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The real winner in the market was Draftkings Sportsbook , which sits under Resorts Digital Gaming's license, as they soared to a whopping $2.97 million in their first month of sports betting operations. A noticeable mention goes out to Hard Rock Online Casino as they saw a steady increase in revenues to generate nearly $500k in their second month of operations. NJ Online Sports Betting Could Surpass Casino Wagering Sports betting has the potential to be a real game changer as NJ online sports betting operators gear up and launch their products in peak football season. The question that remains is how sports will impact casino and poker revenues – as replacement wagering or incremental. So far Sugarhouse Online Casino and Caesars Online Casino are the only operators to offer both casino and sports betting on one website, but they only launched in early September. For now there is only one month to analyze, and we saw a 4.22% dip in casino and poker revenue from July to August as sports betting went live. However, with increased marketing coming with football season, and a turn to inclement weather in September, will this rising sports betting tide lift all boats? Based on online sports betting revenues in the first month alone, one thing seems clear – people want safe, secure, and legal ways to bet on sports online in America. The tax revenue implications as more States turn to legalization could be substantial. "Draftkings Sportsbook looks to impress as they have a clear blueprint for success, which they could scale out nationwide," said BonusSeeker.com Casino Editor, Anirudh Vashishth.
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The casino, which won’t be opened until at least 2020, has already purchased an online gambling license. We think that it’s only a matter of time before it drops the required $10 million for a sportsbook permit as well. Valley Forge is one of two casinos classified as a Category 3 Resort venue. The property has already benefited from last year’s expanded gambling law, which allows it to open up its casino floor to the general public, not just hotel guests. We believe that Valley Forge is very likely to delve into sports betting, as it was recently acquired by Boyd Gaming, which has laid plans to dominate online casino/sports wagering in the U.S. In July, Boyd announced a landmark partnership deal with MGM , which would allow both companies to quickly expand into states which legalize sports betting.
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Lindsey Graham (R-South Carolina) and former Rep. Jason Chaffetz (R-Utah) into pushing legislation (known as the Restoration of America’s Wire Act/RAWA) that would restore the Wire Act to its pre-2011 interpretation. The federal bills didn’t attract much support in Congress. Lincoln, a Democrat, seems to support Adelson, as well as Graham and Chaffetz’s belief, that online gambling sites can’t be properly regulated and monitored. She’s points to UK sites as an example in her FT recent Op-Ed. Given the industry’s relentless marketing schemes, it is no surprise that the UK’s gambling regulator found in 2017 that around 370,000 children and young people were gambling every week,” the former senator wrote. “The DOJ can prevent America’s kids from visiting online casinos … by revisiting its 2011 opinion as soon as possible.” After being voted out of Congress, Blanche started a lobbying group in DC called the Lincoln Policy Group. Finance records show that Adelson’s Las Vegas Sands is a good client, and has been billed by Lincoln Policy for $760,000 over the last four years. Former Congressman and presidential candidate Ron Paul (R) has a much different view. He believes online gambling is a power that “Online gambling has no impact on other states. Technology prevents residents from restrictive states … from gambling on the sites of more permissive states like New Jersey, yet members of Congress have repeatedly set out to dictate how states can govern,” Paul wrote in January. US Attorney General Jeff Sessions (R) was asked by Graham during his confirmation hearing in the US Senate Judiciary Committee about the 2011 opinion.
With poker, you are taking on other players, trying to build the best possible hand or bluffing your way to success, while blackjack involves competing with a dealer . On the face of it, the two games appear to be very different, but there is a great deal of crossover between them , which is why poker players are often able to successfully transfer their skills to blackjack. Online poker has enjoyed a rapid growth over the last few years with millions of new players all over the world trying to learn the unique blend of maths, strategic thinking and psychology required to master the game. Successful poker players tend to be calm and able to make rapid calculations, and these skills often enable them to prosper in the world of blackjack. On one level, blackjack is a simpler game, in which you don’t take on a table of other players, but instead compete with the dealer, bidding to get the highest score without exceeding a total of 21. It is, however, a complex game, requiring a mastery of strategy, and an ability to be calm and methodical, which is what makes it perfect for poker players.
Three men sentenced in $10,000 blackjack table scam at northeast SD Indian casino By Barry Amundson on Nov 22, 2017 at 3:43 p.m. ABERDEEN, S.D.—Three men who were part of an elaborate $10,000 blackjack table scam on New Year's Eve at the Dakota Sioux Casino near Watertown, S.D., have been sentenced. Pit boss Lito Bolocon, 44, of Sisseton, S.D., and frequent casino blackjack player Jordon Rondell, 29, of Lennox, S.D., appeared before U.S. District Judge Charles B. Kornmann in federal court on Monday, Nov. 20, and each received a sentence of six months in custody and were ordered to pay $8,700 in restitution to the gaming establishment. Blackjack dealer Jeremy Kris Brown, 43, of Sisseton, was sentenced to two years of probation and ordered to pay $2,000 in restitution for his role in the conspiracy. The three were all convicted of conspiracy involving theft by employees of a gaming establishment on Indian land. According to plea agreements, the South Dakota U.S.
Senator Compares Online Gambling To Terrorism Cybercrimes Former U.S. Senator Compares Online Gambling To Terrorism Cybercrimes Longtime Democratic Lawmaker Calls For Internet Betting Ban by Brian Pempus | Published: Aug 21, 2018 | A former U.S. Senator from Arkansas working for a group funded to prevent or delay the casino industry from innovating and bringing games to the internet, used familiar fear mongering in an Aug. 19 op-ed for the Financial Times . Calling for Congress to revisit the 1961 Wire Act and institute an online gaming ban, former Sen. Blanche Lincoln subtly compared internet casino games to terrorism. She cited a 2017 FBI Internet Crime Report that listed “victim counts” for the entire spectrum of internet activity. “The FBI’s 2017 Internet Crime Report revealed that the victim count and financial losses suffered as a result of online gambling surpassed that of terrorism-related cybercrimes last year,” Blanche, a Democrat, wrote. “It is this clear pattern of targeting the helpless that stands out to me.” However, a look at the report reveals the fear mongering. In the FBI report, internet gambling was
Numbers released by the New Jersey Division of Gaming Enforcement this week showed two significant things. The first is that NJ sportsbooks have taken in more than $57 million in bets since launch in mid-June. The second is that the operations