Tagged new jersey state senate

Atlantic City sportsbetting tax windfall legislation makes it out of committee

March 25, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxation, New Jersey

In New Jersey and proposed legislation that would see Atlantic City receive even more of the tax revenues generated by the eastern state’s burgeoning sportsbetting industry has reportedly made it out of committ...

Atlantic City mayor heralds proposed sportsbetting tax windfall

Adam Morgan

January 6, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Taxes, New Jersey

The mayor for Atlantic City has reportedly thrown his weight behind a proposed piece of legislation that would see his community directly receive even more tax revenues from New Jersey’s burgeoning sportsbettin...

Atlantic City casinos could be facing dire future owing to their PILOT liabilities

Adam Morgan

December 7, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, New Jersey

In the American state of New Jersey and a senior politician has reportedly warned that four of the nine casinos in Atlantic City could soon be at risk of being put out of business if his compatriots do not amen...

New Jersey governor signs fixed-odds sports wagering legislation

Adam Morgan

August 6, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, New Jersey

The governor for the eastern American state of New Jersey has reportedly put his signature to legislation that will legalize fixed-odds sportsbetting and allow punters to lock in the particular probabilities of...

New Jersey legislators approve fixed-odds wagering for horseracing

Adam Morgan

June 28, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, New Jersey

Legislators in the American state of New Jersey reportedly passed a measure early last week that could allow local horseracing aficionados to begin placing fixed-odds wagers from as soon as next month. Accor...

New Jersey legislators pass pandemic-related casino relief measure

Adam Morgan

June 4, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Sports betting, Taxation, New Jersey

In the eastern American state of New Jersey and legislators reportedly approved a bill earlier this week that would look to help the nine casinos located in Atlantic City to recover from the devastating financi...

New Jersey State Senate approves Atlantic City casino relief measures

Adam Morgan

June 16, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, New Jersey

The New Jersey State Senate reportedly passed a piece of legislation yesterday that would grant a series of temporary and permanent tax breaks to the state’s casinos as they endeavor to recover from the economi...

Atlantic City casino assistance legislation passes its first hurdle

Adam Morgan

June 3, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, New Jersey

The budget committee for the New Jersey General Assembly has reportedly approved two pieces of proposed legislation that have been crafted to assist the nine casinos in Atlantic City in surviving their ongoing ...

New Jersey legislators propose Atlantic City casino relief measures

Adam Morgan

May 6, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Taxation, New Jersey

In New Jersey and state legislators are reportedly considering a pair of measures that would provide temporary tax relief to the nine casinos in Atlantic City as they endeavor to weather the ongoing coronavirus...

New Jersey State Senate passes proposed casino licensing protocol legislation

Adam Morgan

October 21, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, New Jersey

In New Jersey, proposed legislation that would alter the current licensing protocols for casinos in Atlantic City and disqualify for five years any applicant that had “substantially closed” a property has passe...

Proposed casino licensing protocol legislation clears first hurdle in New Jersey

Adam Morgan

September 28, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, New Jersey

In New Jersey, proposed legislation that would alter the current licensing protocols for casinos in Atlantic City and disqualify any applicant that had “substantially closed” a property during the previous five...

New Jersey lawmakers propose changes to casino licensing protocols

Adam Morgan

September 21, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, New Jersey

New Jersey State Senate President Stephen Sweeney has introduced new legislation that would alter the current licensing protocols for casinos in Atlantic City and disqualify applicants that had “substantially c...