Gov. Chris Christie said today that he still expects online gambling in New Jersey to produce about $1 billion in casino revenue by July 1.Industry analysts have said Christie's projection — part of the current state budget, which anticipates $160 million in tax revenue from the venture is far too optimistic.
Read More . . .Online payments provider Optimal Payments has extended its partnership with online gambling operator 888 Holdings in order to offer an integrated suite of payment processing services for the licensed US gaming market.
Read More . . .Wynn says he's satisfied sitting on the sidelines as others pursue cyber opportunities. He is focused on a casino bid in Massachusetts after backing out of plans to build in Pennsylvania.
Read More . . .The first week of Internet gambling in New Jersey went well, according to the state's top casino regulator, who says he finally stopped worrying about it."I'm pleasantly pleased," said David Rebuck, director of the state Division of Gaming Enforcement.
Read More . . .If you haven't noticed the new advertisements for online gambling in New Jersey, just wait: Soon, you won't be able to miss them.One of the United Kingdom's largest online betting and gaming operators is making a pitch for players through billboard and radio ads as competition heats up in New Jersey's fledgling online gambling market.
Read More . . .A small, shuttered casino in a tiny Michigan town is at the center of a case coming Monday before the U.S. Supreme Court that could redefine when American Indian tribes can be sued and under what conditions.
Read More . . .When Internet gaming launched last week in New Jersey, the Atlantic City Alliance - the resort's chief marketing arm - was noticeably silent.
Read More . . .With more and more states around it opening and/or expanding their casino businesses, New Hampshire is getting left behind. So it's become increasingly important for the state to address the movements happening from its neighbors and that's precisely why a panel is set to meet on December 6 to discuss a bill that would expand gambling in the state.
Read More . . .A Moody's bond analyst estimated this week that New Jersey gamblers' online losses could result in as much as $100 million in total operating profit for the seven Atlantic City casinos that have Internet gaming permits
Read More . . .New Jersey's first virtual casinos go live today, a highly anticipated moment for the industry since it's the third, and by far the most populous, state to legalize online gambling after Delaware and Nevada.
Read More . . .A potential stumbling block to the rapid takeoff of online gambling in New Jersey - where casino sites opened to the public Tuesday - is the refusal of many banks to allow gamblers to deposit money into online casino accounts with Visa cards.
Read More . . .With all eyes turned towards New Jersey as it becomes the first sizeable US state in terms of population figures to regulate real money online gaming products, H2 Gambling Capital has announced that the Garden State's newly-regulated "igaming market has the potential to generate in the region of US$370m in gross win
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