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Gambling News - 'New jersey'
Industry
March 28, 2025
Kalshi and Robinhood, Slapped with Cease and Desist Orders in NJ
At the beginning of the month, prediction market Kalshi was ordered to cease and desist in Nevada and leave the state by March 14 for allegedly providing event-based contracts that resembled sports wagers without the proper license. Roughly two weeks later, the Nevada Gaming Control Board extended the term, enabling the New York-based company to […]
Industry
March 11, 2025
New Proposal Seeks Full Ban on Sweepstakes Casinos in NJ
In the last few years, the growing popularity of sweepstakes drew scrutiny by lawmakers across the United States. While several states have already taken strict action against sweepstakes casinos by filing legislation, lawmakers in others are yet to take action. One state that recently saw legislation proposing the regulation of sweepstakes, now faces a proposal […]
Industry
March 10, 2025
New Jersey Voters Back a Limit on Gambling Ads
New Jerseyans seem to be in favor of a limit on gambling ads in the state, according to a recent poll. Even if the Garden State is one of the friendlies to the gaming industry, many locals are ready to embrace stricter restrictions. Voters Are Fed up with the Ads According to the findings of […]
Casino
March 7, 2025
NJ Court to Decide on Unmasking Evolution Report Author by March 28
A New Jersey judge plans to rule on March 28 about granting a stay in the ongoing legal fight over revealing who wrote a controversial 2021 report. This report had a negative impact on the market value of gaming giant Evolution AB. Evolution Opposes Effort to Block Report Author Disclosure Judge John C. Porto had […]
Casino
March 6, 2025
Atlantic City’s Borgata Casino Pioneers Dual-Play Gambling
Atlantic City’s Borgata Hotel Casino & Spa is just one of the many casinos that have expressed optimism regarding the possibility of online gambling and traditional in-person casino experiences thriving together. Borgata VP of Casino Operations: “This Is the Future” The venue has been actively testing its theory by introducing a series of new baccarat […]
Industry
March 5, 2025
NJ Proposal Would Ban Public Colleges from Betting Deals
Many states across the United States currently prohibit wagering on college sports competitions. Fears about the impact of betting on young athletes and potential concerns related to addiction are among the main reasons why some states considered such a ban. New Jersey, one of the states that has a robust gambling sector, offering online sports […]
Industry
March 5, 2025
New Jersey Lawmakers Divided on Proposed Gambling Tax Hike
New Jersey is another US state where lawmakers are considering increasing gambling taxes. Late last month, Gov. Phil Murphy pitched a gambling tax hike, proposing an increase on the levy applicable for online gaming and sports betting. While most lawmakers oppose increasing taxes, one Democratic Senator spoke in favor of the proposed gambling tax increase. […]
Industry
March 3, 2025
Evolution Closes In on Anonymous Group Behind Damaging Report
A major court win has brought Evolution AB one step closer to unmasking the identity of the enigmatic entity behind a 2021 anonymous report that sparked a massive sell-off, wiping billions off the company’s market value. A New Jersey Superior Court judge has ruled that the report’s authors must be revealed, marking a significant victory […]
Casino
February 28, 2025
New Jersey Gambling Industry Fights Back Against Suggested Tax Increase
New Jersey’s gambling industry opposes Governor Phil Murphy’s plan to increase taxes on online gaming and sports betting. The proposal, which is part of the state’s $58 billion budget, aims to raise tax rates on internet gambling and sports betting from their current 15% and 13% to 25%. Experts Warn NJ Gambling Tax Increase Could […]
Casino
February 24, 2025
Smokefree Gambling to Gather Momentum Throughout 2025
Smoking has been a persistent issue for workers on casino floors. Many have objected to the fact that although smoking in public places is outlawed, casinos have enjoyed an exemption across the country. Ending Smoking on Casino Floors in New Jersey a Priority Industry and lawmakers have recognized the plight of casino workers, and a […]