Legislation proposed in the state of New Jersey could set the state up to become a center for the nascent U.S. Internet betting industry, says the Press of Atlantic City. New Jersey State Assemblyman John Amodeo said this week that he believes the bill may gain some traction next month,
Last Spring after a bill that would have put five new land-based casinos in the state of Illinois failed to come to a vote in the Illinois House of Representatives, proponents of gambling expansion in the Land of Lincoln said that the issue would be brought back up in the
With one month and four days left on the clock before real money regulated online betting officially gets underway in the Garden State, on Monday New Jersey gaming regulators awarded the fifth permit to operate an online gambling web site, with the Tropicana becoming the newest Atlantic City to have
It was a tumultuous weekend for Caesars Entertainment, which was forced to walk away from its plan to build a new casino in East Boston in conjunction with the Suffolk Downs racetrack, also the proposed location for the new $1 billion casino project. Gansevoort investor flagged by regulators At issue
With just a little over a month to go before the first real money online wagering web sites go live in the state of New Jersey, this week the New Jersey Department of Gaming Enforcement doled out three additional operating licenses, to the Golden Nugget, the Trump Plaza Hotel and
Last week New Jersey gaming regulators confirmed that real-money online betting would be ready to commence at 9 a.m. on November 26th, prompting a flurry of speculation as to which company would be the first to be handed a license by state officials. That speculation is now over, with word
A topic we frequently touch upon in this space is the pinch that states all across the nation are feeling as they compete with their neighbors for what is proving for some to be a very precious resource: gambling dollars. The story is a familiar one, and one that is
According to a new report by the Press of Atlantic City, currently the city of Atlantic City is capturing only a measly one percent of the roughly $16 billion convention industry in the Northeast. Alas, all of that is set to change if Harrah's proves to be correct in its assessment that
Living up - or down - to expectations, the new movie centered around online poker, Runner Runner, bombed at the box office this past weekend. Early expectations quoted by Business Insider predict a painful opening weekend figure of $11 million. Ouch. Low attendance for the weekend clearly not a factor
The first step in the Full Tilt remission process is complete, according to the government appointed claims administrator, Garden City Group. The company released an updated statement on the official remission web site, fulltiltpokerclaims.com, late last week, noting that all players in their system should have received email contact. Email
This week Pinnacle Entertainment unloaded a piece of Atlantic City real estate, the site of the old Sands, for almost $240 million less than the company paid for it seven years ago. The new owner, Boardwalk Piers, has no immediate plans for the property for which it paid $30.6 million,
The date that has tentatively been circulating for months, November 26th, has been confirmed by the New Jersey Department of Gaming Enforcement as the go day for real-money online gambling in the state. The Department has released its long-awaited final regulations, which can be found on their web site here.
