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Business
January 19, 2021
Imploding Trump Plaza for Charity Auction Cancelled
The charity event aiming at auctioning the rights to demolish Trump Plaza in Atlantic City and using the raised money to fund the Boys and Girls Club was canceled due to safety concerns. Speaking with the Associated Press, Trump Plaza’s owner Carl Icahn revealed that his philanthropic arm will be donating $175,000 to the Boys […]
Business
January 15, 2021
PlayUp and New Jersey Devils Strike Multi-Year Agreement
PlayUp signed a multi-year agreement with the New Jersey Devils and Prudential Center on Friday, becoming the team’s presenting partner. Presenting Partner Australian-owned iGaming and technology provider PlayUp signed a multi-year deal with the New Jersey Devils and Prudential Center this Friday. The Devils became the first US professional sports team partner of the online […]
Industry
January 14, 2021
New Jersey Posts $996M in Sports Betting Handle in December
New Jersey’s sports betting results for December 2020 have come close to $1 billion in total sports wagers, with January, February and March proving even more exciting months for the Garden State. Sports Handle in New Jersey Just Shy of $1bn in December New Jersey has posted another record-high month, with sports betting handle climbing […]
Sports
January 14, 2021
PlayUp Acquires New Jersey Betting License
PlayUp has acquired a betting license in New Jersey and hopes to launch in the state within the first quarter of 2021. PlayUp US Launch Online betting and entertainment leader PlayUp has expanded its presence on the US market once again by acquiring a betting license in New Jersey. This is the company’s second US […]
Industry
January 14, 2021
Regulator: NJ Gambling Operators Delay Customer Withdrawals, Ask Reversals
The New Jersey Division of Gaming Enforcement (NJDGE) has received numerous complaints from patrons in the Garden States that withdrawal times from online gaming accounts have been artificially increased by operators to give operators enough time to change customers’ minds about pending withdrawals. In other words, the NJDGE stipulates that iGaming operators have been forcefully […]
Legal
January 12, 2021
NJTHA Reached Settlement with NBA, NFL, NHL, MLB and NCAA
The years-long lawsuit between the New Jersey Thoroughbred Horsemen’s Association (NJTHA) and the professional sports leagues is coming to a conclusion after an announcement from the attorney representing the leagues signaled a resolution for the legal dispute. “The NJTHA, NCAA, NBA, NFL, NHL, and MLB have resolved all disputes arising out of their litigation concerning […]
Sports
December 31, 2020
New Jersey Shows How to Educate Consumers about Regulated Betting Markets
New Jersey’s state gaming regulator has been an example of how to educate consumers about the regulated and unregulated sports betting markets. The Garden State Leads the Way in Educating Bettors Following the legalization of the sports betting industry in the United States, an unexpected issue has cropped up. How do you educate consumers to […]
Casino
December 31, 2020
Bids to Blow Up Trump Plaza Now Hit $175,000
Trump Plaza Hotel and Casino demolition bid now tops $175,000 with interest slowly growing despite the holiday season. Bidding for Trump Plaza Hotel and Casino Demolition Continues The interest in blowing up the now-defunct Trump Plaza Hotel and Casino, an Atlantic City-based former and failed business venture of the outgoing 45th President of the United […]
Legal
December 27, 2020
NJTHA Denied Additional Damages Claim, Bond Hearing to Follow
A case in New Jersey dating back to 2014 might find its resolution next year, after a federal judge ruled against the additional damages claim from the New Jersey Thoroughbred Horsemen’s Association (NJTHA). Long-Lasting Court Saga The NJTHA sought to recover around $150 million in damages from the major sports leagues, the National Basketball Association […]
Sports
December 23, 2020
Bally’s Atlantic City Hotel & Casino Opens FanDuel Sportsbook
Bally’s Corporation and daily fantasy and sports betting operator FanDuel opened up the FanDuel Sportsbook at Bally’s Atlantic City Hotel & Casino, to mark the first retail sports wagering operation for the Flutter-owned brand in Atlantic City. “We are excited to be one the first pieces of the Capital Improvement Project at Bally’s Atlantic City […]