Online Gambling News

A man hands a closed sign in a window for a story on Prophet Exchange shutting down its New Jersey sports betting platform.

New Jersey Bids Adieu To Prophet Exchange, As It Shuts Down Sports Betting Platform

Prophet Exchange, which allowed users to set their own odds and prices for peer-to-peer sports betting, is leaving the New Jersey sports betting market.

Posted on: June 12, 2024 | | David Danzis

Rendering of the new Caesars Sportsbook retail space at Monmouth Park, which broke ground on the new New Jersey space.

Ground-Breaking: Monmouth Park Begins First Steps Toward New Caesars Sportsbook

Monmouth Park broke ground Tuesday on a Caesars Sportsbook at the thoroughbred racetrack in Oceanport Township.

Posted on: May 7, 2024 | | David Danzis

New York Yankees Juan Soto bats against the Oakland Athletics for a story on the April 2024 revenue report for sports betting in New Jersey.

New Jersey Welcomes Spring With Over $106 Million In Sports Betting Revenue

Sportsbooks in New Jersey posted their best April in five years, with more than $1.04 billion in legal wagers reported last month.

Posted on: May 16, 2024 | | David Danzis

Philadelphia Phillies Kyle Schwarber celebrates a home run for a story on New Jersey sports betting revenue for May 2024.

Sportsbooks On Pace For Record-Breaking Year In NJ As May Brings 2024 Handle To Over $6 Billion

Legal sportsbooks in New Jersey have taken more than $6 billion in bets through the first five months of 2024, way ahead of last year's pace.

Posted on: June 14, 2024 | | David Danzis

NJ Horsemen Settle Sports Betting Suit With Leagues, Just Not For $150 Million

The New Jersey Thoroughbred Horsemen’s Association has settled its sports betting case with the major professional sports leagues and the NCAA.

Posted on: January 15, 2021 | | David Danzis

lottery balls flying out of tablet screen

NJ Lottery Looks To Start Draw Game Sales Online In 2024, But Legal Opposition Possible

A decision by the NJ Lottery to begin direct online ticket sales is drawing criticism from small businesses and a handful of lawmakers.

Posted on: August 28, 2023 | | David Danzis

NJ Sportsbooks Celebrate Historic November, Report New Monthly Revenue Record

New Jersey sportsbooks set a new monthly revenue record in November, generating nearly $114.8 million on more than $1.26 billion in bets.

Posted on: December 17, 2021 | | David Danzis

How Will New Jersey Sportsbooks Fare After New York’s Launch Of Online Sports Betting?

New Jersey sportsbooks will undoubtedly feel the pinch when New York's first four online sports betting operators go live on Saturday, Jan. 8.

Posted on: January 7, 2022 | | David Danzis

Conman Suing BetMGM, Borgata Casino Says Companies Preyed On Gambling Addiction

Sam Antar, nephew of infamous conman "Crazy Eddie," is suing BetMGM NJ for exploiting his gambling addiction, according to court documents.

Posted on: May 9, 2023 | | David Danzis

exterior of borgata atlantic city, which along with MGM assure that cybersecurity issues have been resolved

MGM ‘Pleased’ That Its Properties – Including Borgata – ‘Are Operating Normally’ After Cyber Attack

MGM Resorts says its systems are fully functional following a cyber attack that stymied operations across the country, including at Borgata Atlantic City.

Posted on: September 20, 2023 | | David Danzis

New Jersey Sports Betting Is Not Done Setting U.S. Gambling Records

New Jersey sports betting eclipsing the $1 billion handle milestone last month was predictable, experts say. But will it happen again?

Posted on: October 21, 2021 | | David Danzis

PlayUp Still Paying Out Customers As Suspended NJ Sportsbook Looks To Bounce Back

Coming off a rocky 2023, PlayUp looks to bounce back this year. And it began with another granted extension to keep its New Jersey sportsbook alive.

Posted on: January 30, 2024 | | David Danzis

Sporttrade Gets $36 Million As Bet Trading Platform Prepares To Launch

Sporttrade Inc., a fintech and sports betting company looking to offer gamblers stock-style trading of bets, raised $36 million in funding.

Posted on: June 22, 2021 | | David Danzis

Rutgers Ends Postseason Drought With NYE Gator Bowl Invite

The Rutgers Scarlet Knights (5-7) are playing in the Gator Bowl on New Year's Eve against the 17th-ranked Wake Forest Demon Deacons (10-3).

Posted on: December 23, 2021 | | David Danzis

Sports Illustrated, 888 Announce Online Sports Betting Deal, Rebranding

Online sports betting operator 888 Holdings will license the iconic Sports Illustrated name to rebrand its U.S. gaming products.

Posted on: June 25, 2021 | | David Danzis

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