Category Archives for "Royal Vegas Casino"

New Jersey Online Gambling Income Drops for First Time

New Jersey Online Gambling Income Drops for First Time

New Jersey’s Atlantic City casinos saw online gambling revenues fall for the first time in April. (Image: Atlantic-City-Casino.com)

While the profits from New Jersey’s emerging gambling that is online happen tiny, most observers have remained upbeat about the long-term prospects for Web gambling in their state. Each month, suggesting that steady growth could be expected for some time after all, since the launch of the sites in November of last year, online casino and poker games have brought in more and more money.

But that streak is now at a finish. Web gambling revenues were down slightly for New Jersey in April, dropping to a total of $11.4 million for the month. That’s of a half-million less than in March, whenever sites introduced $11.9 million.

The main reason with this is April had one less day than March. But that does not tell the story that is whole the average take daily was additionally down extremely somewhat, dropping from $383,173 in March to $380,958 in April.

This comes after strong gains in recent months. Both January and March saw double-digit monthly gains over past months, while even February the month that is shortest of the season saw a nine percent increase over January.

Good Weather, Payment Issues Cited

Officials cited reasons that are possible the decrease, while remaining upbeat about the long run of on the web gambling in the state.

‘Maybe whenever the climate was good, the laptops got close Continue reading

Two bwin.party Execs Acquitted of Gambling Charges in France

Two bwin.party Execs Acquitted of Gambling Charges in France

bwin.party exec Norbert Teufelberger and former co-CEO Manfred Bodner (r) have actually finally been acquitted of costs in France. (Image: SN / APA / HERBERT PFARRHO)

The battle over whether bwin now called bwin.party violated the rules of France’s online gambling industry has been fought for over a decade now, with legal proceedings having begun nearly eight years back. But finally, after it seemed as although the case might never be resolved, a court that is french come to the final outcome that two professionals who were with bwin during the disputed time duration are perhaps not guilty of the crimes they are accused of.

Bwin.party chief executive Norbert Teufelberger and former co-CEO that is bwin Bodner have actually both been acquitted of costs that they violated the appropriate gambling monopolies set up in France between 2003 and 2005. At the time, only two organizations La Francaise diverses Jeux (FDJ) and Pari-Mutuel Urbain (PMU) had been offered a monopoly over the nation’s gambling industry, with the two accusing bwin of violating their rights by offering online gaming products to French citizens.

Long Wait for Verdict

Teufelberger and Bodner were initially arrested back in September 2006 while at a press seminar announcing a partnership between bwin and AS Monaco, A french soccer club. The pair ended up being faced with illegally Internet that is offering gambling, illegally receiving bets on spor Continue reading