Internet Gambling a Boon for Atlantic City?

The folks who write the checks that help keep Atlantic City’s casinos afloat say internet gambling can help revive the market’s flagging fortunes. Speaking at The East Coast Gaming Congress Wednesday, a panel of Wall Street analysts said the investment community views Internet gambling as a way to finally end the city’s seven-year losing streak. The state plans to offer online bets by the end of the year. “I’m probably one of the more bullish people on this,” said David Berman, senior managing director of Macquarie Capital. “It’s a big boon for Atlantic City and New Jersey.” Internet gambling will…

Belmont Stakes: Oxbow vs. Orb in the cards

Another year, another Triple Crown hopeful unable to come through. After Oxbow upset Kentucky Derby winner Orb in Saturday’s Preakness to extend racing’s Triple Crown drought to 36 years, the next best alternative for the Belmont Stakes is a rematch. And, it appears one is in the making. Both trainers are giving every indication their classic-winning colts will run in the Belmont on June 8. “You know me,” Hall of Fame trainer D. Wayne Lukas said after Oxbow’s 1¾-length victory over Itsmyluckyday, with 3-5 favorite Orb finishing fourth. “I like to rack them up in the big events. So, I’ll…

New Hampshire House To Vote On Casino Bill

From Card Player The Associated Press reported that the New Hampshire House is voting Wednesday on whether the state should expand gambling. In an effort to keep pace with neighboring Massachussets, the bill would allow 5,000 slot machines and 150 table games at an already existing gambling facility. Supporters reportedly are arguing for much needed increases in tax revenue while opponents say a casino will increase addiction for some persons in the state, as well as potentially cause damage to New Hampshire’s apparent family-friendly image. New Hampshire’s casino bill is in the House after passing the Senate this spring. Its…

Gaming in Holland Conference Highlights Opportunities in a Regulated Market

From iGaming Business The second annual Gaming in Holland Conference is taking place on the 10th June 2013 and is a part of the iGaming Super Show, which is being held in Amsterdam on the 11th – 14th June 2013. “The iGaming Super Show is a phenomenal trade show, and when we found out they were coming to Amsterdam we immediately teamed up with them. Our target audiences have strong overlaps, and we wanted people to be able to save time and money by attending both events in one trip,” said Willem van Oort, Conference Producer for Gaming in Holland….

NFL betting market shaping up in Las Vegas

From Sporting News The LVH SuperBook released its NFL season win totals and games of the year point spreads on Sunday. The SuperBook, the first Nevada shop to post lines on NFL Week 1 games, followed with numbers on 80 more games on Sunday. Heading into the final full week of May, the LVH joins Cantor Gaming as the only Las Vegas sports books to have NFL point spreads open for betting – and there are some big differences in opinion between the two shops on a few teams, most notably the New England Patriots. — The SuperBook opened the…

New Jersey to publish proposed iGaming regulations next month

From iGaming Business After ratifying legislation last year that will authorise its land-based casinos to offer online gambling services, New Jersey has announced that it intends to publish the proposed regulations governing these activities early next month. The New Jersey Division of Gaming Enforcement revealed that the new guidelines for Internet wagering are to be issued via the New Jersey Register on June 3 followed by a 60-day public comment period with final adoption following review process due to take place soon after. A special draft of the proposed regulations has also been made available via the New Jersey Division…