Tag Archives: nj online gambling

Wynn uses G2E to restate opposition to Web wagering | Las Vegas Review-Journal

Another Las Vegas gaming giant has once again publicly stated his opposition to online gambling, this time during a recent keynote address at G2E. When asked what he thought of online gambling during a Q+A period, Steve Wynn responded “not much”. Wynn praised his competitor Sheldon Adelson for his stance against online gambling and stated […]

Adelson slams online gambling and Pokerstars

In his recent keynote address at G2E this week, Sheldon Adelson reiterated his absolute disdain for online gambling. His criticism didn’t end there. He used the term” lawbreakers” when referring to Pokerstars and  stated he didn’t believe anything changed with the acquisition of the company by Amaya, stating “it’s the same organization- just different stakeholders”. […]

Another Assemblyman weighs in: PokerStars would harm Atlantic City market

Another NJ Assemblyman has publicly stated his opposition to allowing Pokerstars to enter the NJ online gambling market. In an open letter to the Asbury Park Press, Assemblyman Ron Dancer of the 12th Legislative District and a member of the Tourism, Gaming and Arts Committee, outlines his reasons for prohibiting Pokerstars from coming into the […]

Rating firm cuts NJ online gambling winnings estimate- Third time’s the charm?

It has taken Fitch Ratings three attempts to confirm what I have been saying for more than 6 months now. I predicted that the total revenue from Internet gambling in NJ will not exceed 150 Million dollars for the full year.  Fitch now pegs full year revenue at between 120M-130M. Rating firm cuts NJ online gambling […]