Tag: new jersey
New Jersey Sports Betting Bill Almost Ready
Sometime in the next two months, the Supreme Court will make a ruling on a landmark case which could open the door for a New Jersey sports betting bill, as well as other US states to legalize the activity within their borders. While the SCOTUS decision might not be as cut and dry as some sports betting proponents countrywide would like, a pair of New Jersey lawmakers are preparing for a reality where the Professional and Amateur Sports Protection Act (PASPA), the law banning sports wagering outside Nevada, is fully repealed. Assemblyman Eric Houghtaling and Assemblywoman Joann Downey recently introduced…
US Online Poker Liquidity Expands
WSOP.com and 888Poker have submitted for testing their new poker software. The hope is to grow US online poker via regulatory bodies in Delaware, Nevada and New Jersey, with the goal of pooling players from all three U.S. states upon the anticipated approval by all jurisdictions – a major step for gaming operators in the U.S. The linking of all three states is hopeful to go live on Tuesday, May 1 and would allow customers in Delaware, Nevada and New Jersey to play poker against each other, if final approval is granted from all jurisdictions. This shared-liquidity* gives way for…
DraftKings Looks for Sports Betting Partners in New Jersey
DraftKings has confirmed that it has spoken with various casinos in New Jersey about partnerships for offering sports betting in the US state. According to the Associated Press news agency, DraftKings said it has around 10 million customers, but currently focuses on its daily fantasy sports (DFS) service. DraftKings spokesman James Chisholm said the company is “perfectly positioned to succeed in a legal sports betting market”. However, DraftKings also said that it has no immediate announcements about a deal in New Jersey and made no suggestions that its plans could extend to other states. In recent months, the firm has…
New Jersey Online Gaming Revenue Still Rising
There has been reported growth for New Jersey online gaming for the month of February. Internet gaming win last month in the US state amounted to $22m (€17.8m), which is 17.5% more than in February last year. However, official figures from the New Jersey Division of Gaming Enforcement also show ongoing losses in the state’s land-based market. Casino win in February came in at $170.1m, down 8.9% on the $186.6m posted in the same month last year, but an improvement on $162.4m in January of this year. You can find more about the growth of New Jersey online gaming at…
New Jersey Online Poker Could Surge with Cross Border Liquidity
The overall picture of New Jersey online poker is stagnant, while other internet gambling is showing significant growth since the industry launched in November 2013. Last year delivered another growth spurt of nearly 25% and put the total gross gaming revenue over the $770 million mark at the end of 2017. The dissected picture, however, shows that the revenue increases have been coming primarily from the online casino games sector, as online poker has been on a relatively consistent downswing for more than a year. Whether the market is saturated or operators are simply uninterested in pursuing a larger poker…
New Jersey Ready to Accept Sports Betting Applications
New Jersey gaming officials, Atlantic City casinos and the state’s racetracks are revving up to offer legal sports betting as the United States Supreme Court prepares to release a potential landmark decision in the coming months. The New Jersey Division of Gaming Enforcement is encouraging businesses and individuals interested in sports betting to apply for a casino service industry license ahead of the Supreme Court ruling, which could be released as early as March 5. “The Division of Gaming Enforcement recognizes it needs to be prepared to investigate and license businesses and individuals seeking to enter the New Jersey gaming…