New Jersey Online Casinos

Online Gambling and Casino News You Can Use

August 21, 2012
by Ken Smith
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Review of DoubleDown Casino, IGT’s new Play-For-Fun Site

IGT’s Play-For-Fun Casino Site, DoubleDown Casino

Rating: ★★★☆☆☆☆☆☆☆


As several states in the US move toward legal and regulated online gambling, it’s no surprise to see the world’s largest slot manufacturer vying for a spot at the table. IGT recently launched a Play-For-Fun casino site called DoubleDown Casino, and they have already announced several partnerships with land-based casinos to offer the game suite on the casinos’ websites.
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June 28, 2012
by Ken Smith
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Delaware Legalizes Online Gambling

Two States Done, Forty-Eight to Go

The swell of online gambling legislation in the US reached a new milestone today as Delaware governor Jack Markell signed a bill legalizing online casino-style gambling within the state. Delaware and Nevada are the only states so far to pass legislation to license and regulate Internet casinos, although other states are at various stages of progress pursuing the same goal.  Now the race is on to see which state will be first to actually launch real-money games and take the first legal and regulated online bet in the States.
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May 27, 2012
by Ken Smith
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Play For Fun!

Play for fun online casino launches!  In the United States!

Too many exclamation points?  Maybe.  I guess I was overwhelmed by the example of Maryland Live! casino’s brand name, punctuation included.

It is a development worthy of exclamation though, as Maryland Live! casino’s bonusseeker.com site is the first Internet casino with its player management system linked directly to a US land-based casino.  The virtual casino, open for a month now, is strictly a play-for-fun model but it appears to be only a flip of the switch away from the capability of real money wagering if and when true online gambling is approved in Maryland.
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May 16, 2012
by Ken Smith
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Revel’s First Month Shows Disappointing Revenues

My optimistic prediction about the new Revel casino’s fate in the current Atlantic City market isn’t looking very prescient after the first month’s numbers are in.  In April, its first month of operation, the casino brought in only $13.4 million in gambling revenue, a number that certainly disappointed those who were bullish on the resort’s chances of invigorating the AC market.  That number puts the resort near the bottom of the list for Atlantic City, and far behind market leader Borgata which earned $54 million in the same period.
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May 12, 2012
by Ken Smith
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New Jersey Internet Casino Bill Clears Gambling Committee

Referring to the New Jersey Senate bill he co-sponsored, State Senator Raymond Lesniak said of the Internet gambling legislation: “We want to take the lead, we don’t want Nevada to take the lead.”

The bill cleared the Senate’s Gambling Committee this week, and it appears likely to eventually clear the entire Senate.  The tax revenue received from casinos in New Jersey has fallen by half since 2005, due to the dramatic increase of competition for gambling dollars in the Northeast.  In past years, New Jersey was really the only major casino destination for East Coast gamblers.  Today the situation is sharply different with casinos open in many neighboring states.  New York is also planning to allow seven casinos across the state which will further dilute the pool of visitors for Atlantic City.

The new gambling bill in New Jersey would set the tax rate for online wagers at 20 percent, dramatically higher than the 8 percent current tax rate for casinos.

Gambling online could be launched in New Jersey by early 2013.  Stay tuned!

 

April 4, 2012
by Ken Smith
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N.J. Internet Gambling Bill Moves On To Full Senate

The Senate Budget and Appropriations Committee in New Jersey reported favorably on S1565, sending the bill that authorizes Internet gambling at Atlantic City casinos on to consideration in the full Senate.  Of the 13 members of the committee, there were 11 votes in favor of the measure and none against.  State Senator Paul A Sarlo, whose district includes the Meadowlands Race Track, abstained from the vote.  Another member of the committee, Anthony R Bucco, was not present and did not vote.  A vote in the full Senate is expected soon.

 

April 2, 2012
by Ken Smith
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New Jersey Senate Budget and Appropriations Committee Set To Consider Online Gambling Bill

The previously reported New Jersey Senate Bill that would permit online gambling in the state has been scheduled for discussion tomorrow in the Budget and Appropriations Committee.  Senator Raymond J. Lesniak, the sponsor of S1565, says he is optimistic about the bill’s chances.  He indicates that online gambling could arrive as soon as September.  If that is to happen, there’s a lot of legislative and regulatory work to be done.

Regardless, it seems that the race is on between New Jersey and Nevada.  Where will the first legal, regulated and taxed online gambling wager in the United States take place?

March 13, 2012
by Ken Smith
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Expert Testifies Online Casinos Would Not Violate NJ Constitution

Constitutional law professor John Wefing of Seton Hall Law School testified before the Assembly Regulatory Oversight and Gaming Committee on Monday, and indicated that New Jersey can approve online gambling originating in Atlantic City and not run afoul of the state’s constitution, all without requiring the citizens of New Jersey to vote on the matter.
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