Related News for Atlantic City

BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING

28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.

The US state of Pennsylvania has the potential to generate hundreds of millions of dollars in new tax revenue should the state pass legislation to legalise and regulate online casino games and poker, according to a recently released 14 page white paper by news and analytical research site PlayPennsylvania titled "Pennsylvania Online Gaming Revenue: A Billion-Dollar Opportunity."

Full Story: Bullish Forecast For Pennsylvania Online Gambling »

NEW JERSEY SENATOR MOVES TO PROTECT STATE ONLINE GAMBLING INDUSTRY FROM FEDERAL INTERFERENCE

03rd March, 2017 at 09:20:39
Sen. Jim Whelan files a Senate companion bill to that introduced earlier this year in the Assembly by Assemblyman Vincent Mazzeo.

New Jersey state Senator Jim Whelan, a long-time supporter of online gambling, has moved to protect the state's flourishing online gambling industry by introducing a resolution calling on Congress and the current US administration to "oppose any actions that would prohibit states to conduct Internet gaming."

Full Story: New Jersey Senator Moves To Protect State Online Gambling Industry From Federal Interference »

TRUMP TAJ MAHAL LAND CASINO SOLD TO HARD RIOCK INTERNATIONAL

02nd March, 2017 at 09:50:51
Quick flip for billionaire Carl Icahn.

Billionaire Carl Icahn, who bought the struggling Trump Taj Mahal land casino in Atlantic City amid litigation and union fights last year (see previous reports) has done a quick flip on the asset, selling it on after just four months to the Hard Rock International group and two New Jersey investors for an undisclosed consideration.

Full Story: Trump Taj Mahal Land Casino Sold To Hard Riock International »

POPULAR VIKING T.V. SERIES THE THEME FOR NEW GAMBLING GAMES

01st March, 2017 at 09:10:06
Players will have free rein to explore and plunder in new land casino machines.

Online slot fans will be hoping that a new game, based on the popular but bloodthirsty television series Vikings, will eventually come to their screens following the news this week that GameCo has partnered with MGM Interactive to develop a series of games featuring the legendary Ragnar Lodbrok and his fearsome sons.

Full Story: Popular Viking T.v. Series The Theme For New Gambling Games »

ATLANTIC CITY ONLINE GAMBLING CONTINUES TO RETURN DOUBLE DIGIT REVENUES

15th February, 2017 at 07:54:38
January figures released this week show a 28.6 percent year-on-year improvement.

Figures for January released Tuesday by the New Jersey Division of Gaming Enforcement show that Atlantic City's online gambling revenues have continued to trend upward, rising 28.6 percent year-on-year to $18.8 million and making a real contribution to land operator profits.

Full Story: Atlantic City Online Gambling Continues To Return Double Digit Revenues »

NEW JERSEY LAWMAKER SEEKS SUPPORT FOR PROTECTION AGAINST A FEDERAL BAN ON ONLINE GAMBLING

26th January, 2017 at 09:36:38
Assemblyman Vincent Mazzeo urges the Trump administration to oppose moves to stop individual states from conducting online gambling operations.

A New Jersey lawmaker has taken pre-emptive steps to ensure that legalised online gambling in his state is not jeopardised by any federal actions against online gambling that may develop.

Full Story: New Jersey Lawmaker Seeks Support For Protection Against A Federal Ban On Online Gambling »

NEW JERSEY SENATOR WARNS THAT STATE WILL NOT TOLERATE A FEDERAL BAN ON ITS ONLINE GAMBLING INDUSTRY

14th January, 2017 at 08:31:36
Warning follows recent exchanges during AG Nominee Jeff Sessions confirmation hearing.

Comments at his confirmation hearing this week by the incoming Trump administration's Attorney General nominee, Jeff Sessions, that he would revisit the issue of online gambling and the Wire Act (see previous report) have triggered a swift reaction from New Jersey, which has been successfully running legal and regulated online gambling for the past several years.

Full Story: New Jersey Senator Warns That State Will Not Tolerate A Federal Ban On Its Online Gambling Industry »

ATLANTIC CITY ONLINE GAMBLING CONTINUES TO PROSPER IN DECEMBER

13th January, 2017 at 08:31:28
Monthly revenues from online gambling reach $18.4 million - a year-on-year rise of 31 percent.

Hot on the heels of the FY2016 Atlantic City numbers released Thursday by the New Jersey Division for Gaming Enforcement (see previous report) comes the news that December 2016 was another good month for online gambling.

Full Story: Atlantic City Online Gambling Continues To Prosper In December »

ATLANTIC CITY - 2016 A GOOD YEAR FOR INTERNET GAMBLING

12th January, 2017 at 21:53:36
New Jersey regulator releases FY 2016 results, showing that online gambling revenue grew 32 percent year-on-year.

The New Jersey regulator released the 2016 final performance figures for Atlantic City gambling Thursday, showing that online gambling operations assisted the land casinos to post their first revenue increase since 2006.

Full Story: Atlantic City - 2016 A Good Year For Internet Gambling »

IVEY AND COMPANION ORDERED TO PAY $10.1 MILLION BACK TO BORGATA (Update)

19th December, 2016 at 07:24:53
The edge-sorting ploy that misfired.

InfoPowa readers will no doubt recall the furore back in 2012 over the use of edge-sorting tactics by poker pro Phil Ivey and his talented and observant companion Cheng Yun Lin in two seven-figure Baccarat wins at land casinos in London (Crockfords) and Atlantic City (Borgata).

Full Story: Ivey And Companion Ordered To Pay $10.1 Million Back To Borgata (update) »

NEW JERSEY ONLINE GAMBLING DELIVERS AGAIN

15th December, 2016 at 06:15:47
34 percent year-on-year improvement in November.

New Jersey's legal online gambling continued its winning way in November, delivering profits and tax revenues to government and operators and bolstering the languid land gambling side of the industry.

Full Story: New Jersey Online Gambling Delivers Again »

NEW JERSEY LAND CASINO OWNERS OPPOSE EXPANSION OF ONLINE GAMBLING TO RACETRACKS (Update)

14th December, 2016 at 07:29:55
Casino Association of New Jersey says proposed legislation would go against the wishes of New Jersey voters.

Citing the voter rejection of a recent proposal to expand land casino gambling beyond Atlantic City, the Casino Association of New Jersey signalled its opposition Tuesday to a fresh proposal by lawmakers that would allow the Monmouth and Meadowlands racetracks to offer off-track online casino gambling in partnership with Atlantic City casinos that have online assets.

Full Story: New Jersey Land Casino Owners Oppose Expansion Of Online Gambling To Racetracks (update) »

NEW JERSEY RACETRACKS WANT A SLICE OF ONLINE GAMBLING PIE

12th December, 2016 at 06:44:35
State lawmakers propose a new law permitting the tracks to partner with licensed land casino operators to offer trackside online gambling facilities.

New Jersey's Monmouth and Meadowlands racetracks, struggling to prosper in an increasingly competitive gambling environment, may have a little legislative help in prospect following moves this week by some state lawmakers.

Full Story: New Jersey Racetracks Want A Slice Of Online Gambling Pie »

RESORTS' I-GAMING LOUNGE A SUCCESS

17th November, 2016 at 16:03:44
Pioneering move is delivering new customer sign-ups for the land operation.

A pioneering move into i-gaming is paying off for Atlantic City-based Resorts Casino, which reports that its dedicated on-premises iGaming Lounge is proving popular and delivering more punter sign-ups for the land operation than anticipated.

Full Story: Resorts' I-gaming Lounge A Success »

NEW JERSEY ONLINE GAMBLING REVENUES STILL RISING

16th November, 2016 at 08:09:24
October results show 30 percent year-on-year gain to $16.7 million.

New Jersey's legalised online gambling sector continued to deliver good results in October, according to figures released by the New Jersey Division for Gaming Enforcement, which showed that the sector's performance improved almost 30 percent y-o-y at $16.7 million, maintaining the upwards monthly momentum.

Full Story: New Jersey Online Gambling Revenues Still Rising »



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