While the sports season has slowed in May, NJ still fairs well. May is not a particularly highly active sports month, therefore states with legal sports betting like New Jersey has taken a hit. Gross online gambling revenue dipped in the month of May from $53.08 million to $52.09 million for online casino, sports gambling, …
The DOJ flip-flops on domestic gambling stance which has major implications across the nation. An Opinion given by the Department of Justice (DOJ) in 2011 concerning the limitations of the Federal Wire Act has recently been reversed, or reconsidered, by a Memo released by the Office of Legal Counsel (OLC), a division of the DOJ, …
Just as the 2019 legislative session deadline reaches Friday the 18th, five sports gambling bills are squeezed in last minute. Governor Charlie Baker and several other MA lawmakers have produced their own sports gambling bills for consideration in this year’s legislative session. The Governor’s bill favors the endeavors of companies like DraftKings and FanDuel, while …
New Jersey’s sports betting industry is fresh, and any negative attention could make the public lose trust in state-regulated sportsbooks. FanDuel Sportsbooks is stuck licking their wounds after a refusal to payout, an internal investigation by the New Jersey Division of Gaming Enforcement, and negative public coverage. After an internal glitch in FanDuel’s sportsbook system …
The long-awaited verdict in the New Jersey Supreme Court sports betting case has arrived. PASPA was ruled unconstitutional and has been repealed. The 46 states affected by PASPA are not in the clear to pass legislation that would usher in legal sports betting. A 6-3 vote majority vote saw PASPA be repealed. The majority opinion …
New Jersey, 1 of 3 states to feature legal regulated online casinos and poker, surpassed $20 million in total revenue for the 6th straight month. This news is positive for online gambling proponents, as the ambitious industry has shown it is able to sustain itself. New Jersey’s model could potentially serve as the base for …
The problem with online gambling in the United States is that the online casinos offered in the few states that allow them are limited to the customer markets of only those states. The interstate gambling agreement between Nevada and Delaware currently only covers poker. For a New Jersey online gambling operator, they are legally only …
The Supreme Court of the United States has officially decided to take on New Jersey’s sports betting case. This news is a breath of fresh air in a case that was presumed dead after the Solicitor General weighed in on the matter. SCOTUS reached out to the acting Solicitor General for an opinion on the …