Search results
Results from the WOW.Com Content Network
The law legalizes online casino gambling for a ten-year trial period, restricts the operation of the websites to Atlantic City's eleven casinos, and imposes a 15% tax on online gambling revenue, instead of the 8% currently imposed on casinos. [47] [clarification needed]
The New Jersey Division of Gaming Enforcement (DGE) is a governmental agency in the U.S. state of New Jersey that was established in 1977 under the Casino Control Act, N.J.S.A. to ensure the integrity of the casino gaming industry, including sports wagering at horse racetracks, in the state.
A gaming control board (GCB), also called by various names including gambling control board, casino control board, gambling board, and gaming commission, is a government agency charged with regulating casino and other types of gaming in a defined geographical area, usually a state, and of enforcing gaming law in general.
New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was ...
The individual often credited for ultimately ending illegal gambling in Ocean City is Jack Sanford, who was elected as the States Attorney for Worcester County around the 1950s.
The most burning issue for Atlantic City in the new year is likely to be whether state lawmakers approve a measure to ban smoking in the nine casinos. ... which studies the Atlantic City gambling ...
In 1989, the casino at the Atlantis Hotel and Casino was forced to close. [18] In 2007, the Tropicana Hotel & Casino was denied a renewal of its license. [19] In 2010, the CCC approved a settlement between the New Jersey Division of Gaming Enforcement and MGM Mirage, whereby MGM relinquished its 50% ownership in the Borgata Hotel Casino.
A law passed by popular vote in 1976 gives Atlantic City a monopoly on casino gambling in New Jersey. [1] [2] Current holders of casino licenses in Atlantic City would have six months to draft proposals for two casinos in the northern area of the state. Each casino proposal would have to include an investment of at least $1 billion.