Even though the National Basketball Association supported a recent lawsuit by the major U.S. sports leagues to stop New Jersey's push for sports gambling, Commission Adam Silver says it is in the NBA's best interest for his league needs to embrace the industry. In a recent interview with Howard Beck
On Monday at the Mobile and Tablet Gambling Summit USA in Atlantic City, New Jersey State Senator Ray Lesniak told a symposium that his state's online gambling rollout was hurt by credit card firms like VISA and MasterCard. Gaming analysts and politicians alike predicted New Jersey onine gambling could generate
The 2014 Mobile and Tablet Gambling Summit will begin in Atlantic City on Monday, October 27. The event will take place at the Bally's Atlantic City. Online gambling industry leaders will gather to discuss challenges and opportunities facing the mobile poker gambling industry. While the industry has many similarities to
1,300 employees of the Chukchansi Gold Resort and Casino are without a job, after a California judge closed the casino indefinitely. The casino closure was recommended by law enforcement officials and local political leaders, after an armed standoff in the Chukchansi casino. Details are still emerging about the incident, but
On Friday, U.S. District Judge Michael Shipp blocked sports gambling at Monmouth Park in New Jersey. The temporary restraining order is a victory of the major American sports leagues, which had sued the state of New Jersey to keep casinos and racetracks in the state from opening sportsbooks. Monmouth Park
The ownership group for the Rising Star Casino Resort announced on Wednesday that the company is for sale. The parent company of the Rising Star is the Las Vegas-based Full House Resorts. Upon news of the announcement, Full House Resorts shares gained in price. The shares closed at $1.33, which
Descendants of one of America's top railroad barons are suing to keep a casino out of Orange County, New York. The descendants of E.H. Harriman donated a large stretch of money to create the second-biggest state park in New York. Because they placed certain legal rights in those bequests, they
Illegal gambling and money laundering are just two of the charges lodged against a group of New Jersey men thought to have mafia ties. The state of New Jersey has charged 11 men with running a racketeering syndicate from a Newark restaurant and local check cashing businesses. The men, who
Donald Trump told the New York Daily News that any upstate casinos which receive licenses this fall will "go down the tubes". Trump knows something about failed casinos, because his former Atlantic City properties, Trump Plaza and Trump Taj Mahal, have failed in 2014. The Trump Plaza closed in September
New Jersey Governor Chris Christie signed a bill on Friday which partially repeals the state's sports gambling ban. The repeal clears the way for gaming venues inside the state to begin taking sports bets as early as next weekend. Affected venues will be the Atlantic City casinos, along with racetracks
The New Jersey State Senate passed a couple of bills aimed at helping the Atlantic City economy this week. The first helps nongambling startup companies in the resort city to open, while the second is meant to help the state in its ongoing lawsuit with the major American sports associations.
Genting Limited is a Malaysian multinational conglomerate which makes a great deal of money in the gambling and leisure industries. Genting owns hotels and casinos throughout Asia and Oceania. Soon, the company will break ground on a massive investment in Las Vegas. As the date for the new development arrives,
