[caption id="attachment_35920" align="alignright" width="225" caption="New Jersey Gaming Enforcement Director, David Rebuck"][/caption] As July winds down we'll take a few moment to recall the most memorable gambling industry quotes from the month gone by. Once it gets into revenue sharing, you're looking at the highest level of accountability, and we'll have to look at them very…
[caption id="attachment_35639" align="alignright" width="194" caption="David Rebuck, Director of the NJ Division of Gaming Enforcement"][/caption] Regulated online gambling is roaring towards its launch date in New Jersey but there are still plenty of unanswered questions about what exactly it's going to look like. One of the biggest questions that's been left hanging is exactly what role…
It's all in for New Jersey's casino industry as all 12 Atlantic City casinos are making moves towards securing their online gaming permits. The big 12 notified state regulators of their intentions just ahead of the deadline for casinos that hope to have their operations up by the November launch date. The stampede towards cyberspace…
Ultimate Gaming is pairing up with Trump Taj Mahal on a New Jersey-based online casino and poker operation. News of the alliance comes right on the deadline for casinos who hope to be online by the fall to announce their online partners. It's a big move both for Ultimate, the first company to offer regulated…
[caption id="attachment_35018" align="alignright" width="169" caption="Dennis Gomes"][/caption] Dennis Gomes Until the mid-1970's, Las Vegas casinos were, in large part, run by the mob. It was an ugly truth that much of the Nevada gaming industry chose to ignore, but not Dennis Gomes. This tough young go-getter was appointed as the head of Nevada's Gaming Control Board’s…
PokerStars is not letting its bid to purchase the struggling Atlantic Club casino go down without a fight. The online poker giant's parent company, Rational Group, is appealing the New Jersey Superior Court ruling that killed the transaction just weeks ago. Rational's appeal is heavy on the legalese but is mostly centered on the state's…
Online gambling in New Jersey inched closer towards its launch date with the publication of Internet gambling regulations on June 3. Once published, the public will have 60-days to comment and, presumably, amend the new code. When the comment period ends on August 2, New Jersey lawmakers will provide their final review and commentary. After…
PokerStars' troubled bid to purchase the Atlantic Club Casino may not be dead just yet. Yesterday afternoon a New Jersey judge granted a temporary restraining order keeping the casino owners, Colony Capital, from pulling out of the deal. After PokerStars missed a licensing deadline last week, Colony backed away from the $15-$20 million deal. That…
[caption id="attachment_33865" align="alignright" width="259" caption="The Atlantic Club, one hot property."][/caption] PokerStars' controversial bid to purchase the Atlantic Club Casino in New Jersey is in jeopardy after the company missed an important licensing deadline. According to published reports in the Wall Street Journal and EGR, Pokerstars' deal with the Atlantic Clubs' owners hedged on the company…
[caption id="attachment_33259" align="alignright" width="253" caption="Boyd Gaming CEO, Keith Smith"][/caption] Is the New Jersey online poker market a better deal for big operators than Nevada? That's what Boyd Gaming CEO Keith Smith suggested in a recent interview with EGR Magazine. Boyd pointed to Nevada's relatively small population (less than 3 million) as one of the biggest…
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