New Jersey Online Gambling
Legal New Jersey online gambling and land based casino news.
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The Atlantic: Where The Card Sharks Feed
The Atlantic has a very well written article published overnight Wednesday that discusses how poker “fish” have migrated to land-based casinos ever since a handful of top online poker sites exited the US market back in 2011.
Atlantic City Casino Suffers Fake Chip Scam in Poker Tournament
A casino in New Jersey has been at the heart of a scandal that saw them host a poker tournament to only have to suspend the action following the discovery of fake chips that had been introduced into the tournament by one participant.
With one player of a 2,100 strong player field thought to have been feeding fake chips into the tournament, the casino decided that they needed to suspend play pending an investigation as the man from North Carolina is questioned over his role within the deception.
Borgata to Pay Out $1,721,805 to Affected Players in Chip Scandal
The Borgata Casino will pay out $1,721,805 to those affected by a scandal earlier in the year in which fake chips were detected during the Borgata Winter Open.
Why Phil Ivey is Not a Cheater Despite Borgata Claims
This week’s hot story without a doubt has to do with poker pro Phil Ivey’s alleged cheating at the posh Borgata Hotel & Casino in Atlantic City. That establishment has filed a nearly $10 million lawsuit against poker’s biggest money earner.
Atlantic City Casinos Bring in 15 Percent More From Online Gambling in March
(Associated Press) - New Jersey casinos brought in 15 percent more from online gambling in March over the previous month, but it wasn't nearly enough to offset the diminishing revenue from Atlantic City's long-struggling brick-and-mortar casinos.
Is the Tropicana Buying the Sands Casino Bethlehem? Rumors Run Rampant
All of Eastern Pennsylvania is abuzz with the news that the famed Tropicana Hotel and Casino, a staple in Atlantic City, could be about to buy the Sands Casino Resort in Bethlehem.
Principals from both companies have declined comment when approached by the regional paper the Morning Call.
Poker Pro Phil Ivey Sued by Borgata for Nearly $10 Mil Over Playing Card Scam
Poker pro Phil Ivey is being used by Atlantic City’s Borgata Hotel and Casino over an alleged playing card scam.
The suit is asking for $9.8 million claiming fraudulent winnings during a series of visits to the casino in 2012.
New Jersey Online Gambling Revenue Estimates Dip Further
Casinos in New Jersey rounded off the month of February with a total revenue of $412.2 million from both iGaming and sports betting activities in the state.
Borgata Using High Tech Chips at Spring Open in Wake of Scandal
ATLANTIC CITY, N.J. (Associated Press) — A cheating scandal at a casino poker tournament has led to new security measures, including chips that are more intricate, have more colors and include an authentication element that can be checked under ultraviolet light.
The Borgata Hotel Casino & Spa told The Associated Press it was using new chips for its Spring Open poker tournament that began Tuesday.
Atlantic City 2013 Revenue Lowest Since 1989
ATLANTIC CITY, N.J. (Associated Press) - Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City's casinos from seeing a big decline in their earnings in 2013.
The casinos saw their gross operating profits decline by nearly 35 percent last year.
The 12 casinos that operated in 2013 - the Atlantic Club shut down in January of 2014 - posted a collective gross operating profit of $235 million, down from $360 million in 2012.
WSOP Circuit National Championship 2014 to be Held at Bally’s Atlantic City
The WSOP Circuit National Championship 2014 will be held at Bally’s in Atlantic City from May 22-24 it was announced this week. This is the 10th season of the circuit.
With a total of 100 players eligible for qualification, the World Series of Poker today announces how the additional six remaining at-large seats will be awarded.
In May, WSOP.com websites in both Nevada and New Jersey will host an online freeroll tournament in their respective states, where the winner of each tournament will automatically qualify (2 seats total).
What Are the Online Slots Available in New Jersey? Cleopatra, Monopoly, More
There are dozens of online slots available for those living in New Jersey who wish to play on the Internet. There are specific brands we would like to highlight here.
“Secrets of the Phoenix” allows casino players to match the stone relics and watch as they cascade down leaving space for even more wins.
Features include 5 reels, autoplay, a cascading reel system let’s you win multiple times off a single spin, hit successive cascades during the bonus round to add more free spins and bonus pick a win game gifts you with cash, spins and other cool bonuses.
Can I Play On New Jersey Online Gambling Websites If I Live in New York?
Live in New York State but you wish to play on one of New Jersey’s online gambling websites? You can do so, with a catch.
All of New Jersey’s licensed and regulated Internet gambling websites incorporate geolocation technology that prevents individuals from placing real money bets from outside the Garden State.
Facebook Real Money Mobile Online Gambling Speculation With Oculus Acquisition
There has been plenty of speculation of late that social media giant Facebook could be planning to leap into the mobile online gambling market with its recent acquisition of Oculus.
United Chicago-Atlantic City Flights Take Off: Online Gambling Can Benefit
Great news for Atlantic City as New Jersey’s seaside gambling Mecca will now have a direct link to Chicago. United Airlines began offering direct flights between the USA’s second largest city and Atlantic City this week.
The Port Authority of New York and New Jersey recently took over Atlantic City’s under-utilized airport and, in doing so, convinced the 3rd largest airline in the US to start offering flights there. In addition to the daily flight to and from Chicago, United will offer a round trip flight to and from Houston.
Internet Gambling No Jackpot for New Jersey
(Associated Press) - When it comes to raising revenue for the state, Internet gambling has been a bust.
Online gambling has failed to generate most of the tax revenue that it had been anticipated to this year, accounting for roughly half of a downward adjustment to the annual state budget.
Arrests Made in Borgata Credit Card Fraud Scheme
Two individuals have been apprehended following an investigation into a credit card fraud scheme at Atlantic City’s Borgata Hotel and Casino.
The New Jersey pair allegedly attempted to fraudulently charge more than $500,000 using stolen account numbers, were arrested early Saturday, March 29, at the Borgata Casino, in Atlantic City.
Mobile Online Gambling in New Jersey Makes Up One Quarter of Market
A report this week shows that mobile online gambling in New Jersey has accounted for more than a quarter of the overall market at one of the leading websites, WSOP.com. This includes tablets such as the iPad.
Internet Gambling Control Act of 2014 Introduced by Graham, Chaffetz
South Carolina Republican Senator Lindsey Graham and Representative Jason Chaffetz, a Republican from Utah, introduced the Internet Gambling Control Act of 2014 Wednesday morning. It is a measure that would prohibit all forms of Web gambling in the US at the federal level while enforcing state governments to cease offering the activity as well.
New Jersey Online Gambling Estimates Cut by 7 Percent
ATLANTIC CITY, N.J. (Associated Press) — Morgan Stanley has lowered its estimate of the U.S. Internet gambling market to $3.5 billion by 2017, down from a previous forecast of $5 billion.
The Wall Street firm cited worse-than-expected technical issues, but says it's optimistic about the new industry's long-term prospects, with an $8 billion market by 2020.
It also lowered its first full year estimate of New Jersey's Internet gambling revenue from $541 million to $203 million. Fitch Ratings is sticking with its $200 million forecast for New Jersey this year.
888 Holdings Sees Surge in Share Price
888 Holdings, the online gambling firm, was up 8.6% Tuesday in trading.
The company has reported a 30% increase in pretax profit in 2013, driven by a continued strong performance from its core casino and poker products.
It said that pretax profit rose to USD53.2 million in 2013, up from USD40.8 million the year before, as revenues for the year rose to USD400.5 million from USD375.8 million.
WSOP.com Becomes Official Online Gambling Partner of New York Rangers
PokerNews.com is reporting that New Jersey online gambling site WSOP.com has become the official betting partner of the New York Rangers.
New Jersey residents are already eligible for promotions associated with this partnership deal.
From PokerNews.com:
Bill to Allow NJ Licensing of Foreign Internet Gambling Firms One Step Closer
(Associated Press) - A plan to let New Jersey casino regulators oversee foreign Internet gambling companies if they move their operations to Atlantic City has moved a step closer to approval.
A state senate wagering committee approved the bill Monday.
The measure is sponsored by Sen. Raymond Lesniak. He says many overseas gambling companies want the stamp of approval that would come from submitting to New Jersey's casino regulators, who are among the strictest in the nation.
The foreign firms wouldn't be able to take bets from anyone in the United States.
Borgata Spring Poker Open 2014 Announced
Borgata Hotel Casino & Spa today announced details of its fifth annual Borgata Spring Poker Open beginning on April 8 with the $1 Million Guaranteed Deep Stack No Limit Hold’Em event and concluding with the prestigious $5 Million Guaranteed Televised WPT World Championship (April 21-26). For the first time in its twelve-year history, the World Poker Tour’s crowning event will be held outside of Las Vegas, as a champion will be named at Atlantic City’s preeminent poker destination.
Nevada, Delaware Multi-State Online Poker Compact Draws Ire of Congress
(Associated Press) - Nevada and Delaware’s recent agreement to launch the nation’s first collaborative, interstate online poker zone appears to have drawn a backlash from gambling’s opponents in Congress, who are planning to drop a bill rolling back the legal opinion underlying the recent deal.
Cato Institute and Pacific Legal Foundation Back New Jersey Sports Betting Bid
New Jersey received some welcome news from the prestigious Cato Institute and the Pacific Legal Foundation Thursday. They filed an amicus brief in support of New Jersey’s bid to have the U.S. Supreme Court hear their protest of a 1992 federal law that is preventing the Garden State from offering sports betting to its citizens.
New York State Senate Approves Gambling in Airports
Albany, N.Y. (Associated Press) - The state Senate is proposing that New York authorize video lottery terminals, A.K.A slot machines, at international airport departure terminals to catch gamblers on their way out of the country.
The airports serving Buffalo, Albany and Syracuse, among others, appear to be out of luck.
The Senate budget resolution says it's for international departure terminals located within a city of one million or more.
That would appear to apply as proposed only to Kennedy and LaGuardia airports in New York City.
How Can I Enter the New Jersey Championship of Online Poker
In order to take part in the inaugural New Jersey Championship of Online Poker, one needs to be physically located in the state of New Jersey though it is not necessary to be an actual resident.
The PartyPoker website and all online gambling sites in the Garden State utilize a state-of-the-art geo-targeting system that prevents anyone from accessing the site for real money if logging in outside of New Jersey’s border.
New Jersey Championship of Online Poker Promising $600,000 Guaranteed
PartyPoker.com announced this week its first ever New Jersey Championship of Online Poker, available to anyone who has the ability to log into a computer from the Garden State – and that means you Pennsylvania, New York and Delaware residents. Just get your *ss over the border and play for your share of the $600,000 in prize money with a cool $50,000 going to the winner.
The event will be held in conjunction with the WPT World Championship live tournament at the Borgata Hotel, a PartyPoker partner in New Jersey.
New Jersey Governor Christie Backs Away From Online Gambling Forecast
New Jersey Governor Chris Christie’s aggressive forecast for online gambling revenue was mostly seen as unattainable. On Tuesday, the Christie Administration backed off those initial projections, relaying its concerns to a leading Democratic leader in the state.
"Given the complex connections between internet and on-site gaming, we do not break down the anticipated total collections between the two sources," state Treasurer Andrew Sidamon-Eristoff wrote in a letter today to Sen. Paul Sarlo (D-Bergen).
