The New Jersey Division of Gaming Enforcement (DGE) said this week that, as of the first of last month, there were 22,352 employees now back in action at Atlantic City’s nine casinos. However, that is a drop of 21.8% from the 6,233 seen a year earlier, and things aren’t likely to improve as the city enters the last quarter of the year.
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After passionate pleas for support of the bill from U.S. Reps. Paul Tonko, a New York Democrat, and Andy Barr, a Kentucky Republican, the bipartisan legislation that would see formation of the Horseracing Anti-Doping and Medication Control Authority to oversee the sport's equine medication and anti-doping policies and its drug testing was passed by a resounding voice vote (no opposition votes were audible).
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NJ Online Gambling asked Penn National Gaming Senior Vice President of Public Affairs and Government Relations Eric Schippers that question, and he replied, “We don’t have a timeline for you yet on our planned New Jersey launch.” For what it’s worth, that response further confirms that NJ bettors will have the Barstool option eventually.
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The news on Friday was that Caesars and private equity firm Apollo have both submitted cash offers to acquire William Hill. The gambling company has a $2.9 billion market cap, so this is a big offer by any measure. But it's not that big when compared to the market cap gains DraftKings and Penn National have made, two of the companies that have benefited the most from online gambling hype, so it's understandable why Caesars wants in on the action.
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After weeks of speculation, 5Dimes closure to American customers is part of an agreement reached with the U.S. Attorney's Office for the Eastern District of Pennsylvania to avoid continued investigation and prosecution.
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Free baseball picks from Doug Upstone for September 30
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The Miami Heat are something of a surprise to get to the NBA Finals. They can finish the job as they take on the Los Angeles Lakers in Game 1.
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Sportsbook operator DraftKings reported taking several very big bets this week, each for hundreds of thousands of dollars. These days, with the American sports betting market expanding around the nation, six-figure bets are much more common than they were in years past. Traditionally, though, the largest bets were on the point spread or money line of big games. Those types of wagers attract the most betting handle, so taking a big bet on a point spread, for example, makes it easier for bookmakers to mitigate risk.
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Add North Dakota to potential sports betting states. International Game Technology announced a deal Friday with the Turtle Mountain Band of Chippewa Indians to provide the company’s sports betting technology for the tribe to use in its two casinos – Grand Treasure Casino in Trenton and Sky Dancer Casino and Resort in Belcourt.
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The first casino built downtown in four decades, Circa is providing some 1,500 jobs at a time the coronavirus pandemic has rocked the Las Vegas economy, sending unemployment skyrocketing. Gov. Steve Sisolak ordered casinos and other nonessential businesses closed in mid-March to help curb the spread of the virus. And although casinos were allowed to reopen starting June 4, tourism is a fraction of prepandemic levels.
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