New Jersey Online Gambling Income Drops for First Time

New Jersey Online Gambling Income Drops for First Time

New Jersey’s Atlantic City casinos saw online gambling profits fall for the first time in April. (Image: Atlantic-City-Casino.com)

While the revenues from New Jersey’s emerging online gambling market have already been small, most observers have remained upbeat about the long-term prospects for online gambling in the state. Each month, suggesting that steady growth could be expected for some time after all, since the launch of the sites in November of last year, online casino and poker games have brought in more and more money.

But that streak is now at an end. Web gambling profits were down somewhat for New Jersey in falling to a total of $11.4 million for the month april. That’s in regards to a half-million less than in March, when the web sites earned $11.9 million.

Part of the reason for this is that had one less day than March april. But that does not tell the whole tale: the average take per day was also down really somewhat, falling from $383,173 in March to $380,958 in April.

This employs strong gains in recent months. Both January and March saw double-digit monthly gains over past months, while even February the quickest month of the season saw a nine percent increase over January.

Good Weather, Payment Issues Cited

Officials cited possible reasons for the decrease, while remaining upbeat about the long run of on the web gambling in the state.

‚Maybe when the climate was nice, the laptops got closed and folks de „New Jersey Online Gambling Income Drops for First Time“ weiterlesen

Massachusetts High Court Hears Case for Casino Repeal Vote

Massachusetts High Court Hears Case for Casino Repeal Vote

Massachusetts Attorney General Martha Coakley stands by her choice to reject a ballot proposition to repeal the state’s 2011 casino law. (Image: AP Photo/Elise Amendola)

Opponents of casino gambling in Massachusetts have been waging war against the expansion on every battlefront possible. They’ve had wins and losses across the state, but they’ve constantly made their case. Now, they’re hoping that the court that is highest in Massachusetts can give them one final chance to place the matter before voters.

The Massachusetts Supreme Judicial Court heard arguments last week over the concern of whether a measure to repeal the 2011 casino law can show up on the statewide ballot in November. The move would create a referendum essentially on whether casinos could be built the one that could disrupt the method even if it was to ultimately fail.

State Believes Implied Contracts Would Be Violated By Repeal

That disruption ended up being one for the main arguments made by solicitors for hawaii, including Attorney General Martha Coakley, whom rejected the petition it was unconstitutional because she felt. According to Coakley, such a repeal would damage the ‚implied contracts‘ between casino license applicants and the continuing state gambling commission. She argued that those contract rights would be illegally recinded with no compensation for the casino businesses.

Coakley made remarks at a morning meal forum in Boston that fur „Massachusetts High Court Hears Case for Casino Repeal Vote“ weiterlesen

Vintners Oppose Napa Valley Casino. Some area vintners are upset

Vintners Oppose Napa Valley Casino. Some area vintners are upset about the chance of a Napa Valley casino into the winemaking that is famous in California.

There’s a bouquet that is heady of emanating from the Napa Valley at the minute, where winemakers are turning claret with rage over the possibility of a casino besmirching their fertile soil and lush industries.

The casino may be part of an ambition that is long-term the Mishewal Wappo Tribe of Native Us americans, for whom the Napa Valley is a historical homeland, which will be currently suing the US government for federal recognition. The Wappo leaders are attempting to restore the status that is federal lost beneath the California Rancheria Termination Act of 1958, which especially affected small tribal groups in California.

Recognition would permit the tribe to circumvent zoning that is local to pursue financial development, which would theoretically allow it to develop a casino without seeking approval from the community. California currently has 65 casinos operated by 64 tribes that are different.

In accordance with a study by Los Angeles-based Beacon Economics, tribal gaming supports about 56,000 jobs in California and, in 2012, their state’s casino employees took home $2.9 billion in wages.

Casino Would ‚Upset Agricultural Balance‘

But the issue having a casino amongst the world-famous vineyards of the Napa Valley, as the vintners aim out, is that a Napa County legal ordinance provides priority to ‚agricult „Vintners Oppose Napa Valley Casino. Some area vintners are upset“ weiterlesen