Latest Gambling laws and regulations News

APNewsBreak: Meadowlands plans sports betting near NYC

Jun. 22, 2018 12:12 AM EDT

ATLANTIC CITY, N.J. (AP) — The Meadowlands Racetrack plans to bring legal sports betting to New York City's doorstep next month. Jeff Gural, who manages the northern New Jersey track, tells The Associated Press that he plans to begin offering sports betting on July 15. That's significantly earlier than a...

Ocean Resort Casino, formerly Revel, gets casino license

Jun. 21, 2018 11:58 AM EDT

ATLANTIC CITY, N.J. (AP) — A Denver developer and New Jersey gambling regulators made a big bet Thursday on the future of Atlantic City and a casino that flopped four years ago, granting a casino license to the Ocean Resort Casino a week before it is due to reopen. The property is the former Revel casino,...

Ocean Resort Casino owner: We'll surprise the world

Jun. 20, 2018 4:59 PM EDT

ATLANTIC CITY, N.J. (AP) — The owner of Atlantic City's Ocean Resort Casinos promised to "surprise the world" when the former Revel casino reopens next week. And the surprises began Wednesday when the casino's executives unveiled some optimistic financial projections that would see it do better than...

Speaker: Sports gambling unlikely to pass in NY this year

Jun. 15, 2018 3:26 PM EDT

ALBANY, N.Y. (AP) — There isn't enough legislative support to pass a bill authorizing sports wagering in New York this year, the speaker of the state Assembly said Thursday. Bronx Democrat Carl Heastie said lawmakers in his chamber have raised "significant issues" about legislation that would allow bets at...

New Jersey begins taking legal sports bets

Jun. 14, 2018 5:06 PM EDT

OCEANPORT, N.J. (AP) — New Jersey's governor bet that the New Jersey Devils will win the Stanley Cup, while basketball legend Julius Erving bet that Philadelphia's football team will repeat as champions, placing the wagers Thursday, the day betting on professional sports became legal in the state. The...

Time is running out for New York sports betting bill

Jun. 13, 2018 5:04 PM EDT

ALBANY, N.Y. (AP) — Lawmakers in New York have little time left if they hope to quickly follow New Jersey in authorizing sports betting. The state Legislature plans to adjourn for the year next week, giving supporters a short window to finalize the details and pass legislation. Pending proposals would...

Panel: Sports bets on phones have huge growth promise

Jun. 13, 2018 4:59 PM EDT

ATLANTIC CITY, N.J. (AP) — When a New Jersey racetrack and a casino start taking bets on sporting events Thursday, they will be part of an industry primed for tremendous growth, much of it taking place on smartphones, according to a panel of national gambling experts. Speaking Wednesday at the east Coast...

The Latest: Regulators issue sports betting regulations

Jun. 13, 2018 3:16 PM EDT

ATLANTIC CITY, N.J. (AP) — The Latest on New Jersey's preparations for sports betting (all times local): 3:10 p.m. New Jersey gambling regulators have issued regulations for sports betting providers. The state Division of Gaming Enforcement posted the technical regulations on its website Wednesday. That...

Unions seek player safeguards as sports gambling expands

Jun. 13, 2018 1:53 PM EDT

Unions representing professional athletes are starting to lobby states that are considering legal sports gambling, seeking protection for athletes from threats and harassment and from those who might seek to manipulate their performance on the field for monetary gain. In a document being circulated to state and...

New Jersey governor signs bill allowing sports betting

Jun. 11, 2018 6:16 PM EDT

ATLANTIC CITY, N.J. (AP) — Gamblers in New Jersey will be able to start betting on sports by Thursday under legislation the governor signed Monday legalizing a pastime that has long lived in the shadows of organized crime and shady offshore operators. Gov. Phil Murphy, a Democrat, signed the bill just...