Friday, September 14, 2018

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Teenager who scammed thousands from Malta online casino gets suspended sentence

— Steve Ruddock (@SteveRuddock) August 14, 2018 Interestingly, the record-breaking month comes despite a sizable drop in NJ online poker, which had a year-over-year decrease of 7.9 percent with just over $1.8 million last month. To date in 2018, online casino revenue in New Jersey is up to $165.4 million for a 16.5 percent increase from this time last year. Make it five straight months that  Golden Nugget has topped $8 million in online casino revenue. And, as it has done in four previous occasions, it became the first operator to reach a revenue milestone. With a 49.3 percent year-over-year increase, Golden Nugget reported $9,328,814 in July online casino revenue — the first NJ property to exceed $9 million. That total accounted for 36 percent of the market. Once again, Borgata was the month’s runner-up in revenue, reporting $4,931,403. It was a solid bounce-back month for the casino, which had a 9-percent drop-off from May to June. It rebounded for a 30.3 percent Y/Y increase in July. In doing so, Borgata fell just shy of joining Golden Nugget as the only operators to top $5 million. Resorts  nearly hit a milestone itself with $3,940,407 reported in July, and  Caesars  was right behind with $3,767,078, reflecting a 17.2 percent spike from 2017.

For the original version including any supplementary images or video, visit https://www.njgamblingsites.com/14700/online-casino-nj-revenue-july-2018/

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The Latest New Addition To The NJ Sports Betting Scene: Kindred Group

Kresimir Spajic, Senior Vice President of Online Gaming at Hard Rock International, spoke to the partnership in a press release : “Hard Rock is proud to partner with one of the fastest growing operators in the industry. We are hopeful that Kindred’s international experience and commitment to innovation will translate to a significant success in New Jersey.” Hard Rock’s short tenure in New Jersey gaming Hard Rock smashed guitars and opened its doors to the Boardwalk on June 28. Just hours later it launched its online casino with its online gaming partner Gaming Innovation Group (GiG). The one thing it didn’t open was a sportsbook, even though sports betting launched in New Jersey a few weeks before its grand opening. In July, a deal between Hard Rock and Bet365 was discovered by PlayNJ in correspondence on the Division of Gaming Enforcement (DGE) website.

For the original version including any supplementary images or video, visit https://www.njgamblingsites.com/14810/the-latest-new-addition-to-the-nj-sports-betting-scene-kindred-group/

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