Brand New Jersey Casino Expansion Losing Support Among Garden State Voters, Atlantic City Sues State

 Brand New Jersey Casino Expansion Losing Support Among Garden State Voters, Atlantic City Sues State

Governor Chris Christie supports a brand new Jersey casino expansion referendum, but it is not too popular with voters that will have the say that is final November.

Nj casino expansion has the backing of numerous state that is key including Governor Chris Christie (R), but unless the majority of Garden State residents help bringing gambling enterprises north, Atlantic City will preserve its gambling monopoly.

A recent poll conducted by the Rutgers-Eagleton Institute of Politics found that just 44 percent of voters believe gambling enterprises is permitted in jurisdictions outside of Atlantic City, while 49 percent believe gambling should remain limited to the southeastern beachfront metropolis.

That is a contrast that is stark earlier polling that suggested New Jerseyans preferred ending Atlantic City’s gaming exclusivity.

Along with selecting a US that is new president November, voters in New Jersey will be challenged with deciding whether to amend their state constitution to let the construction of extra gambling facilities in northern counties of the state.

AC Moves All-In

Atlantic City is broke and with debt, yet its municipality is continuing to spend as if it is the first 2000s and the economy that is local still flourishing with revenues aplenty.

Christie and State Senate President Stephen Sweeney (D) have advocated for the continuing state to assume control regardi (suite…)

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DraftKings, FanDuel Jettison Merger Plans, Back Away From FTC Challenge

DraftKings, FanDuel Jettison Merger Plans, Back Away From FTC Challenge

Joint rulers of the fantasy that is daily (DFS) market DraftKings and FanDuel have walked away from a proposed merger of equals, less compared to a month following the Federal Trade Commission (FTC) moved to block the offer on grounds of antitrust ‘fair competition’ problems.

The deal’s off: DraftKing’s Jason Robins (left) and FanDuel’s Nigel Eccles announced on Thursday that their businesses would be going it alone, calling down a prospective FTC fight in the grounds of antitrust violations. (Image: Reuters)

The 2 companies announced the termination of the tie-up on Thursday, simply days after they’d each filed appropriate briefs to a federal district court, vigorously defending the merger.

But with both companies already fighting legal actions on several fronts, it looked like another high priced and possibly condemned legal battle lay ahead. A source told ESPN that dealing with the FTC would cost some $ likely12 to $15 million.

Money Worries

Ironically, consolidation would have dramatically cut the amount of appropriate and costs that are lobbying two businesses invest fighting for legal DFS in states across the usa. It could also take away the costs associated with trying to out-market one another.

The failure of the deal leaves both in precarious positions that are financial as neither has ever been profitable. Documents related to the merger leaked final month revealed that DraftKings has lost a (suite…)

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Anticipation and Excitement as Aussie Millions 2013 Just One Day Away

Anticipation and Excitement as Aussie Millions 2013 Just One Day Away

The Melbourne poker scene is abuzz in anticipation of this season’s Aussie Millions Poker Championship which is set to showcase a few of the earth’s biggest talents in the poker world.

Taking destination every January at the Crown Casino in Melbourne, Australia, the Aussie Millions Poker Championship boasts the title of the largest, longest and most prestigious occasion on the gaming calendar into the Southern Hemisphere. Estimates suggest that more than 20,000,000 hands are dealt at the Crown’s Aussie Millions over the past ten years.

This year marks the Aussie Millions Poker Championship’s 11th anniversary, over which time it’s grown to become ranked high in the international poker scene, second only to the World Series of Poker (WSOP).

The primary event, which will dsicover a number of the globe’s biggest names in the overall game, is set to achieve its final stage on Saturday February 3rd, and will be televised nationally and internationally throughout ensuring eager fans and spectators do not miss a moment of this exciting tournament.

The tournament commences this January seventeenth and certainly will consist of 26 championship activities, all leading to one main event, by having a prize-pool expected to reach and meet or exceed $20,000,000. This prize that is enormous sure to create some tough competition through the 4,000 plus individuals expected to engage as they each shoot for fame, riches a (suite…)

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Casino News: The Buffalo Bills will be the latest NFL team to locate casino sponsor

Casino News: The Buffalo Bills will be the latest NFL team to locate casino sponsor

This week’s casino news starts with revenue numbers from the continuing state of Maryland. Gambling is alive and well into the Old Line State as they simply produced their month that is fourth-best ever.

Maryland Casinos Enter One Of Their Best Months Ever In August

The casino industry into the Terrapin state is completely thriving. The report that is latest recommends that Maryland casinos delivered record numbers in the thirty days of August.

This week, income numbers had been released and Maryland’s gambling enterprises registered its fourth-best month-to-month video gaming income numbers ever. Based on a report that is recent the state’s six casinos reported their gaming revenue numbers at $154.3 million for the thirty days of August, that is up 5.4% from that time this past year. While Baltimore’s Horseshoe Casino struggled to get on the trend, the other five gambling enterprises absolutely thrived including the MGM National Harbor, which accounted for a ridiculous 40% of the state’s total gaming revenue numbers. A year ago in fact, the MGM National Harbor took in a total of $62.4 million, which is an increase of 7% from the same time.

The casino that is second-largest Maryland, the Live! Casino & Hotel pulled in just over $53 million in video gaming revenues. That number represents a 12.7% increase from the time that is same year ago.

With regards to how the state is spending their ga (suite…)

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