New Jersey set to sue over quashed Atlantic City casino PILOT deal

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, New Jersey
The state of New Jersey is reportedly soon expected to officially appeal a February 25 court ruling that invalidated its amended payment in lieu of tax (PILOT) arrangement with the nine casinos in Atlantic City...

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

Adam Morgan
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
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
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...