iGaming Business – New Jersey online poker revenue levels hit a new low in May after the US state’s Division of Gaming Enforcement (DGE) reported a second consecutive monthly decline in internet poker revenue. The DGE posted online poker revenue of $2.3 million in May, a decrease of about 12.3% compared to the previous month. In April, the state also suffered a 19.3% month-on-month revenue drop to $2.6 million, but the May figures place online poker revenue at its lowest since it became regulated in New Jersey late last year. Total internet gaming win for May was $10.5 million, down from…

4Flush – Legal online poker is currently available in three US states, Nevada, Delaware, and New Jersey, and it may soon be coming to a state near you thanks to the 2011 reversal of their interpretation of the Wire Act –after declaring the Wire Act applied to all forms of online gambling back in 2002, the DOJ now feels it only applies to sports-betting. This new interpretation opened the door for states to pass online gambling legislation, and with the federal government unlikely to take action either way, it appears online gambling will be left up to each state for…

Las Vegas Sun – New Jersey is bolstering its legal arguments as it tries to get the U.S. Supreme Court to consider its effort to overturn a ban on legalized sports betting in all but four states. In a filing submitted Tuesday, the state says the federal law needs to be reviewed immediately. Theodore Olson, who won the Bush v. Gore election case in 2000, says the ban impermissibly restricts states’ rights. He also says the high court needs to consider the way the law treats states differently. The law restricts sports betting to states that met a 1991 deadline…

NJ.com – Those who want to stop themselves from being allowed to gamble in New Jersey would be able to without admit a gambling problem under legislation advanced by a Senate panel today. New Jersey keeps lists of people who have self-excluded themselves from gaming activity, either at Atlantic City casinos and online or just online. But in order to get on the lists, an applicant has to acknowledge he or she is a “problem gambler.” For some, that’s a step too far, according to those who deal with gambling addicts. “This is an option for people who are thinking…

iGaming Business – Online gambling and betting firm Bovada has announced it will no longer be accepting new registrations for its online poker service in New Jersey. Bovada offers online poker in the US state through its Bovada.lv website, but will no longer be taking new applications. In a statement, Bovada said: “Our partner brand Bovada.lv has chosen to stop new account registrations for residents of the state of New Jersey. Existing account holders will not be affected. “This is a decision they have taken of their own volition and they hope that their existing customers continue to enjoy all…

NJ.com – Working as a bookmaker for the mastermind of illegal sports gambling, Ron “The Cigar” Sacco, I’ve seen it all. I began clerking for Sacco in Los Angeles in 1986, when his organization was taking in a meager $40 million a year in bets. Raids on his offices in the United States eventually prompted Sacco to relocate offshore to the Dominican Republic, where gambling is legal. The feds were not deterred and Sacco was captured in 1993. By then his business was generating an estimated $1 billion a year in bets. Fast-forward two decades: U.S. News and World Report…