The week between October 7th and 13th was another busy week around the globe, therefore plenty of news. Good news first:

Formula 1 made a comeback in Russia after 100 years. The Nobel Prize for peace was awarded to Kailash Satyarthi and Malala Yousafzai and the Honorary Dame Grand Cross was awarded to Angelina Jolie by the Queen Elisabeth II of Great Britain.

Moving onto the bad news, another country leader made the news by simply ‘showing up’; Kim Jong Un has made his first public appearance in 40 days. Awful news came from the health sector: a patient diagnosed with Ebola died in the US and another one just got infected in Spain. In Africa, hundreds are still dying. People have died in India as well due to Cyclone Hudhud and in Hong Kong, protesters were still marching for democracy.

The gambling news were interesting as well. Let’s take a look at the pics, first!

1. Singapore failed at choosing words in the campaign against gambling but succeed in banning gambling activities.

Clearly, the campaigners were not bettors… or football fans (Photo: Reuters)

2. The Trump name shall only be associated with ‘high standards of luxury’. It was decided in court that the famous surname will be removed from Trump Plaza and Trump Taj Mahal, now tapped out casinos.

Donald Trump maintains successful reputation (Photo: Timothy A. Clary/Getty)

3. Phil Ivey’s case of edge-sorting and exploiting casino’s failures was declared cheating, in court. The poker player will not have access to his winnings.

Phil Ivey lost GBP 7.7 million (Photo: ESPN)

4. Floyd Mayweather showed everybody that he is not only a good sportsman, but also a good sports bettor. And a very, very rich man.

That’s how a ‘long count’ looks like outside the boxing ring (Photo: Daily Mail)

5. New and stricter gambling laws are expected in the Czech Republic. Foreign gambling operators are welcomed as well in a hope to boost tax revenues.

Czech Finance Minister, Andrej Babiš announced new gambling laws (Photo: Jan Zatorsky)

6. New gambling laws, new taxes in the UK as well. The Court granted ‘green light’ for implementing the anticipated legal amendments, despite Gibraltar Betting and Gaming Association objections.

UK judges denied Gibraltar Betting and Gaming Association’s appeal (Photo: UPPA Ltd)

7. Ka-Ching! 350 people bought vintage gambling machines worth $2,381,700 at the Victorian Casino Antiques auction. The unique gambling items once belonged to the iconic Las Vegas Harrah’s Hotel and Casino.

When in doubt, go vintage! (Photo: VCA Auction)

That was it for the past seven days. If you want to stay informed with the latest gambling news, read the Gambling Results’ top stories section!

The week between October 7th and 13th was another busy week around the globe, therefore plenty of news. Good news first:

Formula 1 made a comeback in Russia after 100 years. The Nobel Prize for peace was awarded to Kailash Satyarthi and Malala Yousafzai and the Honorary Dame Grand Cross was awarded to Angelina Jolie by the Queen Elisabeth II of Great Britain.

Moving onto the bad news, another country leader made the news by simply ‘showing up’; Kim Jong Un has made his first public appearance in 40 days. Awful news came from the health sector: a patient diagnosed with Ebola died in the US and another one just got infected in Spain. In Africa, hundreds are still dying. People have died in India as well due to Cyclone Hudhud and in Hong Kong, protesters were still marching for democracy.

The gambling news were interesting as well. Let’s take a look at the pics, first!

1. Singapore failed at choosing words in the campaign against gambling but succeed in banning gambling activities.

Clearly, the campaigners were not bettors… or football fans (Photo: Reuters)

2. The Trump name shall only be associated with ‘high standards of luxury’. It was decided in court that the famous surname will be removed from Trump Plaza and Trump Taj Mahal, now tapped out casinos.

Donald Trump maintains successful reputation (Photo: Timothy A. Clary/Getty)

3. Phil Ivey’s case of edge-sorting and exploiting casino’s failures was declared cheating, in court. The poker player will not have access to his winnings.

Phil Ivey lost GBP 7.7 million (Photo: ESPN)

4. Floyd Mayweather showed everybody that he is not only a good sportsman, but also a good sports bettor. And a very, very rich man.

That’s how a ‘long count’ looks like outside the boxing ring (Photo: Daily Mail)

5. New and stricter gambling laws are expected in the Czech Republic. Foreign gambling operators are welcomed as well in a hope to boost tax revenues.

Czech Finance Minister, Andrej Babiš announced new gambling laws (Photo: Jan Zatorsky)

6. New gambling laws, new taxes in the UK as well. The Court granted ‘green light’ for implementing the anticipated legal amendments, despite Gibraltar Betting and Gaming Association objections.

UK judges denied Gibraltar Betting and Gaming Association’s appeal (Photo: UPPA Ltd)

7. Ka-Ching! 350 people bought vintage gambling machines worth $2,381,700 at the Victorian Casino Antiques auction. The unique gambling items once belonged to the iconic Las Vegas Harrah’s Hotel and Casino.

When in doubt, go vintage! (Photo: VCA Auction)

That was it for the past seven days. If you want to stay informed with the latest gambling news, read the Gambling Results’ top stories section!

Since introducing online gambling to its residents, the state of New Jersey has not been able to achieve the financial results that they hoped for. Internet gambling was legalized in efforts to help the ailing economy, but has so far shown no signs of improvement.

New Jersey Governor Chris Christie has previously asserted that the industry will generate substantially more than what the current reality shows. In efforts to boost the online gambling industry, he was been trying to add an online sports betting service to the current offer, but nothing has come to fruition so far.

New York Business Journal: New Jersey’s online gambling flop threatens the rest of the state’s spending

A month ago in May, New Jersey Governor Chris Christie predicted that the state would see an inflow of $180 million during this year from taxes associated with online gambling operations. Considering that the state is estimating much smaller figures closer to $12 million, the Governor’s predictions were highly overvalued.

According to gambling news, the whole New Jersey gambling scene doesn’t have very good prospects for the future. The state’s overall casino industry is currently experiencing an economic slump, as many gaming facilities are not achieving expected results.

The online gambling sector is not performing as anticipated due to certain challenges. Some banks do not allow their clients to use their credit cards for internet gambling purposes, making it difficult for players to gamble with their money.

The biggest problem stems from the fact that some reports indicate that New Jersey has an illegal online gambling market which is valued at over $400 million a year. This may prove to be a great obstacle for legislator trying to implement changes to their online gaming market, by adding sports betting to their ranks.

Bloomberg Businessweek: Online Gambling Slump Adds to Christie’s N.J. Budget Woes

New Jersey initially saw a decline in revenues in April, just months after starting their online gambling industry. The decrease in online traffic is not the only gaming sector suffering a gradual revenue decrease. Casinos in Atlantic City have seen their revenues drop a massive 44% since peaking in 2006.

The state has high investments in Atlantic City, as it depends on the coastal town to provide jobs, attract tourists and most importantly taxes. The current economic climate will see the state government receive considerably less than initially expected.

Online mobile news reports that New Jersey is hoping to get $12 million from taxes, an amount that is substantially less than what the first projections claimed. Governor Christie believed that they could fetch somewhere around the $180 million mark form imposing the 15% internet gambling tax, however that figure now seems like a distant dream.

The chief operating officer of the Borgata Hotel Casino & Spa, Tom Balance, commented on the unlikely turn of events for the industry. “I don’t think anyone had the crystal ball to predict what the market would be.”

The Republic: New Jersey’s Internet gambling revenue falls again in May; industry struggling after 6 months

Following the first disappointing results in April, New Jersey has not managed to see an increase occur over time. Instead, online gambling revenue has been declining for two consecutive months.

Atlantic City’s casinos first showed signs of a bad economy when some of them started closing down. The Atlantic Club shut down operations in January, which served as a precursor of the state of the market. Additionally, casinos in Atlantic City recorded a 3.1% revenue decrease as compared to a year before.

Online gambling was introduced as a way for the state to create additional tax revenue sources, as other sectors of the market were not performing well. Governor Christie assumed that the overall value for the first year of online gambling operations would amount to over $1 billion.

However, many Wall Street analysts disagree with his estimates, as they anticipate to find gambling results far lower than $1 billion. They forecast the industry to generate somewhere between $200 million and $300 million for the year. Up until now gaming companies have managed to only make $61.9 million, a figure that is far below the projected results.

Nj.com: Online gambling hits wall in NJ 6 months after launch.

Since introducing online gambling to its residents, the state of New Jersey has not been able to achieve the financial results that they hoped for. Internet gambling was legalized in efforts to help the ailing economy, but has so far shown no signs of improvement.

New Jersey Governor Chris Christie has previously asserted that the industry will generate substantially more than what the current reality shows. In efforts to boost the online gambling industry, he was been trying to add an online sports betting service to the current offer, but nothing has come to fruition so far.

New York Business Journal: New Jersey’s online gambling flop threatens the rest of the state’s spending

A month ago in May, New Jersey Governor Chris Christie predicted that the state would see an inflow of $180 million during this year from taxes associated with online gambling operations. Considering that the state is estimating much smaller figures closer to $12 million, the Governor’s predictions were highly overvalued.

According to gambling news, the whole New Jersey gambling scene doesn’t have very good prospects for the future. The state’s overall casino industry is currently experiencing an economic slump, as many gaming facilities are not achieving expected results.

The online gambling sector is not performing as anticipated due to certain challenges. Some banks do not allow their clients to use their credit cards for internet gambling purposes, making it difficult for players to gamble with their money.

The biggest problem stems from the fact that some reports indicate that New Jersey has an illegal online gambling market which is valued at over $400 million a year. This may prove to be a great obstacle for legislator trying to implement changes to their online gaming market, by adding sports betting to their ranks.

Bloomberg Businessweek: Online Gambling Slump Adds to Christie’s N.J. Budget Woes

New Jersey initially saw a decline in revenues in April, just months after starting their online gambling industry. The decrease in online traffic is not the only gaming sector suffering a gradual revenue decrease. Casinos in Atlantic City have seen their revenues drop a massive 44% since peaking in 2006.

The state has high investments in Atlantic City, as it depends on the coastal town to provide jobs, attract tourists and most importantly taxes. The current economic climate will see the state government receive considerably less than initially expected.

Online mobile news reports that New Jersey is hoping to get $12 million from taxes, an amount that is substantially less than what the first projections claimed. Governor Christie believed that they could fetch somewhere around the $180 million mark form imposing the 15% internet gambling tax, however that figure now seems like a distant dream.

The chief operating officer of the Borgata Hotel Casino & Spa, Tom Balance, commented on the unlikely turn of events for the industry. “I don’t think anyone had the crystal ball to predict what the market would be.”

The Republic: New Jersey’s Internet gambling revenue falls again in May; industry struggling after 6 months

Following the first disappointing results in April, New Jersey has not managed to see an increase occur over time. Instead, online gambling revenue has been declining for two consecutive months.

Atlantic City’s casinos first showed signs of a bad economy when some of them started closing down. The Atlantic Club shut down operations in January, which served as a precursor of the state of the market. Additionally, casinos in Atlantic City recorded a 3.1% revenue decrease as compared to a year before.

Online gambling was introduced as a way for the state to create additional tax revenue sources, as other sectors of the market were not performing well. Governor Christie assumed that the overall value for the first year of online gambling operations would amount to over $1 billion.

However, many Wall Street analysts disagree with his estimates, as they anticipate to find gambling results far lower than $1 billion. They forecast the industry to generate somewhere between $200 million and $300 million for the year. Up until now gaming companies have managed to only make $61.9 million, a figure that is far below the projected results.

Nj.com: Online gambling hits wall in NJ 6 months after launch.

New Jersey has once again been dealt a blow as the Supreme Court reached a verdict to keep the ban sport gambling in the Eastern state. There have been numerous attempts to revert the bill prohibiting bets on sports, however all have been futile so far.

Nevertheless, there is still hope. Important statesmen from New Jersey remain confident in their battle, as a new bill that is due to be published bears a more promising effect than previous attempts.

Bloomberg: New Jersey Sports Betting Bid rejected by Supreme Court

Latest gambling news states that New Jersey’s quest to legalize sports gambling has been dampened. Despite tabling an appeal, Governor Chris Christie was not able sway the US Supreme Court. The Court claimed that New Jersey sports gambling pursuit came in conflict with a 1992 federal law that was passed to prevent the expansion of state-lead sports betting.

New Jersey aimed to make betting on professional and college sports legal, by offering to provide the services through the state’s racetracks and Atlantic City casinos. It is evident why prominent officials from the state supported the proposed change. Estimates show that the business would generate over $1 billion in bets and more than $100 million for the state.

White House representatives contested the action pointing to the National Collegiate Athletic Association, National Basketball Association, National Hockey League, National Football League and Major League Baseball.

They indicated that the 1992 Professional and Amateur Sports Protection Act allows sports gambling only in Nevada, while Delaware maintains a sports betting to lesser degree. Governor Christie highlighted that the federal law does not enable New Jersey to exercise its sovereign rights. Virtually all New Jersey residents voted in favor of sports betting in 2011.

NorthJersey: N.J. officials vow to change state law to permit sports betting

So far the state has spent over $3 million in research and legal expenses to see sports betting become a reality, however nothing has come to fruition due to the Supreme Court’s rejection. The overall process lasted for two years and saw the state lose on two occasions.

A US District Court judge supported the views of the NFL and four other sports organizations, and decided not to reverse the original ban. Governor Christie expressed his disappointed and acknowledged that New Jersey’s chances were slim. “They don’t give an explanation, so there is nothing to really react to. They said no, so we have to move on.”

Sports scores news reports that some other state officials remain adamant in legalizing sport gambling in New Jersey. Senate President Stephen Sweeney stated, “We are not giving up. The economic impact that sports wagering can have on New Jersey is far too important to simply shrug our shoulders and move on.”

Many like-minded people believe that this has the potential to help New Jersey’s fading horseracing and Atlantic City gambling industry. Sports betting would help the ailing economy in many terms and raise millions of dollars in taxes for the treasury.

CBS New York: Supreme Court Leaves In Place a Ban on Sports Betting in NJ

Despite recently losing a legal battle against the Supreme Court to legalize sports gambling, a New Jersey official brought up the idea of a revised bill that would see them achieve their goal.

New Jersey lawmakers submitted a case arguing that illegal betting on sports is valued at over $500 billion per year. Overturning the gambling law would create an opposite effect and lead to better standards. Legalization would see illegal gambling activities subsided, while in the same time generate income for the government and create employment opportunities.

The revised bill should see New Jersey challenge the law prohibiting them from offering sports betting services to players.

State Senator Raymond Lesniak hopes that US Department of Justice will not fight their reinvigorated attempts. “Aren’t they selling marijuana in Colorado and Washington? Isn’t that against federal law? Nothing stops is from repealing all our gambling laws on sports betting as long as we don’t regulate it, as long as we don’t promote it.”

Unlike other officials who seem to have given up on hopes to legalize sports betting, Lesniak is determined to succeed. He stated that is the Supreme Court does not accept the new case, then he would proceed with plans to offer sports gambling as soon as Week 1 of the NFL season. “I’m not saying “one day.” I’m saying September. ”

New Jersey has once again been dealt a blow as the Supreme Court reached a verdict to keep the ban sport gambling in the Eastern state. There have been numerous attempts to revert the bill prohibiting bets on sports, however all have been futile so far.

Nevertheless, there is still hope. Important statesmen from New Jersey remain confident in their battle, as a new bill that is due to be published bears a more promising effect than previous attempts.

Bloomberg: New Jersey Sports Betting Bid rejected by Supreme Court

Latest gambling news states that New Jersey’s quest to legalize sports gambling has been dampened. Despite tabling an appeal, Governor Chris Christie was not able sway the US Supreme Court. The Court claimed that New Jersey sports gambling pursuit came in conflict with a 1992 federal law that was passed to prevent the expansion of state-lead sports betting.

New Jersey aimed to make betting on professional and college sports legal, by offering to provide the services through the state’s racetracks and Atlantic City casinos. It is evident why prominent officials from the state supported the proposed change. Estimates show that the business would generate over $1 billion in bets and more than $100 million for the state.

White House representatives contested the action pointing to the National Collegiate Athletic Association, National Basketball Association, National Hockey League, National Football League and Major League Baseball.

They indicated that the 1992 Professional and Amateur Sports Protection Act allows sports gambling only in Nevada, while Delaware maintains a sports betting to lesser degree. Governor Christie highlighted that the federal law does not enable New Jersey to exercise its sovereign rights. Virtually all New Jersey residents voted in favor of sports betting in 2011.

NorthJersey: N.J. officials vow to change state law to permit sports betting

So far the state has spent over $3 million in research and legal expenses to see sports betting become a reality, however nothing has come to fruition due to the Supreme Court’s rejection. The overall process lasted for two years and saw the state lose on two occasions.

A US District Court judge supported the views of the NFL and four other sports organizations, and decided not to reverse the original ban. Governor Christie expressed his disappointed and acknowledged that New Jersey’s chances were slim. “They don’t give an explanation, so there is nothing to really react to. They said no, so we have to move on.”

Sports scores news reports that some other state officials remain adamant in legalizing sport gambling in New Jersey. Senate President Stephen Sweeney stated, “We are not giving up. The economic impact that sports wagering can have on New Jersey is far too important to simply shrug our shoulders and move on.”

Many like-minded people believe that this has the potential to help New Jersey’s fading horseracing and Atlantic City gambling industry. Sports betting would help the ailing economy in many terms and raise millions of dollars in taxes for the treasury.

CBS New York: Supreme Court Leaves In Place a Ban on Sports Betting in NJ

Despite recently losing a legal battle against the Supreme Court to legalize sports gambling, a New Jersey official brought up the idea of a revised bill that would see them achieve their goal.

New Jersey lawmakers submitted a case arguing that illegal betting on sports is valued at over $500 billion per year. Overturning the gambling law would create an opposite effect and lead to better standards. Legalization would see illegal gambling activities subsided, while in the same time generate income for the government and create employment opportunities.

The revised bill should see New Jersey challenge the law prohibiting them from offering sports betting services to players.

State Senator Raymond Lesniak hopes that US Department of Justice will not fight their reinvigorated attempts. “Aren’t they selling marijuana in Colorado and Washington? Isn’t that against federal law? Nothing stops is from repealing all our gambling laws on sports betting as long as we don’t regulate it, as long as we don’t promote it.”

Unlike other officials who seem to have given up on hopes to legalize sports betting, Lesniak is determined to succeed. He stated that is the Supreme Court does not accept the new case, then he would proceed with plans to offer sports gambling as soon as Week 1 of the NFL season. “I’m not saying “one day.” I’m saying September. ”

Blackjack High Roller

While regular mortals either play free online blackjack or low limits at various online casinos, some play for millions.

Tropicana Casino, which prides itself on taming high rollers, and making them crawl home defeated and demoralized, took a drubbing at the hands of the blackjack master.

In April of this year Don Johnson, a famous blackjack high roller, beat various Atlantic City casinos for more than $15 million playing ultra-high limit blackjack card games. He return again in October for a second helping, deciding to visit Tropicana Casino, which fell victim to his elite black jack mastery of the card table in April to a tune of $5.5 million.

Tropicana Casino, which was hemorrhaging from the blackjack high roller’s advanced card counting prowess, had recovered a bit and its owner even sent out a challenge for Johnson to return.

‘The Beast of Blackjack’ or ‘The Atlantic City Assassin’, the nicknames that the world press has christened Don Johnson with, speak volumes of the pure fear that every casino pit boss feels in the pit of their stomach when the mighty blackjack master walks onto the casino floor.

The $5.5 million dollars that Johnson won at the Tropicana in a single day exploded his face and name on television and newspapers throughout the world. In essence making him as much of a star as his namesake, Don Johnson, the actor from Miami Vice episodes of the 1980s.

Return to Tropicana

In October, Johnson the blackjack high roller was back for more and nothing was going to hold him back from unleashing the power of the ancient gods of blackjack upon Tropicana.

He paid a visit yet again to the Tropicana Casino, located in New Jersey, and took $2 million in a death defying two day gambling spree at the blackjack tables. The blackjack high roller’s win was confirmed when Tropicana CEO, Mr. Tony Rodio, admitted that the casino was the victim of the Atlantic City assassin’s fury.

“I went back in and did very well,” the normally press shy Don Johnson stated to reporters. Not bad for two days work.
Source: Blackjack Champ: Blackjack Expert Don Johnson Wins $2 Million at Tropicana Casino

Blackjack High Roller

While regular mortals either play free online blackjack or low limits at various online casinos, some play for millions.

Tropicana Casino, which prides itself on taming high rollers, and making them crawl home defeated and demoralized, took a drubbing at the hands of the blackjack master.

In April of this year Don Johnson, a famous blackjack high roller, beat various Atlantic City casinos for more than $15 million playing ultra-high limit blackjack card games. He return again in October for a second helping, deciding to visit Tropicana Casino, which fell victim to his elite black jack mastery of the card table in April to a tune of $5.5 million.

Tropicana Casino, which was hemorrhaging from the blackjack high roller’s advanced card counting prowess, had recovered a bit and its owner even sent out a challenge for Johnson to return.

‘The Beast of Blackjack’ or ‘The Atlantic City Assassin’, the nicknames that the world press has christened Don Johnson with, speak volumes of the pure fear that every casino pit boss feels in the pit of their stomach when the mighty blackjack master walks onto the casino floor.

The $5.5 million dollars that Johnson won at the Tropicana in a single day exploded his face and name on television and newspapers throughout the world. In essence making him as much of a star as his namesake, Don Johnson, the actor from Miami Vice episodes of the 1980s.

Return to Tropicana

In October, Johnson the blackjack high roller was back for more and nothing was going to hold him back from unleashing the power of the ancient gods of blackjack upon Tropicana.

He paid a visit yet again to the Tropicana Casino, located in New Jersey, and took $2 million in a death defying two day gambling spree at the blackjack tables. The blackjack high roller’s win was confirmed when Tropicana CEO, Mr. Tony Rodio, admitted that the casino was the victim of the Atlantic City assassin’s fury.

“I went back in and did very well,” the normally press shy Don Johnson stated to reporters. Not bad for two days work.
Source: Blackjack Champ: Blackjack Expert Don Johnson Wins $2 Million at Tropicana Casino