Tagged Borgata

BetMGM fined $25,000 for prohibited basketball bets in New Jersey

March 24, 2022

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, New Jersey

In New Jersey, sports betting on college teams is prohibited to a certain degree. Sports fans are not allowed to bet on New Jersey college teams, or any college game played in the state, even if the teams are n...

Atlantic City casino February revenue totals increase as post-COVID recovery continues

Sadonna Price

March 17, 2022

Latest Casino and Gambling News, Economy/Finance, New Jersey

The New Jersey Division of Gaming Enforcement has released the February revenue figures for the Atlantic City casino industry. For in-person gaming, the totals are up 43% when compared to the same month in 2021...

New Jersey outperforms in US: sets sports bet record for 3rd straight month

K Morrison

November 16, 2020

Latest Casino and Gambling News, Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Massachusetts, New Jersey

New Jersey's sports betting market is on fire, having set the national record for the highest amount wagered on sports for the third consecutive month, as gamblers staked more than $803 million in October. A...

Atlantic City sees spike in COVID-19 cases

Sadonna Price

November 9, 2020

Latest Casino and Gambling News, New Jersey

After shutting down in mid-March due to the onset of the COVID-19 pandemic, Atlantic City casinos waited until early July to reopen. Since that time, cases of the virus have popped up among employees of the gam...

Mount Airy Casino reopens while other Pennsylvania & Atlantic City casinos are soon to follow

K Morrison

June 24, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Pennsylvania

Operating at 50 percent capacity and with safety measures based on guidelines from the Centers of Disease Control and Prevention (CDC) and the Pennsylvania Gaming Control Board (PGCB) in place, Mount Airy Casin...

July win increases for casinos in Atlantic City along with year-to-date totals

Sadonna Price

August 15, 2019

Latest Casino and Gambling News, Economy/Finance, New Jersey

The New Jersey Division of Gaming Enforcement has released the July revenue totals for casinos in Atlantic City, which shows the area not only saw an increase for the month, but also during the first seven mont...

UK Supreme Court to hear Ivey’s final appeal Thursday

Lars Jones

July 12, 2017

Latest Casino and Gambling News, Casino Cheating, The Players Lounge, Fines, Lawsuits & Litigation, United Kingdom

Well-known poker pro, Phil Ivey won about £7.8m playing Baccarat at Crockfords Club in London nearly 5 years ago in August. On Thursday, July 13 the Supreme Court of the UK will hear his final appeal seeking to...

Atlantic City’s H-Track could be the future home of a joint Caesars/MGM project

Sadonna Price

June 6, 2017

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, New Jersey

The Borgata Hotel Casino & Spa is located on a parcel of land that is currently being eyed as the potential new home of a joint project by MGM International and Caesars Entertainment Corp. Twenty years a...

Atlantic City casinos see quality revenue gains in 2016

Sadonna Price

April 10, 2017

Latest Casino and Gambling News, Economy/Finance, New Jersey

For several years now, Atlantic City has seen a downturn as far as the gambling industry is concerned. Four casinos shut down in 2014 and the Trump Taj Mahal joined the list of shuddered casinos in 2016, leavin...

Stockton AC study suggests ways to attract millennials

Sadonna Price

September 4, 2016

Latest Casino and Gambling News, New Jersey

Gambling operators in Atlantic City are trying to determine how to attract millennials to gaming venues as this category of individuals do not seem as interested in table games and slots like older generations....

Atlantic City Casino revenue grows by 21 percent during the first half of 2016

Renee Kingsley

August 23, 2016

Latest Casino and Gambling News, Economy/Finance, New Jersey

The casino industry in Atlantic City has struggled as gross gaming revenues have declined by as much as fifty percent in the last decade. The city which has a monopoly on New Jersey’s casino industry saw four o...

Atlantic City Casino revenues see increase in July

Sadonna Price

August 13, 2016

Latest Casino and Gambling News, Economy/Finance, New Jersey

On Friday, the New Jersey Division of Gaming Enforcement released the financial results of the gambling industry within the state for last month. Results showed that the land-based venues as well as online gamb...

Atlantic City collective casino revenue witnesses 8 percent rise in April 2016

Renee Kingsley

May 13, 2016

Latest Casino and Gambling News, New Jersey

The casino industry in Atlantic City has witnessed a slow decline during the last decade as revenue from the gambling industry fell from $5.2 billion in 2006 to $2.6 billion in 2016. Four out of the twelve casi...

Atlantic City casinos report a 40% higher gross operating profit in 2015

Alex Lanter

April 8, 2016

Latest Casino and Gambling News, Casino News, Economy/Finance, New Jersey

Atlantic City had a pretty bad year in 2014 when four of its gaming properties closed their doors for customers. However, as a result, the gaming destination was left with only eight casinos and experts predict...

Atlantic City casino revenue up 14.7% in February

K Morrison

March 15, 2016

Latest Casino and Gambling News, Economy/Finance, New Jersey

Atlantic City’s casinos managed to wrangle 14.7 percent more from gamblers in February than they did last year. The state Gaming Enforcement Division released figures on Monday that show the New Jersey resor...