Tag: new jersey
Spin Games release six new titles in New Jersey
iGaming Business – US distributor KGM Gaming and gaming content developer Spin Games have successfully launched six new HTML games in the regulated New Jersey interactive gaming market. The six HTML5 games are part of the proprietary Video Poker Royale suite, which cinsists of Deuces Wild, Deuces Wild Elite, Double Double Regal Poker, Double Regal Poker and Regal Poker Deluxe. Under a previous deal with Caesars Interactive Entertainment, the two companies agreed to provide the land-based operator with a remote gaming server and game titles for its online gaming operations in the US state. The six new games are now…
New Jersey could require stricter licensing for payment processors
Las Vegas Review Journal – New Jersey wants stricter licensing requirements for companies that handle Internet gambling deposits and payments, in the hope it would make banks more willing to let online bettors use credit cards. Banks’ reluctance to allow credit card use is one of the main things holding back the growth of New Jersey’s new Internet gambling industry. Speaking Tuesday at the East Coast Gaming Congress in Atlantic City, state Senator James Whelan, a former Atlantic City mayor, said a bill introduced in February would require payment processors to obtain a casino industry service license. Payment processors currently…
New Jersey Attorney General Blocks Gaming Affiliates
Poker Addict – Several regulated online gambling industry members have expressed to me that the affiliate arrangement in New Jersey was not working. The main complaint is that some affiliates that are promoting New Jersey sites are also advertising offshore sites on the same pages and websites. Some in the regulated New Jersey online gaming market believe that this is unfair competition from illegal sites and want to put an end to it. Gambling911 first reported what had been rumored for weeks. The New Jersey Attorney General’s office would start to enforce the promotion of offshore sites and affiliates could…
New Jersey Senator Lesniak to craft sports betting bill for casinos
North Jersey – State Sen. Ray Lesniak, D-Union, on Monday announced at the East Coast Gaming Conference in Atlantic City that he is preparing a bill to allow for private operation of sports betting at the state’s racetracks and casinos – threatening to call the bluff of the federal government regarding sports betting, . Lesniak spearheaded legalization of online gaming in the state as well as its challenge of a federal law now negating the state’s sports betting law. He said he will move forward on the bill in the Legislature should the U.S. Supreme Court decline to hear the…
New Jersey Internet Gambling Sees Decline in April
Gambling 911 – New Jersey’s fledgling Internet gambling industry saw its first monthly decline, falling slightly to $11.4 million in April. In March, which had one more day of gambling than April had, Internet gambling brought in $11.9 million. Figures released Wednesday by the state Division of Gaming Enforcement show the average online take per day was $380,958 in April, down from $383,173 in March. Online gambling had shown monthly increases of 28 percent in January, 9 percent in February, and 15 percent in March. It began in late November as a way of helping the struggling casinos bring in new revenue…
Caesars mulling Atlantic City closures
Bloomberg – Caesars Entertainment Corp. (CZR), the largest operator of casinos in Atlantic City, New Jersey, is looking for ways to reduce capacity in the struggling market, including closing properties. “We are looking at all of our options to reduce the cost of doing business here,” Chief Executive Officer Gary Loveman said yesterday on a conference call after reporting a wider first-quarter loss. “All the businesses in A.C. are under tremendous pressure.” Caesars has been struggling to remain solvent amid a glut of casinos and weak consumer spending, following a 2008 leveraged buyout that left the company with about $23…















