Super Bowl LIII on Feb. 3 is the first one in which gamblers can place legal sports bets outside of Las Vegas, priming the "big game" to be the most-wagered sporting event ever, with experts predicting over $320 million to be wagered.
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Better late than never, Hard Rock Hotel & Casino Atlantic City has joined the New Jersey sports betting party. Property officials confirmed Saturday the start of a “soft-play” testing of equipment and systems for the provision of wagering services.
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The refund by PointsBet of losing NFC Championship wagers may prove to be a brilliant marketing move or it could set them and New Jersey's fledgling sports betting industry up for a fall.
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Former state Sen. Ray Lesniak, who played a heavy hand in a U.S. Supreme Court case knocking down the near-nationwide ban on sports betting, said that alone could prove troubling for New Jersey’s gambling industry, even if the patrons are physically located in New Jersey when gambling.
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Marco Minuto, 60, originally was taken into custody in Bergen County last month on money laundering charges. A judge ordered him released hours later under New Jersey’s 2017 bail reform law.
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New Jersey gambling regulators are looking into a sports betting tournament held over the weekend in which some competitors were unable to make bets on an NFL playoff game, costing them a shot at a $1 million top prize.
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The opening of two new casino properties, the introduction of legalized sports betting and the continuous growth of internet wagering all contributed to a total gaming revenue increase of nearly 8 percent in 2018 compared to the prior year, according to figures released Monday by state regulators.
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The Borgata Hotel Casino & Spa says work will begin next week on an $11 million project to expand its sports book and integrate it with what the casino calls a “destination bar.”
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The casino, which opened June 27, has struggled to gain a significant market share among Atlantic City’s nine properties, and its parent company is facing liens from construction workers who claim they have not been paid.
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Of all the encouraging figures in the most recent New Jersey gaming revenue report, perhaps the most eye-catching was the number 1,908,742. That was the revenue, in dollars, generated by the live sportsbook at Ocean Resort Casino in November.
Read More . . .The casinos in Atlantic City are having the best year they have had in ten years and some people are beginning to speculate the city is back on the road to prosperity
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Choosing the top five NJ sports betting moments was difficult because there were so many contenders. In the end, we were forced to choose just five. Here are our top-five, headline-making sports betting stories for 2018.
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