New Jersey Online Casino News
TRENTON, N.J. (AP) - New Jersey is moving ahead with plans to permit betting on sports in the state and a racetrack said it will start taking bets next weekend, but legal challenges could stall the rollout. Gov. Chris Christie on Friday signed a bill passed this week in the Legislature
A federal bankruptcy judge in Delaware on Friday voided the struggling casino’s contract with its union workers, giving owner Trump Entertainment Resorts a big part of its plan to keep the casino open and save its 3,000 jobs. But those workers were seething after Judge Kevin Gross granted the company’s request
Caesars Entertainment Corp.’s operating unit amended a debt document so senior bondholders would get a lien on the casino operator’s cash as it negotiates a restructuring of $18.3 billion of debt, according to a filing yesterday with the U.S. Securities and Exchange Commission. The move may raise the odds that the
Churchill Downs Inc. has been building an online platform for a gambling network at its headquarters in Louisville, according to disclosures in a lawsuit against a potential New Jersey partner that the company feels kept it out of the New Jersey online gambling market.
The Iipay Nation of Santa Ysabel Indians has apparently decided not to wait for California to approve online poker and announced it will be launching its own real-money poker site. The tribe has already launched the free-play PrivateTable.com and according to reports was saying it could start real-money gambling
Nevada’s 14-month-old online poker industry has seen rather tepid results to date. Since the first website launched in April 2013, Nevada’s three online poker websites—WSOP.com, Station Casinos’ Ultimate Poker and the South Point’s Real Gaming—have generated about $921,000 per month, reported the Casino City Times. Now the Nevada Gaming
The Revel casino in Atlantic City was not saved by a last minute buyer and is scheduled to close September 1, putting 3,100 employees out of work. The casino had been in a bankruptcy auction, but no qualified bidders emerged forcing casino officials to announce the shutdown.