New Jersey Casino News, Updates, And Analysis From Play NJ

New Jersey Online Casinos Lack Differentiation

It is no secret that online casino revenues in New Jersey have fallen short of expectations. There have been many causes for this, including early payment processing and geolocation issues. Player awareness has also been a problem. One issue that seems to get overlooked is that most New Jersey online casinos spread virtually the same […] Read More

Posted on: October 13, 2014 | | PlayNJ Staff

RAWA Online Poker Carve Out Will Not Benefit Online Poker According to PPA

The Poker Players Alliance came under attack on Thursday after PokerNews.com reported that the long-time advocate of online poker would no longer support a “poker-only” federal online poker bill. The article discussed the Restoration of America’s Wire Act (RAWA) and how the bill would offer a carve out for online poker. From the article, it […] Read More

Posted on: October 10, 2014 | | James Guill

Union Files Concession Offer in Attempt to Save Trump Taj Mahal

The union representing Trump Taj Mahal employees filed a proposal in the Trump Entertainment bankruptcy case hoping that it will be enough to keep the doors open. The concessions proposed by UNITE HERE Local 54 include lower pension contributions, according to the Press of Atlantic City. Trump Entertainment is seeking to stop all pension and […] Read More

Posted on: October 10, 2014 | | PlayNJ Staff

New Jersey Lawmakers Pass Resolution to Counter RAWA

Sheldon Adelson, the billionaire chairman of the Las Vegas Sands Corporations, is continuing his campaign to ban online gambling. Adelson has backed a new federal bill called the Restoration of America’s Wire Act (RAWA), which would ban online gambling throughout the country. There is still little support for the proposed bill, but New Jersey lawmakers […] Read More

Posted on: October 7, 2014 | | PlayNJ Staff

UCasino and Ultimate Poker Leaving New Jersey

A dispute between Trump Taj Mahal and Ultimate Gaming is forcing UCasino and Ultimate Poker to leave the New Jersey market. Ultimate Gaming states that Trump Taj Mahal and its parent company Trump Entertainment are in breach of contract and that the partnership agreement will be terminated. It appears that breach is related to $1.5 […] Read More

Posted on: September 20, 2014 | | PlayNJ Staff

Governor Christie Says Sports Betting Legal in New Jersey

New Jersey Governor Chris Christie announced today that racetracks in New Jersey and Atlantic City casinos may offer sports betting. Sen. Ray Lesniak told The Press of Atlantic City, “I think we’re looking at an early November start date”. Single sports betting and parlays would be allowed across all sports. The only exception is collegiate […] Read More

Posted on: September 8, 2014 | | PlayNJ Staff

Report: Trump Taj Mahal Next Atlantic City Casino to Close

There may be another Atlantic City casino closure this year. CBS 3 in Philadelphia is reporting that sources tell the station Trump Taj Mahal will file for bankruptcy protection and may close in November. This would come after its sister property Trump Plaza closes on September 16. If this turns out to be the case, […] Read More

Posted on: September 7, 2014 | | PlayNJ Staff

Tenants Fight to Stay in Closed Atlantic City Casinos

Showboat and Revel closed earlier this week. One of the mistakes Revel made was not owning the nightclubs under its roof. The HQ Nightclub and HQ Beach Club were extremely popular. So popular, in fact, that the owner is trying to keep the doors open even with no connecting casino open. HQ Nightclub parent company […] Read More

Posted on: September 6, 2014 | | PlayNJ Staff

Amaya CEO Discusses Future Outlook for PokerStars and Full Tilt

Amaya Gaming recently completed the acquisition of the Rational Group. Amaya founder and CEO David Baazov discussed upcoming plans for PokerStars and Full Tit during a discussion with shareholders and other potential investors. Baazov said that PokerStars.com and FullTilt.com face a number of opportunities in the coming year. He expects both brands will be available […] Read More

Posted on: August 20, 2014 | | PlayNJ Staff

Early Mistakes and Bad Luck Lead to Revel Failure

Revel announced that it will close its Atlantic City casino on September 10, 2014 as no suitable buyer was found through a bankruptcy auction process. The troubled resort has lost billions of dollars between construction costs and operating losses under several ownership structures. Bad Timing and Luck Revel’s bad luck started with its timing. Morgan […] Read More

Posted on: August 12, 2014 | | PlayNJ Staff

Phil Ivey Lawyers Defend Motion to Dismiss Borgata Lawsuit

The Borgata Hotel Casino and Spa filed a lawsuit in New Jersey against poker legend Phil Ivey in April. The lawsuit alleges that Ivey used an edge sorting technique to gain an edge in Baccarat. Ivey’s lawyers claim the statute of limitations has expired and filed a motion to dismiss the lawsuit on July 2. Attorneys […] Read More

Posted on: July 24, 2014 | | PlayNJ Staff

Trump Plaza Closure Raises Concerns for Online and Land-based Gaming Industry

Trump Plaza recently confirmed that it will close its doors in September. Trump Casino is one of three Atlantic City casinos that will have closed by the end of the year. The news is discouraging to the employees that are about to lose their jobs, but few experts were surprised by the announcement. The casino […] Read More

Posted on: July 17, 2014 | | PlayNJ Staff

New Study Shows Land-based Casinos Could Be More Addictive than Online Gambling

Experts have been trying to study the pattern of gambling addictions for several years. However, the data they accumulated wasn’t very reliable, because they had access to small sample sizes and couldn’t create reliable testing environments. The Harvard researchers were finally able to come up with a reliable testing methodology. They collaborated with Bwin to […] Read More

Posted on: July 14, 2014 | | PlayNJ Staff

Three Atlantic City Casinos May Shut Down in 2014

The New Jersey casino industry has been on the verge of bankruptcy over the last several years as Atlantic City casino revenue has decreased significantly. Industry leaders have stated that at least three companies are probably going to shut down this year. The Atlantic Club was the first of the twelve casinos to close its […] Read More

Posted on: July 7, 2014 | | PlayNJ Staff

Investment Analysts Predict Online Gambling Will Be Profitable in Several Years

Online gambling has returned to the United States. Three states have legalized online gambling over the past year, while others are considering passing similar legislation in the near future. However, the industry is growing more slowly than most experts would like. Many financial advisors have advised their clients to wait a few years before purchasing stock […] Read More

Posted on: June 18, 2014 | | PlayNJ Staff