New Jersey Gambling
<br><p>Legal New Jersey online gambling and land based casino news. </p>
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.
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.
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.
Ravens Rice Indicted for Assault on Fiancee at Revel Casino
ATLANTIC CITY, N.J. — (Associated Press) - Baltimore Ravens running back Ray Rice has been indicted on a charge he assaulted his fiancee in an elevator at casino in Atlantic City, N.J.
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.
Is New Jersey Online Gambling Driving Down Casino Revenue in Pennsylvania?
Forecasts for online gambling revenue in New Jersey may not quite be reaching targeted expectations but there could be an additional positive impact, at least where the Garden State is concerned.
Neighboring Pennsylvania casino revenues are now on the decline since New Jersey Internet gambling launched last November.
Pennsylvania has severely cut into New Jersey’s brick-and-mortar casino industry for nearly eight years.
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.
Online Gambling Affiliates Now Welcome in New Jersey With Income Access
Popular online gambling super affiliate company Income Access has entered into a partnership with Betfair.com to allow affiliate marketing in New Jersey.
Internet gambling firms are looking for creative ways to catch up with bwin.party, which so far has dominated the airwaves and offline media throughout the New Jersey-New York-Pennsylvania region.
Whether affiliates will be enticed enough to focus on such a limited market remains to be seen. Only those physically located in New Jersey will be able to wager with Betfair.
