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Industry
October 10, 2023
NJ Online Casinos Remain the Biggest Gambling Tax Contributor
The rise of online gambling in New Jersey continues, as demonstrated by the recent revenue results. The vertical continues to be a major tax contributor and, according to a PlayNJ report, has surpassed the taxes produced by the nine Atlantic City casinos for the last three years. For example, data from the NJ Division of […]
Esports
October 6, 2023
Casino Esport Conference Arrives in Atlantic City in November
An interesting and much-anticipated event for the gaming and esports sector is scheduled to take place next month in Atlantic City, New Jersey. November 6 would mark the start of the Casino Esport Conference (CEC), a prestigious event that plans to bring together experts from the gambling, esports and technology verticals. The event, scheduled between […]
Casino
October 2, 2023
Record-Breaking Casino Tax Contributions Empower New Jersey Communities
Atlantic City’s casino industry contributed a staggering $504 million in taxes and fees during the last fiscal year, marking a record amount that is pivotal in supporting various programs for vulnerable residents across the state. Casino Revenue Fund Empowers New Jersey’s Vulnerable Residents The Casino Revenue Fund, established in 1976, was designed to channel state […]
Casino
September 29, 2023
New Jersey’s High-Risk Gambling Drops, but State Still Faces Challenges
A recent report commissioned by the New Jersey Division of Gaming Enforcement (DGE) and conducted by researchers at Rutgers University reveals a notable decline in high-risk problem gambling in the state, even as sports betting continues to gain traction. New Jersey’s Problem Gambling Stays Three Times Higher Than National Norm The report’s key findings indicate […]
Legal
September 21, 2023
PointsBet Hit with Fine in New Jersey over Betting Breaches
Gambling regulators across the United States constantly monitor their respective markets, ensuring that licensed casinos, online gambling and betting operators adhere to the established regulations. Whenever breaches are uncovered, usually, a fine may be imposed. However, in more severe cases, gambling regulators can also consider license revocation. One sports betting operator that was recently impacted […]
Legal
September 20, 2023
AC Police Arrest an Armed Woman Carrying Drugs outside Ocean Casino Resort
The Atlantic City police have arrested a woman carrying a gun outside the Ocean Casino Resort only to find out that she also carried multiple bags of heroin she might have intended to sell. Now arrested, the woman faces multiple years of jail time. Jadairah James is a 27-year-old local who already has a track […]
Industry
September 19, 2023
New Jersey’s Operators Earned $531.6M in August
The New Jersey Division of Gaming Enforcement, the state’s gambling regulator, published information about the financial performance of licensed gambling operators in August. According to the report, the local gaming and betting industry has earned a total of $531.6 million for the month. In addition to exceeding August 2022’s results, the year-to-date total gaming revenue […]
Business
September 7, 2023
Amelco Launches iGaming Suite in New Jersey
Amelco, a provider of sports betting, casino and lottery products and solutions, has rolled out its complete iGaming suite in New Jersey. The move will grow the company’s presence in the United States, allowing it to supply more operators with its solutions. Amelco offers an in-house casino aggregation suite that incorporates slot games, table titles, […]
Industry
August 24, 2023
Former Wells Fargo Advisor Jailed for Gambling-Driven Fraud Scheme
An investment advisor previously employed by Wells Fargo, based in Union County, New Jersey, has been handed a three-year and six-month prison sentence for orchestrating a sophisticated financial fraud scheme, resulting in a total loss of $626,478 for five clients. Exploitative Financial Advisor Preys on Vulnerable Clients The 39-year-old defendant manipulated the trust of his […]
Business
August 18, 2023
Hard Rock Launches Hard Rock Bet in NJ, Inaugurates iCasino
Hard Rock Digital’s acclaimed Hard Rock Bet app is now live in New Jersey, allowing local players to experience unforgettable gaming experiences. According to the announcement, the app’s features will also improve the experience of visitors of Hard Rock’s land-based properties in the state. Hard Rock Bet is a platform that is available to both […]
