By SectorWire desk ·
The report said that Atlantic City casino gaming revenue declined 1% in June. The city’s nine casinos had collectively invested nearly $200m in renovations and upgrades over the preceding year.
Casino investments in renovations accompanied lower June gaming revenue.
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Paid-entry sweepstakes casino operators face daily civil penalties under New Jersey’s prohibition and expanded agency enforcement powers.
The settlement imposes a financial penalty on Caesars Sportsbook for responsible gambling violations in New Jersey.
Caesars’ settlement entails a fine and profit forfeiture following cited signage deficiencies and alleged self-exclusion failures.
Atlantic City casinos recorded their highest monthly gaming revenue since 2012.
The ruling leaves the petitioner’s lifetime self-exclusion in place despite objections concerning casinos outside New Jersey.
Affected sweepstakes platforms face fines for operating under the prohibited model.