There's a perception among some segments of the sports betting population that some online gambling operators take their sweet time when a customer is asking to withdraw his or her funds. Even worse, some critics of the online gambling business have alleged that some operators even encourage players to reverse withdrawals and put them back…
Pretty much everything the State of New Jersey has done in the way of legalizing online gambling and fighting for regulated sports betting has been done in the name of the casinos of Atlantic City. Those land-based casinos did, indeed, get a boost from online gambling, but they still need in-person players to pay their…
There weren't many people who thought that regulated sports betting wouldn't be successful in New Jersey. But it's safe to say that almost no one had any idea exactly how successful regulated sports betting would be in the Garden State. In October, Jersey bettors set a new record for wagers by putting down nearly $800…
Ever since it was just a distant dream, regulated sports betting in New Jersey seemed destined for success. After all, New Jersey came into the game with a mature gambling market, a dense population, and legions of fans rooting for a variety of regional teams. But even the Garden State's most dreamy-eyed optimists could hardly…
Will US sports betting markets ever embrace the concept of sports betting exchanges? If the news coming out of New Jersey is any indication, the answer to that question is a resounding, "NO!". According to a recent report on ThoroughBredDailyNews.com, Betfair is shuttering its New Jersey-based sports betting exchange due to a lack of interest…
In normal times, a surge in online gambling revenue of 118 percent over the previous year's figure would be something to celebrate. But these are not normal times and the aforementioned good news, which actually did take place in New Jersey during the month of April, is something of a mixed blessing. Last month marked…
New Jersey's big bet on sports betting continues to pay off as regulated Garden State bookmakers turned in their most successful month to date in January 2020. The combined casinos and race tracks of the first state in America to offering regulated sports wagering took in a handle of $540 million. That number is more…
When the State of New Jersey threw millions of dollars in resources at the efforts to legalize sports betting and online gambling the idea behind the effort was to save Atlantic City. The once rocking seaside casino resort was suffering from a malaise of shuttered casinos and a general sense that the place had just…
When the State of New Jersey threw millions of dollars in resources at the efforts to legalize sports betting and online gambling the idea behind the effort was to save Atlantic City. The once rocking seaside casino resort was suffering from a malaise of shuttered casinos and a general sense that the place had just…
New Jersey's fight for regulated sports betting and online gambling was a years-long effort that took plenty of resources and stretched all the way to the Supreme Court. But the whole time Garden State lawyers were fighting they had one goal in mind - save Atlantic City's struggling casinos and turn NJ back into a…
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