Category: Online Sportsbooks
New Jersey casinos: Fantasy sports betting to be a part very soon
24 March 2013
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New Jersey State Officials have decided that they are going to allow Atlantic City Casinos to provide their players with fantasy sports betting. This is going to be a part of the pilot scheme, which is going to get announced in this week itself.
Gaming Enforcement Division of New Jersey is going to ask the casinos to start accepting the entry fees from their players. They can pay out the winnings from their cash cages.
Gov. Chris Christie finally approves New Jersey gambling bill, online gambling now legal
28 February 2013
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Chris Christie, Governor of New Jersey, finally did the act, which was long awaited by many. On Tuesday, Governor Christie signed the online gambling bill into law. This has made the Garden State only the third in the country to regulate and license internet gambling, Approval from the governor came only 19 days following his conditionally veto on a similar legislation.
CEO of Bally indicating good things to come for online gambling in US
17 February 2013
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Whenever we come across news, where a CEO of the company as big as Bally Technologies, based in Las Vegas, makes a considerable investment, there will be a question in your mind: “Where the company in concern is heading?”
Recently, there has been revelation done by sources that Ramesh Srinivasan, CEO of Bally Technology, is buying BYI shares. To date, he has bought 25,000 shares at USD 47.48 each, which amounts to USD 1,186,900.
Conditional veto from Chris Christie spreads excitement in online gambling world
12 February 2013
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Chris Christie, Governor of New Jersey, finally came up with his voice on Thursday for the NJ Gaming Bill. Considered as a minor victory of sorts for the online gaming’s future, he has only given a conditional veto on the bill.
Christie has asked for making minor changes to the online gambling legislation, which will assure that the bill is going to advance next month.
Pennsylvanian Senators questioning inclusion of online gambling and keno to state lottery
23 January 2013
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Several Pennsylvanian Senate Republicans have mailed a letter to Tom Corbett, Governor of the state.
The letter states that if the Governor will be allowing the state lottery to add online gambling and keno to the mix, it would hurt the state casinos. They want the management contract, which is pending, to be revised before being finalized.