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Group says New Jersey toxic waste dumping caused $1B in harm, calls settlement inadequate
Read full article: Group says New Jersey toxic waste dumping caused $1B in harm, calls settlement inadequateA Jersey Shore environmental group says damage from decades of toxic waste dumping at one of America's most notorious pollution sites caused $1 billion worth of damages.
New Jersey, home to many oil and gas producers, eyes fees to fight climate change
Read full article: New Jersey, home to many oil and gas producers, eyes fees to fight climate changeNew Jersey is considering charging fees on producers of fossil fuels to help the state that is home to several oil and gas facilities fight the effects of climate change.
Legislators propose 15% to 25% tax rate for new states adopting internet gambling
Read full article: Legislators propose 15% to 25% tax rate for new states adopting internet gamblingLawmakers from states with legalized gambling are proposing standards for other states that are considering allowing internet betting.
New Jersey internet gambling sets another revenue record at $213 million
Read full article: New Jersey internet gambling sets another revenue record at $213 millionNew Jersey’s internet gambling market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person.
Workers take their quest to ban smoking in Atlantic City casinos to a higher court
Read full article: Workers take their quest to ban smoking in Atlantic City casinos to a higher courtWorkers seeking to ban smoking in Atlantic City’s casinos are asking an appeals court to consider their request, saying a lower court judge who dismissed their lawsuit did so in error.
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Read full article: Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports betsOnline gambling company bet365 must refund more than a half-million dollars to customers who won bets, but were paid less than they were entitled to when the company unilaterally changed the odds while making the payouts.
New Jersey seeks fourth round of offshore wind farm proposals as foes push back
Read full article: New Jersey seeks fourth round of offshore wind farm proposals as foes push backNew Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy goals even as local opposition and challenging economics create blowback to the effort.
Dead whale in New Jersey had a fractured skull among numerous injuries, experts find
Read full article: Dead whale in New Jersey had a fractured skull among numerous injuries, experts findA post-mortem examination of a whale that washed ashore on New Jersey’s Long Beach Island shows the animal sustained numerous blunt force injuries including a fractured skull and vertebrae.
Atlantic City casinos were less profitable in 2023, even with online help
Read full article: Atlantic City casinos were less profitable in 2023, even with online helpAtlantic City’s casinos were less profitable in 2023 than they were a year earlier, even with help from the state’s booming online gambling market.
Internet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much.
Read full article: Internet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much.Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing share of the betting pie.
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
Read full article: U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fearNew figures from the gambling industry show America's commercial casinos won more than $66 billion from gamblers in 2023, the industry’s best year ever.
Super Bowl bets placed online surged this year, verification company says
Read full article: Super Bowl bets placed online surged this year, verification company saysThe level of online betting on the Super Bowl surged this year, according to a company that tracks the physical location of online gamblers.
Through sobs, cargo ship officer says crew is 'broken' over deaths of 2 firefighters in blaze
Read full article: Through sobs, cargo ship officer says crew is 'broken' over deaths of 2 firefighters in blazeA top officer of an Italian cargo ship that caught fire last summer in one of America’s busiest seaports broke down in sobs recalling his crew’s initial efforts to put out the blaze.
Former coal-fired power plant razed to make way for offshore wind electricity connection
Read full article: Former coal-fired power plant razed to make way for offshore wind electricity connectionA giant smokestack that was part of the landscape for millions of tourists heading to beaches on the southern New Jersey shore came down Thursday.
Orsted puts up $100M guarantee that it will build New Jersey's first offshore wind farm by 2025
Read full article: Orsted puts up $100M guarantee that it will build New Jersey's first offshore wind farm by 2025The Danish wind energy company Orsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm.
US casinos have their best July ever, winning nearly $5.4B from gamblers
Read full article: US casinos have their best July ever, winning nearly $5.4B from gamblersCommercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to a national gambling industry group.
Internet gambling would be given 5 more years under latest change in New Jersey
Read full article: Internet gambling would be given 5 more years under latest change in New JerseyInternet gambling would be allowed to take place for at least five more years under the latest proposal by New Jersey lawmakers.
New Jersey casinos, tracks and partners won $471M in May, up 9.4%, but in-person winnings still lag
Read full article: New Jersey casinos, tracks and partners won $471M in May, up 9.4%, but in-person winnings still lagNew Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling won nearly $471 million in May, an increase of 9.4% from a year earlier, according to figures released Monday by state gambling regulators.
Offshore wind foes in New Jersey gathering force legally and politically
Read full article: Offshore wind foes in New Jersey gathering force legally and politicallyOpponents of offshore wind energy projects in New Jersey are gathering force legally and politically as they seek to snuff out the new industry.
New Jersey utilities float solar panels on reservoir, powering water treatment plant
Read full article: New Jersey utilities float solar panels on reservoir, powering water treatment plantTwo New Jersey utilities have joined forces on a clean energy project to pump water from a reservoir to 84,000 homes and businesses.
New Jersey acts to help problem gamblers, sets ad standards
Read full article: New Jersey acts to help problem gamblers, sets ad standardsNew Jersey is changing its gambling regulations to set advertising standards, making it easier for people with gambling problems to exclude themselves from casinos and marketing from the gambling houses, and creating a position to monitor how well the state’s problem gambling outreach efforts are working.
Post-COVID woe: Atlantic City casino earns fell 4.6% in '22
Read full article: Post-COVID woe: Atlantic City casino earns fell 4.6% in '22Three years after the coronavirus pandemic erupted, Atlantic City’s casinos are collectively struggling to get back to where they were before COVID-19 in terms of profitability.
45M Americans to bet on March Madness hoops, group estimates
Read full article: 45M Americans to bet on March Madness hoops, group estimatesAbout 45 million Americans say they plan to bet on this year’s March Madness college basketball championship tournament, and an increasing percentage will do it in a way that doesn’t include filling out brackets.
NJ breaks own monthly sports betting record: $1.3B in bets
Read full article: NJ breaks own monthly sports betting record: $1.3B in betsNew Jersey’s red-hot sports betting industry smashed its own national record in October for the highest amount of bets taken in a single month, topping $1.3 billion.
US casinos match best quarter ever; post-COVID hopes rise
Read full article: US casinos match best quarter ever; post-COVID hopes riseAmerica’s commercial casinos matched their best quarter ever in the first three months of this year, as customers continued returning amid the COVID-19 pandemic and internet and sports betting money helped boost revenue numbers.
Virus aid, no new taxes top US gambling industry 2021 goals
Read full article: Virus aid, no new taxes top US gambling industry 2021 goals(AP Photo/Wayne Parry)ATLANTIC CITY, N.J. – The U.S. gambling industry wants additional financial aid from the next round of coronavirus stimulus legislation, and promises to fight new or higher taxes on its operations as it works to recover from the pandemic. In an online speech outlining the industry's goals for 2021, Miller predicted the gambling industry's fortunes will improve this year, particularly in the second half, as more people become immunized and economic activity picks up. That’s an environment where gaming will thrive.”Like most other industries, the gambling industry was hit hard by the pandemic. Last year, for the first time, the U.S. gambling industry was included in a federal relief package. Internet gambling, while available in only four states, generated nearly $1.4 billion in revenue and $340 million in taxes over the first 11 months of 2020.
US casinos recovering from virus, but challenges remain
Read full article: US casinos recovering from virus, but challenges remain(AP Photo/Wayne Parry)ATLANTIC CITY, N.J. – America's casinos are recovering from months of closures necessitated by the coronavirus outbreak, having regained 81% of the gambling revenue they saw in the third quarter of last year, the casinos' trade association said Monday. But that recovery is threatened in places as the virus continues to surge throughout the country. It found that the industry won over $9 billion in the third quarter of this year, which is 81% of the amount it won during the same period a year earlier, when there was no virus and casinos were operating normally. “While these quarterly results are promising, the reality is a full recovery is dependent on continued public health measures to control prevalence rates” of the virus. Revenue from slot machines was $5.87 billion for the quarter, down 19.3%, and table games revenue was $1.57 billion, down 31.2%.
Jackpot! Expansion of gambling in the US wins big at polls
Read full article: Jackpot! Expansion of gambling in the US wins big at pollsThe U.S. gambling industry was a big winner at the polls on Nov. 3, 2020, with three states authorizing sports betting and three others either authorizing or expanding casino gambling. (AP Photo/Wayne Parry)ATLANTIC CITY, N.J. – The U.S. gambling industry won big at the polls Tuesday, with three states authorizing legal sports betting and three others either approving or expanding casino gambling. Virginia approved casino gambling in four locations, Nebraska authorized adding casino games at its horse racing tracks, and Colorado expanded the number and type of casino games it can offer, along with eliminating some wagering limits. Voters in four Virginia cities — Bristol, Danville, Portsmouth and Norfolk — approved ballot measures authorizing casinos. Nebraska allowed casino games at racetracks in Omaha, Lincoln, Grand Island, Columbus and South Sioux City.
Still hampered by virus, US casinos want aid in recovering
Read full article: Still hampered by virus, US casinos want aid in recoveringWhile 90% of casinos have reopened, they are operating at restricted levels to try to slow the spread of the virus, and additional financial aid is needed for casinos and their workers, according to the head of the gambling industry's national trade group. “Gaming workers, their families, and the small businesses that depend on us have all been hit hard," Miller said. Detroit lost $600,000 in gambling tax revenue for every day its casinos were shut, he said. The pandemic wiped out $209 million in gaming tax revenue in Maryland and $323 million in Pennsylvania, he added. The casinos want liability protection so that businesses that follow public health guidelines cannot be sued by people who contract the virus.
Caesars Entertainment buys bookmaker William Hill for $3.7B
Read full article: Caesars Entertainment buys bookmaker William Hill for $3.7BCustomers make bets at the William Hill sportsbook inside the Tropicana casino in Atlantic City N.J., on March 8, 2019. Caesars Entertainment announced Wednesday, Sept. 30, 2020, it is buying William Hill for $3.7 billion. William Hill was founded in 1934 and grew to become a well-known name in the betting industry, particularly in England. “The William Hill board believes this is the best option for William Hill at an attractive price for shareholders," company chairman Roger Devlin said in a statement. In Atlantic City, William Hill sports books operate at the Ocean Casino Resort, Tropicana, Bally's and Harrah's.
Virus closures send Atlantic City casinos to $112M Q2 loss
Read full article: Virus closures send Atlantic City casinos to $112M Q2 lossThat compares with an operating profit of nearly $160 million in the second quarter of last year. That more than covers the entire second quarter, the months of April, May and June. The Borgata had the biggest loss at more than $40 million for the quarter, compared to a $55 million profit in the second quarter of last year. Hard Rock had a loss of $18.2 million, compared to a profit of $11.2 million a year ago; Harrah's had a $15.1 million loss, compared to a $23 million profit a year ago; Resorts had a $12.6 million loss, compared to a $5.3 million profit a year ago; and Tropicana had an $11.8 million loss, compared to a $22.6 million profit last year. Caesars had a $9.9 million loss, compared to a profit of $16.3 million a year ago, and Bally's had a $8.7 million loss, compared to a $9.3 million profit a year ago.
US commercial casinos won $43.6 billion in 2019, up 3.7%
Read full article: US commercial casinos won $43.6 billion in 2019, up 3.7%(AP Photo/Wayne Parry)ATLANTIC CITY, N.J. ATLANTIC CITY, N.J. (AP) Helped by the continuing spread of legal sports betting, commercial casinos in the U.S. won $43.6 billion from gamblers last year, an increase of 3.7% from the previous year. The commercial casinos were aided in part by a continuing expansion of sports betting, with more than $13 billion wagered legally last year. Sportsbook operators took in $908.9 million in sports betting revenue in 2019, more than double the $430.7 million they won in 2018. New York saw $2.73 billion last year, up 5.5%; Louisiana saw $2.46 billion, down nearly 4%, and Indiana saw $2.24 billion, which was virtually unchanged from a year earlier. At the end of 2019, there were 524 tribal casinos operating in 29 states, according to the National Indian Gaming Commission, compared with 465 commercial casinos in 25 states.
Virus or not, if you open Jersey Shore beaches, they'll come
Read full article: Virus or not, if you open Jersey Shore beaches, they'll comeBicyclists ride on the boardwalk in Seaside Heights, N.J. on May 15, 2020, the on the first day it opened during the coronavirus outbreak. It and another popular Jersey Shore beach, Point Pleasant Beach, were among those allowing people back onto the sand with some restrictions to try to slow the spread of the virus. On Friday, local governments gave the signal and beachgoers returned to the sand at some of New Jersey's most popular beaches, including Seaside Heights and Point Pleasant Beach. Yet despite the teen migration, things were decidedly under control at Seaside Heights, a place with a reputation for not always being so. Phil Murphy gave guidance to shore towns on how to reopen their beaches safely amid the virus pandemic.