Atlantic City Casino Revenues Still Plummeting Past Recession End
Even though the recession seems to be over, Atlantic City casino revenues are still on a steady decline. While much of the US is slowly returning back from the effects of the recession, casinos in Atlantic City continue to see steady decline in their revenues. According to statistics from the New Jersey Casino Control Commission, the gaming industry in Atlantic City saw income for July drop five percent from last year’s numbers.Only the Atlantic City Hilton and the Trump Taj Mahal were able to report better business this year than in 2009. Nine other casinos suffered losses from the year previous, and those figures were significantly down from 2008.Casino operators had used the national impact of the recession as a scapegoat for much of Atlantic City’s gaming trouble, but other factors continue to ravage the area’s gambling business. Increased competition in neighboring states has ended New Jersey’s exclusivity on the East Coast, and the convenience of online casinos continues to draw players in anticipation of the opening of the US gaming market.Governor Christie has proposed a state takeover of the city’s gambling district, but it is debatable whether New Jersey will be able to reverse the direction of the devastation simply through better branding and advertising.State Senator Ray Lesniak has led the way on several bold concepts designed to rescue Atlantic City’s gaming business, including challenging the federal ban on sports betting and suggesting intrastate online gambling run by AC casinos, but the measures are opposed by powerful foes both locally and nationally.In the meantime, New Jersey’s dependable cash cow seems to have gone hooves up. Published on August 10, 2010 by JulieWong
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Atlantic City Casino Revenues Still Plummeting Past Recession End
Affleck And Timberlake Starring In Online Gambling Movie
Ben Affleck and Justin Timberlake have been around the world of gambling ever since they have become A-List celebrities. Now, the pair have been tapped to star in a motion picture centered on the world of online gambling.Runner, Runner will be the name of the new thriller, and the film will dive into the world of illegal Internet gambling. It is an issue that is hot in many countries right now, and in the US the online gambling movement is in full force.Brad Furman will direct the movie, with David Levien and Brian Koppelman writing the script. The scriptwriters are familiar with the underground gambling scene, having tackled the issue back in 1998 with the movie, Rounders. Leonardo DiCaprio will work as one of the producers for the movie. The producer list for the flick is long, with seven people on board.Affleck and Timberlake have been busy over the past year. Affleck has wrote, directed, and starred in the movie Agro, which is expected to be finished this year. Timberlake is coming off a year in which he starred in three separate major motion pictures.Over the past decade, online gambling has become one of the largest industries in the world. In many countries, the activity is still prohibited by the government, but that has been rapidly changing. Over the past year, Germany, Italy, Spain, and the US have made strides towards opening up their Internet gambling industries.In the US, the Department of Justice issued an opinion late last year overturning a long-standing belief that all online gambling was illegal. Instead, the DoJ asserted that only online sports betting is illegal. That ruling has opened the doors for states such as New Jersey and Nevada to craft online gambling regulation laws this year.Runner, Runner, will focus on the illegal online sites that operated and dominated the industry in the early part of the new millennium. Several international companies were accepting bets from gamblers in countries where online gambling had been prohibited, and the movie will dive into the inner-workings of these companies. April 14, 2012Posted By April GardnerStaff Editor, CasinoGamblingWeb.comSubmit News!
New Bingo Sites Increase Bingo Bonus Offers
March 7th, 2012 Admin Just because there are millions of people in the UK that love to play online bingo games over the internet, it doesn鈥檛 necessarily mean that players will flock at all the new bingo sites that keep on cropping up all over the internet. A number of business people have realized that there is such a huge demand for online bingo, that they have decided to open their own bingo rooms and cash in on the latest craze. But things are not that simple, as bingo players have become extremely savvy and they know what they are looking for at a site, and they will not join a site, let alone make a deposit, unless they meet certain criteria in order to qualify as a trusted bingo brand that is worth their time and money. One of the first things that bingo players will look for at a bingo site is to see whether they offer their members some sort of free bonus so they can test drive their bingo games for free before depositing. This can be done usually in two different ways, the first one is via a no deposit required bingo bonus and the second one is via free online bingo games accessible only by newbies. The former is a great way for those looking to try out only the bingo games, while the latter way is even more attractive as it allows players to not only cash out any of their winnings, but also use that money to try out their side games, including their scratch card games, online slots, casino games and keno games. Even though a great structured bingo bonus offer might be appealing to begin with, new online bingo sites must continue to deliver the goods across all aspects of the game as well as their loyalty scheme if they wish to complete with their more established counterparts. Posted in Games Tags: Bingo Bonus Offers, Bingo Sites 芦 The Right Collection of Casino Games Makes All of the Difference! Both comments and pings are currently closed.
Rules Of Online Casino Slot Games Gambling
Online casino slot games directories can e a good way of finding the most reputed online casinos. You can also go through reviews and comments posted by other players who have been members of different online casinos and have had good experiences in monetary transactions. Alternatively, you can check out the blacklisted casinos on the internet to make sure you do not become a member of one of the listed ones. Online casino slot games gambling is no longer a special sport associated to the rich and elite class but enjoyed by players of varied race, location, age, and financial status, thanks to the online casino bonuses and promotional offers. However, there are some basic rules that need to be followed if you also want to become a part of this exhilarating online gambling world. The first and the most important rule for online casino slot games gambling is your age. You must be at least 18 or above to open an account at online casinos. This age may differ from one jurisdiction to other and you must follow the legal age accordingly. It is mandatory to have an online account while gambling online and furnish accurate details regarding payments lest your account be suspended. . Bookmark the .
Harry Reid Holds Online Casino Bill’s Future Hostage
Harry Reid is as mysterious as the Sphinx when it comes to predicting his ultimate stance on online casino regulation. Now that Barney Frank’s measure proposing regulation of online casinos has gathered some momentum in the House, observers are wondering how the bill may fare in the Senate. The uncertainty of which way that chamber will turn on Internet gambling lies directly at the feet of Senate Majority Leader Harry Reid.”He’s the linchpin,” Representative Shelley Berkley, from Reid’s home state of Nevada, told the Reno Gazette-Journal. “He will be the decider when it comes to Internet gaming.”On the surface, it might seem obvious that Reid would be on the side of opening the online gambling market and allowing the licensing of Internet poker sites and online gambling operators. Like Reid, Frank is a powerful member of the Democratic Party, and Reid certainly has no desire to aid Spencer Bachus and the ultra-conservative right in defeating H.R. 2267.But Reid has long relied heavily on the support of the giant casino companies in Las Vegas, a group divided on the subject of online casinos. Until recently, the land casinos were united behind Steve Wynn and his insistence on continuing the ill-designed UIGEA ban.Lately, some operators, led by Harrah’s, have altered their position, preparing themselves to adapt to regulated online gambling. The shift has left the American Gaming Association adopting an officially neutral stance.While Berkley told the paper she sees Reid softening on the issue of Internet casinos, the hardened politician finds himself in a fight for his political life. Without a decisive order from the casino companies, Reid may take whichever side is most politically expedient with his constituents to ensure his re-election.This could mean the entire US online casino policy for years to come may be decided by Nevada voters’ feelings on whether Internet gambling will increase or decrease their unemployment rate. Published on August 9, 2010 by MattMiller
Did Christie Make Online Gambling Call With Eye On Election?
New Jersey Governor Chris Christie vetoed online gambling legislation earlier this year, and at the time, it was suggested by CGW analysts that Christie’s decision to veto the legislation may have been fueled by his desire to gain the Republican presidential nomination in 2012.Over the past week, Christie has been mum on whether or not he will run for the nation’s top office, but more and more evidence is pointing towards the New Jersey governor doing so. If that occurs, it is likely that Democrats would pin him to his decision against online gambling at a time when the nation is moving towards regulation.Top strategists for Governor Christie have started to assess the pros and cons of jumping in a Republican primary race that appears to have no real front runner. Christie is well-liked within the Republican base, and his decision to veto the online gambling bill that lawmakers passed in new jersey is viewed as a sign that Christie had national political aspirations.”When a Governor vetoes any legislation, it usually is because they are under significant pressure from their own party,” said Gaming Analyst Steve Schwartz. “Governor Christie understood the stance his party has taken on Internet gambling over the years, and becoming the first state to regulate online gambling may have turned off many Conservatives.”Although Christie has vetoed the bill earlier this year, it appears as though the legislation will be coming back to his desk for a signature, possibly as soon as later this year. Senator Raymond Lesniak has adjusted the original bill, addressing some of the issues that kept Christie from signing the original.Lesniak again has strong support from New Jersey lawmakers, yet Christie has not said whether he would sign the new bill. The governor, instead, has focused on creating jobs and is known for his straight talking ways. An additional veto to a bill that would bring thousands of jobs to New Jersey could potentially be dangerous to a campaign run by Christie.While Democrats would surely use the gaming bill to try and undermine Christie’s decision-making process, Conservatives would be focusing on the positives that have come out of Christie’s stay as governor of New Jersey. Christie has been described as a straight-shooter, and someone who leads from the front, with cutting edge ideas.Republicans could counter the liberals’ gambling talking point about the veto by bringing up the fact that the governor, last year, orchestrated a series of summit meetings with the goal of stabilizing the existing gaming industry in New Jersey. Christie was responsible for bringing North Jersey, where race tracks are the primary gaming option, with South Jersey, where Atlantic City casinos rule.Out of those summits can a series of law changes that have helped both the tracks and AC casinos in the sort run. With Christie not strongly opposed to gaming, its is still possible that Lesniak’s bill could gain the governor’s seal of approval later this year. October 2, 2011Posted By Larry RutherfordStaff Editor, CasinoGamblingWeb.comSubmit News!