New Jersey Casino And Online Gambling News

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 | 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 | Casino News Online Gambling News | 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 | Online Gambling News | 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 | Online Gambling News | 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 | Casino News Online Gambling News | 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 | Online Gambling News | PlayNJ Staff
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