Tag: new jersey
Pala Interactive Launches New Jersey Online Casino
The New Jersey online gaming scene added another virtual platform to its ever-increasing roster at the start of November thanks to a pact with a major Indian Tribe. Although companies such as Betfair are still waiting for the market to mature before stepping into the Garden State, Pala Interactive has decided to make their move just 12 months after regulated gaming in New Jersey went live. Tribe Becomes First Legal US Platform According to recent reports by the Division of Gaming Enforcement, Pala Interactive will work alongside the Borgata Casino to offer all forms of online gambling for residents of…
Progressive Slots Link Nevada, New Jersey Casinos
Las Vegas Sun – A long-planned initiative to create bigger jackpots by linking casino slot machines in New Jersey and Nevada is up and running. The New Jersey Gaming Enforcement Division says the progressive slots system links 100 machines in Atlantic City with 600 in Nevada. The progressive jackpots grow in size as more gamblers play them. “The division is pleased to have been at the forefront of passing regulations and reaching out to other jurisdictions to enable this expanded gaming opportunity for Atlantic City,” said director David Rebuck. “Much like multi-state lotteries, this new technology and cooperative regulatory agreements…
New Jersey online poker revenue grows in July
iGaming Business – The New Jersey Division of Gaming Enforcement (DGE) has reported that the US state experienced an increase in online poker revenue in July, ending three consecutive months of declining sales figures. The three licensed online poker operators in New Jersey took just under $2.2 million (€1.6 million) in July, which was up 4.8% on the $2 million generated in the previous month. Despite the increase, July proved to be the second least successful month since online poker became regulated in New Jersey last year, with June of this year being the least successful in terms of revenue…
Christie Vetoes New Jersey Sports Betting Bill
With his veto pen, Gov. Chris Christie all but ended the New Jersey sports betting efforts to institute sports betting at its casinos and race tracks. Christie’s office announced today that he nixed a bill (S2250) that would have allowed New Jersey to circumvent the 1992 federal law that bans sports betting in most states, after New Jersey’s challenges to the law in court failed. In doing so, Christie called federal law “sacrosanct,” while the sponsor of the bill, state Sen. Raymond Lesniak, said Christie “stuck a dagger in the heart of Atlantic City and our ailing horse racing industry.”…
Amaya & New Jersey officials meet over gaming license
Star Tribune – A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world’s largest Internet poker site operate legally in the state, the state’s top casino regulator said. The state Division of Gaming Enforcement will begin the talks Thursday with Amaya Gaming Group, which is buying PokerStars and Full Tilt Poker for $4.9 billion, division director David Rebuck told The Associated Press. Most importantly, the sale involves PokerStars executives charged with fraud and money laundering resigning from the company. That would appear to clear the way for PokerStars to…
New Jersey online poker monthly revenue hits new low
iGaming Business – New Jersey online poker revenue levels hit a new low in May after the US state’s Division of Gaming Enforcement (DGE) reported a second consecutive monthly decline in internet poker revenue. The DGE posted online poker revenue of $2.3 million in May, a decrease of about 12.3% compared to the previous month. In April, the state also suffered a 19.3% month-on-month revenue drop to $2.6 million, but the May figures place online poker revenue at its lowest since it became regulated in New Jersey late last year. Total internet gaming win for May was $10.5 million, down from…