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Online Not a Threat To NJ Land Casinos
Friday January 31,2014 : ONLINE GAMBLING NO THREAT TO LAND CASINOS IN NEW JERSEY
New study shows that less than three percent of NJ gamblers have used online facilities.
The Press of Atlantic City reports that a new poll conducted by the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at The Richard Stockton College of New Jersey shows that less than 3 percent of New Jersey gamblers have gambled online since the state launched Internet gambling in November last year.
The poll surveyed 690 individuals who gambled in Atlantic City casinos in the past year.
“Interest in online gambling is growing and should continue to grow once marketing efforts and promotions take off,” Levenson Institute Director Israel Posner told Press of Atlantic City.
New Jersey Division of Gaming Enforcement statistics released earlier this month showed that online gambling brought in $8.4 million in revenue through the end of December.
Stockton’s poll also addressed the possibility of legalised sports betting in the state, an issue that New Jersey has been fighting in court against the Department of Justice and the major US sports leagues following a successful 2011 referendum, and that will likely end in a US Supreme Court action.
According to the poll, 55 percent of gamblers support legalised sports betting, and more than one in five said they would be likely to bet on sports events if they could do so legally in New Jersey.
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Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
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Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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