IRS Urges US Players to Report Winnings of $600 or More

The Internal Revenue service (IRS) of the United States federal government has urged that all US players should report winnings of $600 or more they get from casinos. The IRS changed the tax code cutoff by half from $1,200 to $600. The $1,200 cuttoff has been around for the past forty years but the newly […]

Atlantic City’s Revel Casino Sale Confirmed For $82M

Atlantic City witnessed the closure of 4 casinos in 2014 as gambling revenue slumped and caused both live and online casinos to witness a serious decline. One of the casinos that suffered was the popular Revel Casino Hotel and the owners decided to shut down operations and put the casino up for sale. There has […]

New Jersey’s First Skill Based Tournament Launched By The Borgata

Casinos in Atlantic City have been through a torrid time in 2014 with gambling revenues falling significantly resulting in the closure of 4 Atlantic City casinos. The Division of Gaming Enforcement (DGE) are now tasked with reviving New Jersey’s struggling casino market and increasing overall gambling revenue in 2015. Back in October 2014, the DGE […]

Hard Rock Might Venture Into Atlantic City Casino Market

The Hard Rock brand is an extremely popular brand all across the globe and has the brand power to lure customers with its very name. Florida’s Seminole Indians own the Hard Rock brand and are currently in talks of whether they open out a casino in Atlantic City. The tribe had previously debated this issue […]

New Jersey to Introduce New Sportsbetting Bills

New Jersey has re-introduced two new pro sportbetting betting bills into their house. These two bills have been introduced by two New Jersey politicians and these two bills will circumvent Amateur Sports Protection Act the Federal Professional Act thereby allowing sports betting in their state. The two politicians, Frank A. LoBiondo and Frank Pallone held […]

Wisconsin Governor To Decide On $800 Million Proposed Casino In Kenosha

Wisconsin governor Scott Walker needs to make a decision on approving or rejecting a proposed $800 million casino in Kenosha. This is not a straightforward decision for the governor to make as the proposed casino brings numerous benefits as well as liabilities with it. The Menominee Tribe have proposed to build an $800 million casino […]

New York Board Approves Location For Three Casinos

New York recently announced that it had granted permission for three casino’s to be constructed and the locations have also been finalized. There were a total of sixteen applications sent in and the New York Gaming Facility Location Board had the option of approving four locations for gambling resorts. However, the board decided at this […]

October Turns Out To Be The Worst Month In New Jersey’s Online Poker Market

New Jersey’s online gambling industry has been in turmoil since the start of 2014 with online poker traffic significantly declining and revenue plummeting every month. State gaming regulators released New Jersey’s internet gaming information for October which revealed that the garden state made $9.48 million in total and online poker’s contribution was $1,967,904. This is […]

Norway Sends Warning To Illegal Online Gambling Operators

Norway’s gaming regulator has taken a further step in punishing online gaming operators who are operating illegally to its potential Norwegian customers. Facebook, the world’s most popular social network complied with a request sent by Lotteritilsynet to remove pages of online gaming operators who are illegally marketing their services and products to Norwegian customers. With […]

BetFair New Jersey Partners with Caesars Entertainment

Early September 2014, the director of the state division of Gaming Entertainment, Mr. David Rebuck had announced that BetFair will continue with its operations until Trump Plaza surrenders its casino license at which they would have to find a suitable replacement Atlantic City casino licensing partner. BetFair’s future in New Jersey was now uncertain but […]

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