NJ Online Casino - Best New Jersey Online Gambling Sites. Caesars Atlantic City Hotel and Casino - Official. M : m : resorts casino hotel : m.
"Online gaming should improve the bottom line profits of Atlantic City casinos, but may also reduce the need to visit a live casino.". He also predicted Internet gambling in New Jersey would harm eastern Pennsylvania casinos.
By Wayne Parry, Associated Press, published Thursday, Dec. 5, 2013 9:43 a.m. Updated Thursday, Dec. 5, 2013 10:21 a.m. Atlantic city, N.J. The world's largest casino company is cautioning investors that Internet gambling might hurt, rather.
"Expansion of online gaming in Nevada, the commencement and expansion of online gaming in New Jersey and the introduction of online gaming in other jurisdictions may further compete with our operations.
He said the declines the Atlantic City casinos have experienced in recent years were due to increased competition in the shore town's feeder markets, and the continuing recovery from the recession of several years ago.
The casinos are offering online players comps such as free hotel rooms, meals or show tickets that are redeemable at the casinos. Steve Norton, a casino consultant and former vice president of Resorts Casino Hotel when.
In a report to the U.S. Securities and Exchange Commission, Caesars wrote that Internet gambling will compete with the company's business in Nevada, where online poker is offered, and New Jersey, where all casino games are.
"Caesars will, and other online providers do, offer online gaming options that compete with our live poker offerings in Nevada and New Jersey the company wrote.
The filing online also listed many other potential risks to its business, including another economic downturn, war, or a terrorist attack. "There are legal reasons for including cautionary language for potential issues that, while we consider them.
"While it's a legal requirement to include language such as this among potential risk factors, our experience has been that opening new channels to reach potential new customers and offer them the benefits, among others, of.