Tag Archives: Gov. Chris Christie
- New Jersey introduces bill allowing New Jersey casinos to operate during state shutdown
July 7, 2017
New Jersey lawmakers are no longer taking any chances that Atlantic City casinos might be forced to close in the event of another state government shutdown due to a budget impasse. Atlantic City casinos were almost forced to shut down this week after the state legislature and New Jersey Gov....
- NFL, DOJ past argument shows sports betting to be a “game of skill”
July 24, 2015
According to documents discovered by ESPN through searches of public records, U.S. Attorney General Loretta Lynch and NFL lawyers have called sports betting a “game of skill” in past legal arguments. In 2003, the NFL was among several groups attempting to prevent the state of Delaware from reintroducing a football-based...
- Revel gets big tax breaks; ratings agencies dump on Atlantic City
January 29, 2015
It took almost three years and numerous trips to bankruptcy court, but finally, Revel was on the receiving end of some good news. The former Atlantic City casino reached a settlement with the city that will reduce its property tax assessment for 2015 from $625 million to $225 million. Likewise, its...
- New Jersey iGaming is One Week Old
December 3, 2013
As New Jersey iGaming celebrates it’s first birthday week we take a look at the beginning of the iGaming revolution in the Garden State to see what the industry experts have to say. David ‘sluggy27’ Vamplew defeats 2,329 players to take the $111,768.04 first prize in the Full Tilt Poker...
- Investing The Hard Way: Second Quarter Review
July 1, 2013
Blah. That's probably the best word to describe the second quarter for gambling stocks. As a whole, the sector – as measured by the Market Vectors Gaming ETF (BJK) – rose a little over two percent, modestly under performing the three percent gain seen in the broad market. In an echo of...
- Investing The Hard Way: Caesars’ Big, Stupid Move
April 29, 2013
“The market can stay irrational longer than you can remain solvent.” – John Maynard Keynes The above quote summarizes the greatest, but far from only, danger in selling stocks short. Every investment has some risk, of course, but a short play – essentially a bet that the price of a...
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
Pats owner’s casino ties expose NFL’s gambling hypocrisy
April 25, 2017