NEWARK, N.J. (Associated Press) - Supporters of legalized sports betting in New Jersey have won a victory in court.
The 3rd U.S. Circuit Court of Appeals in Philadelphia voted Wednesday to reconsider an earlier ruling that banned New Jersey’s attempt to offer sports betting at casinos and racetracks.
That means the 2-1 ruling in August is vacated, and the full 3rd Circuit will rule on the case.
In order for Amaya Gaming to receive full licensing in the state of New Jersey, four high ranking executives must leave the company.
The New Jersey Division of Gaming Enforcement (DGE), after extensive investigation, has declared these four individuals unfit to manage the firm under the licensing requirements.
Esteemed gambling attorney I. Nelson Rose explains how a Court once again gets it wrong as it applies to the legalization of sports betting in the state of New Jersey
Last year, I wrote an article explaining why the federal Court of Appeal was incorrect in ruling New Jersey could not regulate sports betting.
The same court has now got it wrong again, this time ruling that the Garden State cannot even deregulate sports betting.
In other words, when it comes to sports betting, New Jersey may not regulate, and it may not not regulate.
ATLANTIC CITY, N.J. (Associated Press) - An Atlantic City casino locked in a legal battle with poker pro Phil Ivey over an alleged card cheating scam is seeking to have the famous gambler's lawsuit dismissed.
The Borgata filed a motion in federal court Wednesday seeking to have Ivey's counterclaims dismissed.
A judge will hear the request Nov. 2.
LAS VEGAS (AP) - The industry group representing casinos, racetracks and sports books in 40 states where gambling is legal wants there to be no confusing it for illegal gambling linked to violent organized crime.
American Gaming Association CEO Geoff Freeman said Tuesday that illicit gambling damages the industry's credibility with policy makers and the public and steals away customers.
The news has been filing in via Twitter about the case, the result of which had been anticipated for months. The U.S. Third Circuit Court of Appeals held the status quo, which is sports betting cannot take place in New Jersey:
In 2014, New Jersey had passed a law that would allow sports betting to take place at its casinos.
The professional sports leagues in the U.S. (NBA, NFL, MLB and NHL), the NCAA and the U.S. Department of Justice took New Jersey to court over the law, trying to keep the ban in place. The leagues won in the lower court before again winning this appeal.
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In a happy turn of events, New Jersey regulated online poker revenues have reversed a trend of three consecutive declining months with $2.06 million in December 2014 revenues reported by the New Jersey Division of Gaming Enforcement (NJDGE).
On Dec. 1, Betfair officially closed its New Jersey online poker room after failing to penetrate the market.
According to US Poker, this move has no affect on its New Jersey casino site or any of its poker operations in the rest of the world.
Billionaire casino magnate Sheldon Adelson — a top Republican donor who could boost Gov. Chris Christie's potential presidential campaign — said he'd be interested in building a casino in the Meadowlands if the state allows gambling to expand, according to a report by the Associated Press. Especially now that Secaucus no longer has pig farms.
A college near Atlantic City may buy one of the Jersey Shore resort town's defunct casinos.
Atlantic City Mayor Don Guardian disclosed college officials' interest in real estate at an economic forum in Burlington County Wednesday, the newspaper reported.
"So in the next couple of weeks, you’ll see they’re either going to end up with the Atlantic Club, which means all the property in that section of town will become the college district,” Guardian told conference attendees, according to The Press of Atlantic City.
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The state Division of Gaming Enforcement says it is seeking game developers' proposals to conduct real-money gambling on skill-based games, which would make New Jersey a nationwide laboratory for a betting phenomenon many have predicted will become the next big thing.
And because of its vast potential reach, some are worried that the addictive nature of the games and their easy availability on smartphones and tablets could cause some people to get in way over their heads when the money is real. But New Jersey sees it as another way to help its struggling casino industry.
As Gambling911.com confirmed last month, Betfair will be staying in the New Jersey online gambling market after signing a deal with Caesar’s Interactive Entertainment.
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ATLANTIC CITY — A Canadian asset management company that owns the Hard Rock Hotel in Las Vegas won a bankruptcy court auction for the failed Revel in Atlantic City on Wednesday and plans to re-open it as a casino.
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