All four major U.S. casino corporations bumped up their allowances for bad debt during the recession, with one company estimating that fewer than half of outstanding debts would be repaid. Now, companies have lowered their estimates to pre-recession rates.
Read More . . .Mobile transaction and authentication solutions provider XYverify has received approval from the New Jersey Division of Gaming Enforcement to provide its geolocation verification services to casinos in the US state.
Read More . . .When Cantor Fitzgerald LP opened a sports-betting operation in Las Vegas, it promised to use technology and financial savvy to reinvent a fusty, minimally profitable corner of Nevada's gambling industry.
Read More . . .New Jersey's push to launch online gambling in November 26 took another step forward with the approval of Optimal Payments as a payment processor.
Read More . . .As has been said before, from the board room to the bedroom, position often means everything and that is precisely what is taking place in New Jersey right now – combatants within the gaming industry seeking to separate themselves from the pack either hovering or gathering at the seaside resort with the prospect and expectation of shoveling riches into barrels that the Giant from Jack and the Beanstalk would have trouble lifting.
Read More . . .Those wishing to dress up for Halloween this Thursday in Delaware will have a costume choice they didn't have last year, that being online gambler.
Read More . . .The issue: Five companies with applications for interactive gaming licenses needed deadline extensions because of a backlog of reviews of their systems for online poker play. Regulations impose a six-month limitation on previously approved licenses.
Read More . . .Bookmaker William Hill is offering future wagering on the 2014 Kentucky Derby horseracing event for customers in the US state of Nevada.
Read More . . .Volunteer groups and clubs in Pennsylvania might be able to run sports pools legally in time for the Super Bowl.
Read More . . .A new poll finds New Jersey residents nearly evenly split on whether the state should continue its efforts to legalize sports betting.
Read More . . .With New Jersey's online gambling launch date just five weeks away, Delaware quietly announced that its Internet gaming rollout will commence on Oct. 31.
Read More . . .New Jersey and Delaware are scheduled to launch Internet gambling this fall, with both states trying to counter the loss of gambling dollars to neighboring states.
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