Online NJ Casino, Atlantic City News And Analysis

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

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 | | PlayNJ Staff

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 | | PlayNJ Staff

Bwin.Party Plans to Expand in U.S. After Problems in Europe

Bwin.Party is one of the largest online poker providers in the world. A recent report from the company states that revenues declined nearly last year. Bwin.Party said that problems in the European market are threatening growth. It intends to offset these losses by pursuing opportunities in the newly regulated U.S. gaming market. Bwin.Party has faced […] Read More

Posted on: March 23, 2014 | | PlayNJ Staff

Caesars and 888 Adopt Neteller Service in New Jersey

Optimal Payments recently announced that it will be launching a new NETELLER service for online gamblers in the United States. Caesars and 888 Holdings became the first gaming providers in the country to use the new ewallet service. WSOP.com, 888poker.com and Caesarscasino.com are offering NETELLER to their customers in New Jersey. Other gaming providers in […] Read More

Posted on: March 10, 2014 | | PlayNJ Staff

Supreme Court Will Expected to Make Decision Dicristina Case Today

Lawrence Dicristina was convicted of operating an illegal poker room in New York in 2011. Federal Judge Jack Weinstein overturned the verdict. Weinstein said that poker is a game of skill, which means that it doesn’t fall under the scope of the Illegal Gambling Business Act. The jury’s original verdict was upheld on appeal and […] Read More

Posted on: February 22, 2014 | | PlayNJ Staff

Atlantic City Casinos Petition for Lower Property Taxes as Values Decline

Atlantic City’s casino industry has deteriorated over the last few years. Revenue for most of the casinos has dropped considerably and some are struggling to remain solvent. Originally reported by the WSJ 13 casinos recently argued that their property taxes should be reduced since the value of their businesses has fallen. A New Jersey court […] Read More

Posted on: November 4, 2013 | | PlayNJ Staff