New Jersey sportsbooks continue record breaking run in September
- Oct 18, 2020
The city’s largest poker room will be the first to welcome back players when it reopens next week. Borgata Hotel Casino & Spa will open The Poker Room at 10 a.m. Wednesday with some minor adjustments to account for the ongoing coronavirus pandemic
Read More . . .New Jersey is slated to present the National Collegiate Athletic Association’s 2025 East Regional at Prudential Center in Newark, with Seton Hall University as the host. And ahead of that, state lawmakers want to partially lift a ban on sportsbooks accepting wagers on collegiate games taking place in the Garden State.
Read More . . .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.
Read More . . .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.
Read More . . .A Press Of Atlantic City report indicates that the New Jersey Assembly Budget Committee signed off on a measure yesterday that would allow for temporary tax breaks for casinos in Atlantic City. A4032/S2400 had already made its way through the Senate this past June without too much resistance, and the full State Assembly is expected to vote on the bill tomorrow.
Read More . . .New Jersey’s pioneering effort to offer exchange wagering on horse racing in the U.S. comes to an end on Oct. 1 when Betfair exits the stage – or does it?
Read More . . .Caesars Entertainment named Jacqueline Grace as senior vice president and general manager of Tropicana, one of four casinos it currently operates in Atlantic City. Grace becomes the second Black woman in charge of an Atlantic City casino, joining the Borgata president, Melonie Johnson.
Read More . . .New Jersey's sportsbooks used the return of major sports to catapult to the best month in the history of any legal jurisdiction. And in generating nearly $670 million in August wagers, New Jersey surpassed $8 billion in sports bets since launching in June 2018 and again staked its position as the largest and most dependable U.S. market, according to PlayNJ.
Read More . . .Boardwalk sportsbooks took on a formidable amount of patrons, with chatter among the happy crowd being all about “normal,” “the new normal,” and “normal enough.” The casinos are restricted to 25% capacity in light of the COVID-19 pandemic — but that is for overall square footage. For the sportsbooks, that did not necessarily hold.
Read More . . .Second-quarter results for eight of Atlantic City’s nine casinos showed a steep decline in gross operating profits. Buoyed by its strong iGaming program, the Golden Nugget (l.) was the sole organization to turn a profit for the quarter. And analysts say the city will fully recover, perhaps by 2022.
Read More . . .MGM Resorts International, which owns Borgata Hotel Casino in Atlantic City, plans to lay off 2,295 staff at the South Jersey resort, as the COVID-19 pandemic wrecks the nationwide casino industry. Their separations are effective Monday, Aug. 31, according to a Friday letter separation from MGM President and Chief Executive Officer Bill Hornbuckle.
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