Hit and Run: PA Casino Launches NJ iGaming Site; Baazov Hearings Underway; Big One for One Drop Update
SugarHouse Casino launches New Jersey online casino. Donald Trump profited while NJ casinos tanked. Big One for One Drop in Monte Carlo details. And more.
SugarHouse Casino Launches a New Jersey Online Casino
There was some big, but extremely underreported news in New Jersey yesterday that will have implications not only for New Jersey’s online gambling industry, but may very well portend what we can expect to see in Pennsylvania, if and when that state legalizes online gambling this year or next.
The news, that SugarHouse Casino, located in Philadelphia, Pennsylvania, has launched an online casino in the Garden State in conjunction with Golden Nugget AC is still flying under the radar.
Interesting news: PA casino Sugarhouse launched a NJ online casino site (under Golden Nugget's license) https://t.co/Zqk16cvfH5
— Steve Ruddock (@SteveRuddock) September 12, 2016
The attention Pennsylvania casinos are paying to New Jersey (Mohegan Sun launched a New Jersey online casino last year, and Mount Airy is running cross-border promotions with 888) seems to be positive developments in the Keystone State.
– Veteran poker player David “ODB” Baker won the Hard Rock Tulsa RunGood Poker Main Event, pocketing nearly $30,000 in the process. For those that don’t know, Baker’s nickname is an acronym for “Original David Baker” used by poker players in order to differentiate him from the other David Baker, who goes by the name “Bakes.”
– CNN Money took a deep dive into one of the businesses Donald Trump is best known for, Atlantic City casinos. According to the report, the casinos posted losses each and every year after the company went public, but Trump profited to the tune of about $40 million during that time.
– The AMF hearing dealing with the insider trading charges filed against former Amaya CEO David Baazov began today.
– The Massachusetts Gaming Commission wants to take care of online gambling, daily fantasy sports, and any other related product all in one fell swoop. The question is; will the Massachusetts legislature agree on this approach?
– the $1,000,000 buy-in Big One for One Drop tournament no longer occurs at the World Series of Poker, but the tournament hasn’t disappeared either. One Drop will be part of the 2016 Monte Carlo One Drop Extravaganza tournament series set to take place this October. Card Player has more details on the festivities.