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Nov 21- New Jersey will launch a five-day "soft" trial of 13 online gambling sites Thursday, ahead of the official November 26 debut of Internet gaming in the most populous state to date. New Jersey follows Nevada and Delaware in permitting online poker, and will also allow residents to play other casino games online, as well.
The state of New Jersey granted its first online gambling licenses to several big international gaming companies on Friday, dramatically speeding their re-entry to the lucrative U.S. market. New Jersey joins Nevada and Delaware in permitting online poker and it is more populous than those states.
LONDON, Nov 8- Online gaming group bwin.party Digital Entertainment has been given permission to start offering gambling in New Jersey, the third and potentially most lucrative U.S. state to allow internet betting.
Stocks are rallying on hopes for a deal on the debt limit, yet keeping the government shut down. Come again?
Some of the names on the move ahead of the open.
LOS ANGELES, Oct 9- Borgata Hotel Casino& Spa, owned by Boyd Gaming Corp's and MGM Resorts, said it received the first Internet gaming permit ever in New Jersey from the state's Division of Gaming Enforcement.
LOS ANGELES, Oct 9- Boyd Gaming Corp's Borgata Hotel Casino& Spa said it received the first Internet gaming permit ever in New Jersey from the state's Division of Gaming Enforcement. The company said it had worked closely with the division throughout the process.
The IRS is expanding its rules for what business repairs qualify as tax deductible, everything from laptops to aircraft engines.
The difference between a deductible repair and a non-deductible improvement to "tangible property" has historically been a point of frequent dispute between the IRS and companies. In more than 220 pages, the IRS has now finalized rules effective Jan. 1, 2014, making more costs deductible, including for instance, new laptop computers worth less than $5,000.
July 1- All 12 Atlantic City casinos took the first step to secure Internet gaming permits ahead of a Sunday deadline set by New Jersey regulators, who are preparing for the start of statewide online poker and other gaming targeted for a November start.
The Shanghai Index fell 3.7 percent as China gets serious about reining in the property sector, ordering a stricter enforcement of sales taxes.
New Jersey became the second state to approve online gambling, with Gov. Chris Christie approving a bill this week. This stocks may benefit.
Forty eight hours from the sequester, and markets are calm.
Take a look at some of Tuesday's midday movers:
Guests at one New Jersey casino will be the first in the U.S. to place bets with the click of their television remote controls.
Take a look at some of Friday's midday movers:
Oct 11- Fitch Ratings has affirmed MGM Resorts International's. Fitch also affirms all of MGM's and MGM Grand Paradise's transaction ratings, which are listed at the end of the release. The above considerations should improve MGM's credit profile in terms of liquidity, FCF and leverage to be more consistent with a' B' IDR over the next several quarters.
Check out which companies are making headlines after-the-bell Wednesday:
While many companies are stripping away some of the costly perks bestowed on CEOs, one remains a staple of many executive compensation packages: the country club membership.
Cramer makes the call on viewers' favorite stocks.