Gambling in New Jersey

LouisianaSharp.com Projects $175 Million Louisiana Online Sports Betting Market

Retrieved on: 
Wednesday, July 21, 2021

NEW ORLEANS, July 21, 2021 /PRNewswire/ -- The Louisiana state legislature approved online and retail sports betting earlier this summer.

Key Points: 
  • NEW ORLEANS, July 21, 2021 /PRNewswire/ -- The Louisiana state legislature approved online and retail sports betting earlier this summer.
  • Up to 41 online sports betting licenses and 20 retail sportsbooks could eventually operate in the Pelican State.
  • LouisianaSharp.com projects that the market could bring in $175 million in annual online sports betting revenue.
  • The state's sports betting bill calls for a 15% tax on mobile sports betting revenue and 10% on land-based revenue.

Showboat Hotel Brings Glory Days of Boxing Back to Atlantic City

Retrieved on: 
Wednesday, June 23, 2021

ATLANTIC CITY, N.J., June 23, 2021 /PRNewswire/ --Atlantic City is thinking big again.

Key Points: 
  • ATLANTIC CITY, N.J., June 23, 2021 /PRNewswire/ --Atlantic City is thinking big again.
  • Hard Hitting Promotions, Philadelphia's premier boxing promotion, and Showboat Hotel, the Boardwalk's largest non-gaming hotel, have entered into a 12 Fight boxing series agreement dubbed, Boardwalk Boxing.
  • Those were the days when fighters such as Arturo Gatti, Roberto Duran, and Mike Tyson made Atlantic City the destination for boxing.
  • Atlantic City used to attract the best boxing audience in the '90s and I know they'll come back to see good fights."

Hard Rock Hotel & Casino Atlantic City Launches Hard Rock Air

Retrieved on: 
Friday, June 4, 2021

ATLANTIC CITY, N.J., June 4, 2021 /PRNewswire/ --Hard Rock Hotel & Casino Atlantic City announced today the launch of Hard Rock Air.

Key Points: 
  • ATLANTIC CITY, N.J., June 4, 2021 /PRNewswire/ --Hard Rock Hotel & Casino Atlantic City announced today the launch of Hard Rock Air.
  • Hard Rock Air will further elevate Atlantic City as a premier entertainment destination with flights from Farmingdale, White Plains, Norfolk, Richmond, Baltimore, Cincinnati, Scranton and Latrobe.
  • "We are confident that Hard Rock Air is going to take our VIP guest experience to new heights and offer a convenient, seamless getaway that is unmatched in the market," said Joe Lupo, President of Hard Rock Atlantic City.
  • The getaway also includes overnight accommodations at Hard Rock Atlantic City and ground transportation to and from Atlantic City International Airport.

East Coast Music Hall of Fame Shifts Event Dates to June 6th and June 7th, 2022 Amid Tri-State Area Gathering Restrictions

Retrieved on: 
Wednesday, April 14, 2021

b'ATLANTIC CITY, N.J., April 14, 2021 /PRNewswire/ -- The East Coast Music Hall of Fame ( http://www.ecmhof.org ) announced today its plans to move its 2021 Gala and associated events to June 6th and 7th 2022.

Key Points: 
  • b'ATLANTIC CITY, N.J., April 14, 2021 /PRNewswire/ -- The East Coast Music Hall of Fame ( http://www.ecmhof.org ) announced today its plans to move its 2021 Gala and associated events to June 6th and 7th 2022.
  • The event location will remain at Harrah\'s Resort and Casino in Atlantic City located at 777 Harrah\'s Blvd, Atlantic City, NJ 08401.
  • We look forward to seeing everyone for a spectacular event on June 6th and June 7th, 2022.
  • As part of their crusade to raise awareness of these artists, on April 6th, they launched a web-based interview series, "East Coast Music with Norman Bergen."

Improving Legal Infrastructure Helps Expand Online Betting Possibilities

Retrieved on: 
Thursday, December 3, 2020

NEW YORK, Dec. 3, 2020 /PRNewswire/ -- As the legal infrastructure becomes friendlier towards online gambling, many companies in the gambling industry are beginning to offer more betting options.

Key Points: 
  • NEW YORK, Dec. 3, 2020 /PRNewswire/ -- As the legal infrastructure becomes friendlier towards online gambling, many companies in the gambling industry are beginning to offer more betting options.
  • New Jersey proved to be very successful after the first year legalizing online gambling, recording a substantial increase in state revenue.
  • Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting.
  • An increasing number of online events with large prize pools are expected to create new opportunities for players and betters alike.As for sports betting, the segment has also benefited from a continuously improving and friendlier legal infrastructure.

Improving Legal Infrastructure Helps Expand Online Betting Possibilities

Retrieved on: 
Thursday, December 3, 2020

NEW YORK, Dec. 3, 2020 /PRNewswire/ -- As the legal infrastructure becomes friendlier towards online gambling, many companies in the gambling industry are beginning to offer more betting options.

Key Points: 
  • NEW YORK, Dec. 3, 2020 /PRNewswire/ -- As the legal infrastructure becomes friendlier towards online gambling, many companies in the gambling industry are beginning to offer more betting options.
  • New Jersey proved to be very successful after the first year legalizing online gambling, recording a substantial increase in state revenue.
  • Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting.
  • An increasing number of online events with large prize pools are expected to create new opportunities for players and betters alike.As for sports betting, the segment has also benefited from a continuously improving and friendlier legal infrastructure.

Landcadia Holdings II, Inc. Obtains New Jersey Regulatory Approval

Retrieved on: 
Wednesday, November 25, 2020

HOUSTON, Nov. 25, 2020 /PRNewswire/ -- Landcadia Holdings II, Inc. (Nasdaq: LCA)("Landcadia II") announced today that regulatory approval has been obtained from the New Jersey Casino Control Commission to acquire Golden Nugget Online Gaming, Inc. ("GNOG").

Key Points: 
  • HOUSTON, Nov. 25, 2020 /PRNewswire/ -- Landcadia Holdings II, Inc. (Nasdaq: LCA)("Landcadia II") announced today that regulatory approval has been obtained from the New Jersey Casino Control Commission to acquire Golden Nugget Online Gaming, Inc. ("GNOG").
  • "We are appreciative of the efforts of both the New Jersey Division of Gaming Enforcement and the Casino Control Commission in approving our transaction," said Tilman J. Fertitta, Co-Chairman and CEO of Landcadia II.
  • "With this regulatory approval, we are one step closer to completing our acquisition of GNOG," said Landcadia II's General Counsel, Steven L. Scheinthal.
  • Landcadia II and its directors and executive officers may be deemed participants in the solicitation of proxies from Landcadia II's stockholders with respect to the proposed transaction.

The U.S. Betting Industry Won Big at the Polls

Retrieved on: 
Friday, November 6, 2020

The U.S. gambling industry won big at the polls on Tuesday, as three additional states are now set to authorize legal sports betting and three others have either approved or are expanding casino gambling.

Key Points: 
  • The U.S. gambling industry won big at the polls on Tuesday, as three additional states are now set to authorize legal sports betting and three others have either approved or are expanding casino gambling.
  • As the legal system slowly becomes more friendly towards online sports betting, states around the country look towards the young and growing industry to raise tax revenue.
  • Recently, the advancement of sports betting in Illinois took place, vastly expanding the mobile wagering options available to the state's 12.7 million residents.
  • Much of the growth was attributed to the unveiling of McBookie's live casino games and increased activity in sports betting which resulted in $7.3M in total betting volume being placed during the month.

The U.S. Betting Industry Won Big at the Polls

Retrieved on: 
Friday, November 6, 2020

The U.S. gambling industry won big at the polls on Tuesday, as three additional states are now set to authorize legal sports betting and three others have either approved or are expanding casino gambling.

Key Points: 
  • The U.S. gambling industry won big at the polls on Tuesday, as three additional states are now set to authorize legal sports betting and three others have either approved or are expanding casino gambling.
  • As the legal system slowly becomes more friendly towards online sports betting, states around the country look towards the young and growing industry to raise tax revenue.
  • Recently, the advancement of sports betting in Illinois took place, vastly expanding the mobile wagering options available to the state's 12.7 million residents.
  • Much of the growth was attributed to the unveiling of McBookie's live casino games and increased activity in sports betting which resulted in $7.3M in total betting volume being placed during the month.

Governing Bodies Buoy the Expansion of Betting Regulations

Retrieved on: 
Friday, October 23, 2020

In particular, the new bill describes three license categories for betting, one for online and in-person betting at casinos, a second for in-person betting at race tracks and the third for sports betting on mobile or other digital-only platforms.

Key Points: 
  • In particular, the new bill describes three license categories for betting, one for online and in-person betting at casinos, a second for in-person betting at race tracks and the third for sports betting on mobile or other digital-only platforms.
  • For example, just earlier this week, International Game Technology further differentiated its PlaySports sports betting solution through a multi-year partnership with the NBA.
  • Game aggregators compile the best casino games they can find and offer them to online casinos and sportsbooks through a single integration.
  • "The addition of sports betting will expand our casino entertainment and offer our loyal patrons and sports fans alike new ways to play.