Tag:

Casino Gambling

NJ Passes $1B In Sports Betting Revenue, Atlantic City Remains Top Casino Hub Outside Vegas NJ Passes $1B In Sports Betting Revenue, Atlantic City Remains Top Casino Hub Outside Vegas NJ Passes $1B In Sports Betting Revenue, Atlantic City Remains Top Casino Hub Outside Vegas
NJ Passes $1B In Sports Betting Revenue, Atlantic City Remains Top Casino Hub Outside Vegas The US sports betting industry shattered records in 2024, pulling in nearly $14 billion in revenue as more states embraced legal gambling. Sportsbooks brought home $13.71 billion in revenue in 2024, the American Gaming Association (AGA) said in a news release on Wednesday, Feb. 19. That was up 25.4 percent from 2023. Americans legally bet $147.91 billion on sports, a 23.6 percent jump from 2023. More than 95 percent of those wagers were placed online, continuing a trend that has made mobile betting the dominant force in the industry. New York remained the top sports-betting marke…
NJ Man Conned $1.5M From Boston Buddy To Fund Casino Trips, Fund NY Restaurant: Feds Say NJ Man Conned $1.5M From Boston Buddy To Fund Casino Trips, Fund NY Restaurant: Feds Say NJ Man Conned $1.5M From Boston Buddy To Fund Casino Trips, Fund NY Restaurant: Feds Say
NJ Man Conned $1.5M From Boston Buddy To Fund Casino Trips, Fund NY Restaurant: Feds Say A New Jersey man who admitted to conning a friend out of $1.5 million on a fake investment scheme in Boston to fund his restaurant and casino vacations will serve 18 months in prison, authorities announced.  Edwin Tavarez, 48, of Garfield, N.J., pleaded guilty to wire fraud in May and was sentenced on Monday, Dec. 18, the US Attorney for Massachusetts said. He must also repay the $1,515,836 million he stole.  Tavarez conned a decades-long friend into "investing" in an industrial property in the Dorchester neighborhood of Boston, authorities said. Tavarez told his friend they …
Caesars Becomes Third Approved Casino Facility Operator In Virginia Caesars Becomes Third Approved Casino Facility Operator In Virginia Caesars Becomes Third Approved Casino Facility Operator In Virginia
Caesars Becomes Third Approved Casino Facility Operator In Virginia Gamblers in Virginia will soon have a new play to test their luck. The Virginia Lottery Board approved Caesar’s Virginia’s application on Wednesday, April 26, to become the third approved casino facility operator in the state, authorities announced. A temporary facility will be opened up in May, with a permanent casino set to open in Danville late in 2024. The Danville Casino will be open 24 hours a day beginning at 10 a.m. on Monday, May 15 until the permanent resort is ready to welcome guests. “This comes after a comprehensive review of application materials submitted by Caesar’s Virgini…