Monmouth Park, through the owner of the land where it sits, the New Jersey Thoroughbred Horsemen’s Association (NJTHA), is suing the NCAA, the NFL, the NHL, the NBA and MLB for obstructing sports betting. If it is able to prove its case, it hopes to be able to collect as much as $150 million.
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Esports tournaments are unlike many other events because of how much equipment a location needs in order to be capable of properly holding a tournament. Esports executives insisted that the investments necessary to make esports events run smoothly are absolutely worth the risk for prospective venues, and can lead to successful partnerships for years to come.
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The Borgata is opening a $12 million project Saturday that includes a new sportsbook and entertainment project. The Moneyline Bar & Book opening comes just over a week after Bally’s opened its new $8.4 million sportsbook.
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For the first time more money was bet at New Jersey sportsbooks than at Nevada books in a month. In May, New Jersey books took $318.9 million in bets, beating Nevada books' $317.4 million in wagers during the month, according to gaming regulators in the two states.
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Casino.org reports the state’s gambling authority, the New Jersey Department Of Gaming Enforcement, recently ruled that the state’s sportsbooks would not be permitted to accept bets on the contest.
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A new report from the American Gaming Association (AGA) details the decline and ascent of New Jersey gambling revenue. From 2006-14, Atlantic City casino revenue was in a state of decay. The good news from the AGA report is that online casinos are bolstering the land-based revenue, and everyone is trending upward.
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A piece of legislation filed Monday in the state of New Jersey would relax part of a law pertaining to sports wagering that is hindering one Atlantic City casino. The bill, A 5463, would pave the way for Golden Nugget owner Tilman Fertitta, a billionaire who also owns the Houston Rockets NBA franchise, to see his struggling sportsbook accept action on NBA games
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Team USA has emerged as the favorite to win the 2019 FIFA Women’s World Cup after New Jersey’s own Carli Lloyd led the team to victory in its first two games.
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According to data from the New Jersey Division of Gaming Enforcement, the state’s May sports betting handle came in at nearly $319 million, not showing much of a drop as might’ve been expected following March Madness.
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Legalized sports betting in New Jersey will celebrate its one-year anniversary Friday and, by nearly any measure, has given a rebounding gaming industry in Atlantic City a significant boost.
Read More . . .Online gambling operator Kindred Group has officially gone live in the New Jersey market with its flagship brand, Unibet, through a partnership with Atlantic City’s Hard Rock Hotel & Casino.
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Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the nine casinos saw their gross operating profit decline by nearly 30% in the first quarter of this year compared to the same period last year, when there were only seven.
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