S. Department of Justice (“DOJ”) and the four major professional sports leagues, as well as the National Collegiate Athletic Association (“leagues”), filed their long awaited response to New Jersey’s petition to the U.S. Supreme Court to hear their appeal regarding the state’s sports betting law. This decision has far reaching implications for the future of sports betting in the United States.
Hard Rock Mulls Over Possible Purchase of Atlantic City Revel Hotel
(Associated Press) - The president of the Seminole Indians' Hard Rock franchise says the company would consider buying Atlantic City's Revel Casino if the price were right.
Revel, Atlantic City's newest casino, is seeking a buyer or a partner for a joint venture.
Florida-based Hard Rock has been a long-rumored suitor for Revel and made preliminary inquiries earlier this year to New Jersey casino regulators about what license it would need if it pursued Revel.
NJ Bill Would Require Online Gambling Processors to Get 'Stricter' License
ATLANTIC CITY, New Jersey — (Associated Press) - New Jersey wants to subject companies that handle Internet gambling deposits and payments to stricter licensing requirements, in the hope it will make banks more willing to allow the use of credit cards to fund online betting accounts.
The reluctance of banks to allow credit card use to fund accounts is one of the main things holding back the growth of New Jersey's new Internet gambling industry.
Lesniak to Introduce Sports Betting Bill in NJ Despite Court Losses
State Sen. Ray Lesniak (D-Union) announced plans to unveil new legislation that would permit legalized sports betting at the state’s racetracks and casinos, threatening to call the bluff of the federal government regarding sports wagering.
New Jersey Attorney General Denies Access to Online Gambling Affiliates
Online gambling affiliates, some of whom had already obtained their vendor licenses in the state of New Jersey, were dealt a serious blow by that state’s Attorney General last week. But it is actually the casinos themselves that will feel the most pain.
New Jersey Assistant Attorney General George N. Rover informed those affiliates of state licensed online casinos that they would be restricted from directly targeting NJ residents or visitors unless they removed all links and banners from offshore gambling sites still conducting business in the state.
Internet Gambling Included in Pennsylvania State Budget
Lawmakers have made Internet gambling part of the Pennsylvania year’s state budget though few believe any measures would be signed into law in 2014.
The odds are stacking against Web gambling ever becoming legalized in the Keystone State.
World Series of Poker Hosts First Annual New Jersey Mayor’s Poker Tournament
Honorable Winner Will Receive $10,000 Donation for Local Charity of Their Choice
Atlantic City, N.J. – The World Series of Poker (WSOP) announced today that its online gaming platform WSOP.com will be hosting its inaugural New Jersey Mayor’s Poker Tournament on May 22 as part of the World Series of Poker National Championship week-long festivities in the newly WSOP-branded Bally’s Poker Room in Atlantic City.
New Jersey Internet Gambling Sees Decline in April
ATLANTIC CITY, N.J. (Associated Press) — New Jersey's fledgling Internet gambling industry saw its first monthly decline, falling slightly to $11.4 million in April.
In March, which had one more day of gambling than April had, Internet gambling brought in $11.9 million. Figures released Wednesday by the state Division of Gaming Enforcement show the average online take per day was $380,958 in April, down from $383,173 in March.
Caesars Could Close All Four of Its Atlantic City Properties: Harrah’s, Bally’s
In a conference call last week, Caesar’s Entertainment Corp. CEO Gary Loveman said his firm could not rule out closing some or all four of its Atlantic City casino properties as a means to cut costs.
CashBet is Coming to New Jersey: In Talks With Several Atlantic City Casinos
CashBet, a California-based and Alderney-licensed software platform provider and turnkey operator enabling online gambling for social and mobile games, revealed it will be offering its platform in the coveted US market by year’s end, specifically the state of New Jersey.
The company launched its real money online gambling platform in the UK on Thursday (May 8, 2014) with the casino game Casino Island Adventure from leading developer Gamzio, Inc.
New Jersey Woman Falsely Claims Identity Theft After 10K Online Gambling Loss
A Jackson, New Jersey woman claimed she had her identity stolen after losing $10,000 to a state-licensed online gambling site. State police charged the woman Monday with Theft by Deception.
John Brennan of The Record published the New Jersey State Police statement on this matter:
New Jersey Sports Gambling Tab Comes in at $2.8 Million and Rising
NEWARK, N.J. (Associated Press) — New Jersey's bid to legalize sports gambling has endured defeat after defeat in the courts, but one big winner has emerged, at taxpayer expense — the law firm hired to help Gov. Chris Christie defend a lawsuit filed by the four major pro sports leagues and the NCAA.
The firm — Gibson, Dunn & Crutcher — is the same one Christie hired, also with public money, to investigate the George Washington Bridge lane-closing scandal that is plaguing his administration.
How to Fund an Online Betting Account in New Jersey: Firm Claims It’s Been Tough
Wayne Parry, New Jersey-based Associated Press writer, reports that funding an online betting account in the Garden State has not been easy despite the activity being legal for nearly 6 months now.
Funding by credit card has been among the most difficult.
Online Gambling in New Jersey: Toms River, Jersey City Top List of Registrants
This week we learned that Toms River ranked number one on the list of Most Registrants signing up and playing on licensed New Jersey online gambling websites. The state’s second largest city, Jersey City, ranked 2nd.
Keven Stammen Wins the WPT Championship 2014
There are few soft spots in a field as talented as the 328 that entered the World Poker Tour World Championship sponsored by partypoker at the Borgata Hotel and Casino, and so it is fitting that there were no soft spots at the final table of six.
The table included Keven Stammen, Byron Kaverman, Tony Dunst, Ryan D'Angelo, Curt Kohlberg, and Abe Korotki, and in the end a large starting stack proved to be the difference in a relatively even collection of top poker talent.
NFL Player Miles Austin, Phil Hellmuth Going Deep at 2014 WPT World Championship
Day 2 has come to a close at the WPT World Championship, sponsored by partypoker, and 68 players have survived from the 200 that started the day.
WPT World Championship Atlantic City 2014 Numbers Are In: $1.3 Mil to the Champ
328 entries, $4,852,400 in prize money, to 36 spots will pay cash and $1,310,146 goes to the winner of this year’s WPT World Championship currently taking place in Atlantic City after 11 years in Las Vegas. The event is expected to provide the struggling seaside gambling resort with a significant economic jolt.
Lobbyists Are Big (and Only) Winners Thus Far in US Online Gambling Battle
States like New Jersey are not yet seeing the promised revenue numbers for their fledgling Internet gambling sector even though growth appears inevitable. Likewise, the sites themselves are not exactly going gangbusters (not even NJ market leader PartyPoker). But alas, there is one group benefiting big time from the efforts to both legalize and prevent online gambling from taking shape in the US: The lobbyists.
Is New Jersey Online Gambling Site Virgin Casino Free $50 for Real?
A number of our readers were wondering if the New Jersey online gambling site VirginCasino.com was really offering a FREE $50 in cash to new signups. The answer to this question is a resounding YES with a big BUT… this works like a refill bonus, hence the ‘Up to $50 Bonus Cash’. So opening your account with $5 won't result in VirginCasino giving you $50.
Spirit Air Lines Thanks the 99.99 Percent of Its Flyers Who Didn’t Complain
Spirit Air Lines, a prominent carrier at both the Las Vegas and Atlantic City international airports, is thanking its 99.99 percent of flyers who didn’t complain. A recent report that suggests the ultra low cost carrier is the “most complained about airline”.
World Poker Tour Championship Event Gets Underway in Atlantic City
(Associated Press) - After 11 years in Las Vegas, the championship event of the World Poker Tour is underway in Atlantic City.
