New Jersey Internet Gambling and Sports Betting Hit Record Highs in November

New Jersey’s online gambling industry continued its remarkable upward trajectory in November 2024, setting new benchmarks across multiple sectors. The New Jersey Division of Gaming Enforcement reported that int...

New Jersey Proposes Seizing Funds from Dormant Online Gambling Accounts

New Jersey lawmakers have introduced a bipartisan bill aiming to address unclaimed funds in inactive online gambling accounts. The proposed legislation seeks to transfer unused account balances to the state’s u...

New Jersey Online Gambling Revenue Hits Record $213.6M in October

New Jersey's online gambling sector achieved a significant milestone in October 2024, with revenues reaching an all-time high of $213.6 million. This figure surpasses the previous record of $208 million set in ...

Jay-Z and Michael Rubin Open Fanatics Sportsbook at Ocean Casino Resort

Shawn “JAY-Z” Carter and Fanatics CEO Michael Rubin celebrated the grand opening of the Fanatics Sportsbook at Ocean Casino Resort, situated on the iconic Atlantic City Boardwalk. This marks the first Fanatics ...

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

Casinos in the Northeast U.S. are currently facing a large number of problems as they prepare for the emergence of fresh rivals in NY City. Among those problems are the loss of business from illegal online oper...

Mohegan Tribe’s Management of Atlantic City’s Resorts Casino Hotel To End This Year

The Mohegan Tribe will officially step down from its management role at Atlantic City’s Resorts casino at the conclusion of 2024, both sides revealed on February 26. End of deal: This step will end the co...

New Jersey Gambling Reaches New Highs In January, Despite In-Person Casino Winnings Failure

New Jersey managed to officially break 4 crucial gambling income records during the first month of 2024, indicating that 2024 is off to a great start for everything but for in-person gambling in the said state,...

Casino & Sports Wagering Income Hit New Record Levels In New Jersey In 2023; Most Casinos Still Below Pre-Pandemic Levels

Casinos and sports wagering operators in New Jersey, involving their online allies, earned almost $5.8 billion in the previous year, which represents the newest record, according to numbers revealed on January ...

Sports Wagering And Internet Gambling Hit New Record Levels In New Jersey In November

Sports wagering and internet gambling hit new record levels last month in New Jersey. The primary reason for this is the constant evolution and decreasing dependence on brick-and-mortar casinos of the regulated...

Atlantic City Casino Industry Saw 15% Lower Profit in First Quarter of 2023

Associated Press reports that the Atlantic City’s casino industry collected an almost 15% lower gross operating profit in the first quarter of 2023 in comparison to the first quarter of the last year. Accordi...