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Top Casino Games NJ Tax LawNEW JERSEY ONLINE GAMBLING LAWS

New Jersey, home of Atlantic City, is no stranger to legalized gambling. In fact, New Jersey was the second state to do so, after Nevada. Legalized gambling was only permitted in the now-famous gambling resort hub. This year, residents may vote on expanding the gambling outside of Atlantic City. But these brick and mortar casinos had been flagging in more recent years.  In 2012, Atlantic City had only netted $3 billion in revenue, just over half of the $5.2 billion revenue earned in 2006.
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Top Casino Games US Online Gambling Pennsylvania Online Gambling CasinoOnline Casino Sites – Pennsylvania Top in Nation?

Pennsylvania is making online casino news.  The state is poised to become the 4th state to legalize online casinos.  In doing so, the number of US online casino sites will most likely double or triple in number.  Only Nevada, Delaware and New Jersey currently permit online casino operations.  But Pennsylvania lawmakers have little time to finalize legislation permitting online gaming before they will be forced to kick the can to 2017.  Read More…

 


 

Toop Casino Games Online Casino News Best New Jersey Online Casino RevealedBest New Jersey Online Casino Revealed

Unless you have been stuck on a deserted island for years, you cannot help but to notice the increase in online gambling. Be it online casino news about casino expansion in the north, gambling revenue increases year to year of even the daily fantasy sports craze, it’s everywhere. With such, we are often asked “what is the Best New Jersey Online Casino Revealed?” To that we always have a reply that may not be what was expected. Quite frankly, they are all great. Beauty is in the eye of the beholder.  Read More…

 


 

Top Casino Games Online Gambling Expansion PA DebateOnline Gambling Expansion Still Being Debated in Pa

Pennsylvania legislators had released the State budget earlier this year that counted on $100 million in new tax revenue from online gambling expansion. When they left for recess in the summer, the Bill was left on the Senate floor for consideration in the fall. Now time has come for the Senate to move on the Bill but time is running out without any action thus far.

Last year, Pennsylvanian’s had suffered through one of the worst budget crisis’s in the State’s history. For approximately 9 months, Governor Wolfe held out on approving the budget and consequently, caused difficulty with taxpayers. Many services had been cut, terminated or left in limbo. Hopes were that the State would not go through those same difficult times in the 2016-2017 budget period but that does not look likely.  Read More…


 

Top Casino Games Casino Expansion Referendum Troubled

Casino Expansion Referendum Troubled

Voters will be asked by referendum, when they go to the polls on November 8th, about permitting gambling outside of Atlantic City. Those betting on the outcome feel that the expansion referendum will likely not pass. As a result, proponents of the project have pulled back on the support of the expansion in recent weeks.

The casino expansion referendum has become a controversial topic in recent months. Two development projects have been put on the boards for new casinos in the Meadowlands and Jersey City. These projects will create large casino resorts in the north, the first proposed outside of Atlantic City. Currently, casinos aren’t permitted outside of Atlantic City but Assemblyman Ralph Caputo set forth to change this. Caputo penned Bills that would require that the state constitution be amended to permit gaming outside of Atlantic City. Apparently, the level of opposition to the expansion referendum was underestimated by project leaders and Caputo himself.  Read More…

 


 

US Online Casinos Online Casino News Pa Gambling LawOnline Casino News – Pennsylvania Gambling Law Unconstitutional

Pennsylvania lawmakers are scrambling as a consequence of a recent Pennsylvania Supreme Court ruling. The ruling strikes down the current mechanism for casino local share taxation deeming the current Pa gambling law unconstitutional. This ruling will jeopardize the host community tax base and could lead to devastating budget crises for communities outside of Philadelphia.

The suit was brought on by Mount Airy Casino. Mt Airy disputed the current Pa gambling law calculation of the local share assessment tax. They felt that the calculation was unfair as it penalized smaller casinos with lower slot revenues. The tax is calculated by applying a two percent tax rate to the total slot take. The calculation is predicated on a minimum tax of $10 million dollars. Casinos like Mt Airy and others fail to hit that amount of slot revenue.  Read More…

 


 

Top Casino Games Revenue Growth AC NightJULY 2016 NEW JERSEY GAMING REVENUE

The July 2016 gaming revenue statistics are in and both internet and land based casinos posted year to year gains.  Overall, year to date numbers show a slight increase of 3.2% over last year to date figures.  Casinos edged out a slight 1.2% bump over July 2015 YTD figures while internet gaming posted a strong 32% increase.

The Atlantic City operators posted strong growth of 6.9% over the same period last year.  The July 2016 gaming revenue increase was again led by internet growth of 38.6%.  Caesar’s Interactive and the Golden Nugget led the charge with 27% and 36% growth respectively.  These two casinos are continuing to build their online presence at a pace of 20% year to year.  Outside of the internet gaming growth, the bricks and mortar casinos came in with a respectable 5.3% increase over July 2016 figures.   Once again, Tropicana and the Borgata led the pack with approximately 13% growth for each of the casinos.  Read More…

 


 

Top Casino Games US Online Gambling Golden Nugget Casino DealerNEW ONLINE LIVE DEALERS BRING NEW SPIN TO ONLINE GAMING

The Golden Nugget has recently ramped up its online casino platform with the addition of new, online live dealers.  Starting Thursday, August 11th, the Golden Nugget went live with the new approach to online gaming.  The Golden Nugget dealers will be the first of their kind in the New Jersey market.

The online live dealers will provide a much more realistic feel to the online gaming environment.  Online live dealers have been popular in the international markets for years.  The addition of the real dealers will give online players more realistic play as opposed to the limited impersonal electronic gaming interfaces.  The new online live dealers will also be able to personalize the games such as speaking to you by name and interact with the players during the game.  The addition of the online live dealers provides more variety for those dedicated online gamers.  For those that enjoy the experience of being at a real casino but have yet to make the jump to online gaming, the dealers help provides the same feel of play as the land based casino.  Again, the interaction with the dealer is not unlike that which serious players would have on the actual Atlantic city casino floor.   Read More…

 


 

US Online Casinos Online Casino News New Jersey Online Gambling Leads RevenueJUNE 2016 NJ GAMING REVENUE RESULTS

According to the June 2016 report from the Department of Gaming Enforcement, online play is leading the NJ gaming in year to year growth for another month.  Win rose over 31% from last year and remained flat from May figures.  The internet gaming market is led by The Borgata with over $24M in win year to date.  This represents a 6.6% increase over the prior year.

Other NJ gaming online operators have seen strong growth as well.  This month, both Tropicana and Golden Nugget have seen over 10% growth from last period.  Year over year growth was 39.9% and 30.6% respectively.  Both Caesars Interactive and Resorts Digital both recorded lower win this month than in May of 2016.  Despite having a lower June, Caesars Interactive is up year over year 19.3% year to date.  Resorts Digital year to year figures are not comparative as a result of the timing of the Resorts online gaming deployment. Read More…

 


 

Top Casino Games PA Gambling Online Tom WolfPa Gambling Online is Still Uncertain

Residents in Pennsylvania wishing to enjoy online gambling will still need to wait.  The fate of Pa gambling online is still uncertain as it awaits approval on the Senate floor.  The House passed the Bill, HB 2150, in late June but it met opposition in the Senate.

Recently, Governor Wolfe signed the state’s $31 billion budget after refusing to do so previously.   The revenue appropriations packages have yet to be finalized.  With the legislature taking a recess until September, the future of the Pa gambling bill is still uncertain.  Although $100 million is appropriated in the budget from additional gambling revenues, gambling expansion can still be nixed.  If that happens, the programs utilizing the expected revenues will be cut. Read More…

 


 

Top Casino Games Pala Online Casino Double-Deposit Signup for the Pala online casino double deposit bonus now!

Pala is one of the fast growing online gambling sites in New Jersey and making the online casino news.   New players are arriving everyday.  This is because of the Pala online casino double deposit bonus up to $500!

So if your at the beach and you finished your novel, the kids are taking care of themselves, live a little by taking advantage of the Pala online casino games.  Play any number of slots machines, table games all from the convenience of your cell phone.

Getting started is easy.  Just click here to obtain Pala online casino double deposit bonus.  Once you get to the site, you’ll be able to register and make you first deposit.  Many forms of payment are accepted so completing the registration process easy. Read More …

 


 

US Online Casinos Online Casino News Tom Wolf Pennsylvania Online GamblingPA ONLINE GAMBLING STALLS

Pennsylvania online gambling is stalled in the state Senate.  As of Sunday, Governor Wolfe has stated that he would let the budget go through without his signature.  In the absence of the Governor’s signature, the budget will go into law by default.   The appropriations package to fund the budget has yet to be hammered out.  As a result, there remains a $1.4 billion shortfall in revenues to balance this year’s budget.  Increases to tobacco taxes, and new revenues from the expansion of liquor sales in the State are included in the revenue stream. Read More …

 


 

Top Casino Games Online Casino News PA GamblingPA ONLINE GAMBLING MOVES FORWARD

Pa online gambling HB 2150, sponsored by Representative George Dunbar (R-56), moves forward after the Pennsylvania House of Representatives votes 115-80 in favor of the online gambling bill. Our Online Casino News has found the bill, if it becomes final, will allow online gambling activities such as slot machines, but was modified to exclude permitting video gaming terminals, VGTs, at bars, taverns and social clubs. The amendment also contained language that would permit daily fantasy sports under certain conditions and would make changes to current operating arrangements with existing casinos. Read More …

 


 

Top Casino Games Online Casino News PA GamblingMAY NEW JERSEY GAMING REVENUE

New Jersey gaming revenues show an increase year over year with online gaming leading the charge. In May, online gaming increased by approximately $4.0 million from $12.5 million in April to $16.5 million in May. This represents a 32.6% increase over the previous period. Year to date, online gaming has increased 30.0% over the prior year to date figures, from $60.4 million to $78.4 million.

Total New Jersey Gaming revenue from casino operations slowed during the month of May but year to date statistics show that revenues are running higher by 1.6% year to date. Month of May revenues clocked in at $203.3 million, a 2.5% decrease from April. Year over year, casinos are up 1.6% from $939.6 million in 2015 to $954.3 million in 2016. The May full statistical report from the New Jersey Division of Gaming Enforcement was recently released on Tuesday. Read More …

 


 

US Online Casinos Online Casino News Online Casino News Michigan GamblingMICHIGAN ONLINE GAMING ADVANCES

Michigan adds itself to the list of states moving to approve internet gaming. On Thursday, Senate Bill SB 889 and SB 890, introduced by Senator Mike Kowall (R-15), were forwarded to the senate floor for consideration by the Regulatory Reform Committee.

SB 889 and SB 890 work in tandem to legalize internet gaming activities throughout Michigan. In such, the Act would establish the Division of Internet Gaming to oversee the execution of the Internet Gaming Act. The gaming activities, conducted by no more than eight casino licensees or Michigan Indian tribes, would require licensees to operate a gaming facility within the state. This requirement is similar to that seen in other states. It also imposes a 10% tax on gross gaming revenues which is expected to be a big boost, once rolled out, to the state budget. Internet gaming would include casino games as well as poker. Read More …

 


 

Top Casino Games Online Casino News New JerseyCOMMITTEE RELEASES ONLINE GAMING BILL

On Thursday, a bill sponsored by Assemblyman Ralph Caputo (D-28 Essex) was released from the Assembly Tourism, Gaming and the Arts Committee. The bill, A2811, requires each casino licensee conducting online gaming in New Jersey to prominently advertise name of its Atlantic City casino on its online gaming websites and advertisements. In 2014, A3348 a similar bill, was introduced but failed to make it through the legislature.

The bills sponsor, Caputo said “Amid all the new stories and headlines, it is easy to forget that Atlantic City still has plenty to offer as far as gambling, dining, shopping and entertainment. We should use every opportunity available to promote the casinos still standing and remind potential customers that there is still plenty to see and do in Atlantic City.”  Read More …

 


 

US Online Casinos Online Casino News Online Casino News PA GamblingPENNSYLVANIA ONLINE GAMBLING MUST WAIT

HARRISBURG:  In an effort to legalize Pennsylvania online gambling and fantasy sports, the House put forth legislation that was defeated. The two amendments would allow those over 21 to wager online within the Commonwealth.   In a strange turn of events, motions were passed to reconsider the two amendments next month.

With the budget woes that have been front page in Pennsylvania for over a year, gambling expansion is, once again, expected to give a boost to the revenue streams. Controversial tax increase sought by Democratic Governor Tom Wolfe has sparked renewed interest in online gaming. As evidenced by Pennsylvania’s eastern neighbor, online gambling expansion in New Jersey generated new revenue streams for the state by means of the added gambling taxes.  Read More …

 


 

US Online Casinos Online Casino News Online Casino News New Jersey ShorelingCASINO EXPANSION RAISES CONCERNS

At the recent East Coast Gaming Congress, there was much debate on the effect that two new proposed casinos in the north will have on the remaining Atlantic City casinos. As reported by the Associated Press, Resorts Casino Hotel president Mark Giannantonio predicts that up to three Atlantic City Casinos would close as a result of the northern casino expansion projects. Further, Giannantonio stated “The second these two new casinos open in North Jersey, New York will retaliate violently.” He would expect that a move such as this will force New York’s hand resulting in the subsequent establishment of casinos in the Manhattan area.  Read More …

 


 

Top Casino Games Online Casino News PA Gaming PermitPA GCB APPROVES PERMANENT LICENSES

The Pennsylvania Gaming Control Board today unanimously approved 11 applications for operator, permanent slot-machine gaming licenses, including five for the first stand alone casinos awarded under the Race Horse Development and Gaming Act of 2004.

“Creating a new industry is a complex and arduous journey, but I can now stand with my fellow Board members and announce to the citizens of Pennsylvania that they are a step closer to significant property tax relief, additional jobs, and a reinvigorated horse-racing industry,” said Tad Decker, Chairman of the Gaming Control Board. Read More …

 


 

Top Casino Games Online Casino News PA Gaming LicensePA APPROVES FIRST GAMING LICENSES

HARRISBURG: The Pennsylvania Gaming Control Board today unanimously approved five applications for slot-machine gaming licenses, the first such licenses awarded under the Race Horse Development and Gaming Act of 2004.

The five licenses are all associated with horse-racing tracks that are operating or are under construction across the Commonwealth. Three of the entities approved today have indicated that they expect to begin gaming operations sometime between October 2006 and January 2007.

“September 27, 2006, is an historic day for the people of Pennsylvania,” said Tad Decker, Chairman of the Gaming Control Board. “Now that these licenses have been approved, Pennsylvanians will soon begin to enjoy the benefits envisioned by the Governor and the Legislature when Act 71 became law in 2004: lower property taxes, new jobs and a reinvigorated horse-racing industry.” Read More …