Gambling

It's against the law to bet on sports in New Jersey because of a federal ban.

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It's no secret that lottery sales spike when there are enormous jackpots, like last week's 320 million dollar Powerball jackpot. But the biggest money-maker for the lottery, by far, is the multitude of scratch-off instant games.

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A ratings agency says the deal in which Connecticut-based Mohegan Sun casino operators will manage Resorts Casino Hotel in Atlantic City could boost the Mohegan tribal authority's management venture.

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After Garden State voters approved a referendum to legalize sports gambling, New Jersey issued regulations allowing the issuance of sports betting licenses.

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New Jersey Senate Majority Leader Loretta Weinberg likes the idea of a temporary casino at the Meadowlands in the week leading up to the Super Bowl.

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A mere two years after getting table games, Pennsylvania casinos are seeing their revenues soar, and that has to make Atlantic City even more nervous.

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As Atlantic City continues to make efforts to attract more visitors, an Assembly Committee is holding a hearing today to review the idea of allowing casino gambling in the Meadowlands.

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Members of a New Jersey Assembly committee plan to examine the prospect of casino gaming at the Meadowlands.

Assemblyman Ruben Ramos Jr., who chairs the Regulatory Oversight and Gaming Committee, says expanding gambling options to the Meadowlands could strengthen New Jersey against competition  from nearby states

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"Do-AC"...It's the weapon of choice in trying to re-brand the sagging gambling town's image by de-emphasizing gaming and focusing on other attractions in Atlantic City. But one expert says he has a hard time figuring out what the campaign's focus is.

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An Internet gambling bill being considered by New Jersey lawmakers could allow Atlantic City's casinos to take bets from people in other states or countries, although key details remain to be worked out.

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