North Nj Casino Expansion Right Back on State’s Agenda

North Nj Casino Expansion Right Back on State’s Agenda

North New Jersey casino expansion: State Senate President Steve Sweeney wants residents to vote in the issue in 2016 november.

North nj wants to give Atlantic City a run for its money. And New Jerseyans may get the right yet to vote for casino expansion beyond the Boardwalk.

State Senate President Steve Sweeney has reintroduced legislation calling for the referendum on whether two brand new casinos should be built in the part that is north of state, throughout the water from New York City, breaking AC’s longstanding monopoly.

The bill proposes that the vote that is state-wide the issue just take destination in November 2016.

The question of North Jersey casino expansion was muted before. Atlantic City has suffered from the legalization of casino gaming within abutting states, and increased competition ended up being a major factor in four Atlantic City casino closures into the last two years.

Pennsylvania legalized casino gaming in 2007, and recently overtook its neighbor in gaming revenue. Meanwhile, New York State and Massachusetts have actually both opted to license their first casinos and the emergence of the new markets will definitely damage the nj-new Jersey market.

Strategic Importance

But North Jersey’s proximity to Manhattan therefore the New York greater area that is metropolitan it a strategically beneficial location for casinos, which Sweeney believes would lure droves of gamblers across the Hudson.

‘The q Continue reading “North Nj Casino Expansion Right Back on State’s Agenda”

Video Gaming Scandals and Bankruptcies in 2015: Sports and Gambling’s Megastories of the Year

 Video Gaming Scandals and Bankruptcies in 2015: Sports and Gambling’s Megastories of the Year

Ah yes, gaming scandals and bankruptcies. Why must this be a category in gambling news at the end of each and every 12 months?

Of most the video gaming scandals and bankruptcy news in 2015, arguably the story that is biggest of all of the had been the arrest and indictment of 14 FIFA executives, but not President Sepp Blatter.

Because, unfortunately, bankruptcies and scandals are seemingly inevitable in a high-stakes world where fortunes are won and lost in a matter of seconds.

2015 had not been immune to scandalous news, including a whopper involving widespread corruption at FIFA; a multi-million dollar lawsuit against a star poker player who was accused of cheating; a longtime poker magazine shutting up shop; certainly one of golf’s most readily useful players accused of participation in an illegal gambling ring; and an alleged insider trading situation that may alter the landscape of day-to-day dream activities forever.

But allow’s start at the very top.

FIFA Gets Kicked

Match-fixing in soccer during the walk out happens on a regular basis. But alleged fixing of World Cups is definitely an ball game that is entirely different.

Come early july, key officials within FIFA, professional soccer’s governing body, were rounded up by the Department of Justice (DoJ) and charged with widespread, systemic corruption. The charges included fraudulence, money laundering, and bribery. All whil Continue reading “Video Gaming Scandals and Bankruptcies in 2015: Sports and Gambling’s Megastories of the Year”