New Jersey Casino And Online Gambling News

New Jersey iGaming Earns $10.54 Million in August

New Jersey iGaming revenues increased 4.5 percent month-over-month thanks to solid gains by both Borgata and the Tropicana. Earlier today, the New Jersey Division of Gaming Enforcement released revenue figures for the casino industry and revealed that NJ iGaming pulled in $10.54 million in August. That is up from the $10.07 million pull a month […] Read More
Posted on: September 12, 2014 | Online Gambling News | James Guill

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 | Casino News | John Mehaffey

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 | Casino News | John Mehaffey

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 | Casino News | John Mehaffey

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 and face a number of opportunities in the coming year. He expects both brands will be available […] Read More
Posted on: August 20, 2014 | Casino News Online Gambling News | Brett Collson

New Jersey iGaming Revenues Up 5% in July

The New Jersey Division of Gaming Enforcement published gaming revenue results for July and some casinos posted huge gains year-over-year. Online gambling revenue was up 5% over June while online registrations saw a 7.1% increase. Taking a closer look at the numbers, Golden Nugget had an amazing month in July. They posted total casino winnings […] Read More
Posted on: August 13, 2014 | Online Gambling News | James Guill

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 | Casino News | John Mehaffey

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 | Casino News Online Gambling News | Brett Collson

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 | Casino News | Brett Collson

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 | Casino News Online Gambling News | Brett Collson

Gaming Industry Expert Urges Zynga to Offer Online Gaming Ahead of Amaya Deal

Zynga offers a number of social games through its own website, Facebook and other major social networking platforms. The company currently generates nearly $900 million a year in annual revenue, which makes it the largest free money gaming provider in the world. However, most experts agree that the company could generate much more revenue by […] Read More
Posted on: June 17, 2014 | Online Gambling News | Brett Collson

Full Flush Poker Leaves New Jersey Market

Two weeks ago, Winning Poker Network announced that it plan to stop providing real money gaming services in Nevada, New Jersey and Delaware. The network said that it believed in the spirit of fair competition and wanted to allow regulated gaming sites to compete in the market. Equity Poker Network (EPN) has since followed suit. […] Read More
Posted on: May 24, 2014 | Online Gambling News | Brett Collson
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