Legal New Jersey Casinos

Legal Online Casino Betting in New Jersey

Chris Christie Backs Atlantic City Takeover Plan

(Reuters) - Atlantic City's local officials backed a revised plan proposed by New Jersey Governor Chris Christie on Tuesday that called for the city to be rescued through additional layers of state oversight and new revenue sources.

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Atlantic City Loses More Than Half Its Revenue During Past Nine Years

ATLANTIC CITY, N.J. –  (Associated Press) - Atlantic City has lost more than half of its casino revenue during the past nine years.

That depressing news Wednesday came only hours after New Jersey lawmakers introduced a bill that has long been the worst nightmare of the Atlantic City casino industry — a referendum to expand casino gambling to the northern part of the state.

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Agreement Reached in Northern New Jersey Casino Expansion Plan

TRENTON - (Associated Press) - New Jersey lawmakers have reached a deal to put a statewide referendum on the November ballot asking voters whether to approve two new casinos in the northern part of the state.

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New Jersey November Online Gambling Numbers Highest Ever

New Jersey regulated online gambling has seen its highest revenue total to date this November, a whopping $13.22mm.  This beat the previous record set in March of this year.

Casino revenue ($11.26mm) helped drive that performance and, for the first time ever, Resorts Online Casino pushed past the the $1mm mark.

Poker moved into positive territory both month-over-month and year-over-year for the first time in recent memory.

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New Jersey Voters to Decide if Casinos Expand Beyond Atlantic City

(Associated Press) - New Jersey voters would be asked in November whether to approve two new casinos in the northern part of the state under an agreement unveiled Friday by state lawmakers.

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New Jersey Proposes Celebrity Endorsements for Online Gambling

ATLANTIC CITY, New Jersey — (Associated Press) - New Jersey is proposing another way to boost its Internet gambling market: letting casino companies hire and fund celebrities to play online poker with the public.

The state Gaming Enforcement Division unveiled a proposal Thursday to let Internet gambling licensees hire celebrities, and provide them money with which to gamble.

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More Atlantic City Casinos on the Brink of Closure

ATLANTIC CITY – (Associated Press) - A Wall Street firm predicts a new wave of casino expansion in the northeast will lead to more casino closings in Atlantic City.

Moody’s Investors Service says eight new casinos opening in the next three years will put even more pressure on those already struggling to survive.

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Online Gambling Boom Yet to Arrive in New Jersey

ATLANTIC CITY, N.J. - (Associated Press) - Internet gambling is slowly growing — but not expanding — after 21/2 years of online betting in the United States.

Online gambling revenue is increasing in at least two of the three states that offer it — New Jersey and Delaware. The third, Nevada, doesn’t report Internet revenue separately.

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Atlantic City Casino Profits Up 61 Percent in 3rd Quarter 2015

ATLANTIC CITY, N.J. (Associated Press) — Atlantic City's casinos saw their gross operating profits increase by 61 percent in the third quarter of this year.

Figures released Monday by the state Division of Gaming Enforcement show the eight casinos turned a collective profit of $237.4 million in July, August and September.

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Betfair Gains First New Jersey Exchange License

Europe’s leading sports betting exchange has just been granted the first ever New Jersey state exchange wagering license.

The New Jersey Racing Commission (NJRC) licensed Betfair US in partnership with Darby Development, the racetrack operator of Monmouth Park.

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