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Atlantic City Wants More Gambling

1/15/10 - Industry observers are currently studying the implications of a legislative move in the state of New Jersey that appears to be a response to the increasing competitiveness of neighbouring states like Pennsyvania, which has recently expanded its gambling.
 
Information surfacing this week is that a proposed new law has been introduced by New Jersey Senator Raymond Lesniak that seeks to not only broaden the Atlantic City offering by adding sportsbetting, but legalise online gambling...providing it is confined to the premises of land casino licensees.
 
Although confirmation was not forthcoming as we went to press this week, it is understood that the Interactive Media Entertainment & Gaming Association has been assisting Senator Lesniak with the drafting of the proposed bill.
 
The draft appears to go beyond the use of eDeck-style remote gambling on US casino premises, and states:
 
"An Act permitting Internet wagering at Atlantic City casinos under certain circumstances and amending and supplementing the "Casino Control Act", P.L.1977, c.110 (C.5:12-1 et seq.).
 
"If approved by the voters at a referendum held at the next general election, this bill would allow licensed casinos in Atlantic City to conduct in-person wagering, and wagering through an account wagering system, on professional and collegiate sport or athletic events under regulation by the New Jersey Casino Control Commission.
 
"Wagering on sports events, as defined by this bill, would not include wagering on any amateur non-collegiate sport or athletic event, or any event, regardless of where it is held, involving a professional or collegiate team whose home field, court, or base is in New Jersey, or any event played in New Jersey involving a professional or collegiate team.   
 
"Wagers on a sports event could only be placed in-person in a casino sports wagering lounge, or through an account wagering system available only to registered State residents. 
 
"Sports wagering gross revenue would be subject to the existing 8 percent casino gross revenue tax,  the proceeds of which are dedicated to programs for senior citizens and disabled residents, and the investment alternative tax, which results in the investment of 1.25 percent of gaming revenue in community and economic development projects across the State."



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NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

NBA Odds: Wizards-Celtics at the Garden - The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.

A Night With Cleo Pays $180K Progressive Jackpot - We’d like to give a shout out to Juan S. from Texas for joining Bovada on a high note on Thursday May 4.

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