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Plousis, chairman of the New Jersey Casino Control Commission, said in a statement. “Market adjustments were expected and will continue as each casino works to attract new customers and build their market share.” Prior to the opening of Hard Rock and Ocean Resort, Atlantic City’s seven existing casinos reported an 11.7% drop in first quarter profits compared to 2017. Atlantic City casinos had a 6.3% revenue rise in June. Sports betting created $3.8 million in revenue during July. It began June 14 after state lawmakers fast-tracked legislation in the wake of a May Supreme Court ruling that overturned a 26-year-old federal ban. The wagering numbers factored in three facilities that were set up for the entire month at Borgata, Ocean Resort and Monmouth Park. Bally’s Atlantic City and the Meadowlands Racetrack opened sports betting lounges later in July. The state of New Jersey collected $23.4 million in gambling taxes in July reflecting a 12.5% increase from a year ago. This was based on an 8% tax rate on casino gross revenue, 15% on internet gambling gross revenue and 8.5% on casino and racetrack sports wagering gross revenue. New Jersey's long record of structural budget deficits contributed to the state’s bond ratings dipping to the second lowest among U.S.
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The Georgia Bureau of Investigation busted a Chevron gas station on Lakewood Avenue for illegal gambling. The gas station was giving out cash payments to gamblers, according to the GBI. In Georgia, only stores are allowed to give winners lottery tickets or store credit for winnings. But people who work and live in the area told Channel 2's Lori Wilson that gambling wasn't the only issue at the business. "It was just a spot for illegal activity," said Angel, who asked Channel 2 not to use her last name. Car crashes into body shop; The aftermath is remarkable Angel said her family business has been open near the station for 10 years. "We would always tell people if you want to get snacks or gas, you might want to go a little further down to Moreland," Angel said.
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