NJ sports betting remains national model
When New York launched mobile betting back in January, a lot of analysts and experts expected New Jersey to see a pretty significant decline. But the evidence suggests that New Jersey continues to hold its own, with its sportsbooks breaking the $1 billion mark in six handles over the last seven months. To date, that is […]
ReNew Jersey summit tackled its economy
The 2022 New Jersey Chamber of Commerce ReNew Jersey Business Summit & Expo held April 13-14 in Atlantic City provided an excellent forum to learn about the state’s economy, ask questions and provide excellent recommendations. The summit opened discussion on ways to ignite New Jersey’s economy with a focus on financial incentives for business, making […]
Judge rules in county’s favor in request for PILOT law reconsideration
A Superior Court judge on Monday upheld a previous judge’s ruling that changes to a payments-in-lieu-of-taxes law for Atlantic City’s casinos violated a 2018 court settlement with Atlantic County. Superior Court Judge Michael J. Blee denied the state’s request for reconsideration in his ruling, siding in favor of Atlantic County officials, who’d sued the state […]
Spirit still prefers bid from Frontier Airlines over JetBlue
Spirit Airlines said Monday it still supports Frontier Airlines’ $2.9 billion takeover bid for the airline, saying it was more likely to win regulatory approval than JetBlue’s competing $3.6 billion offer. Spirit said antitrust regulators are unlikely to approve JetBlue’s offer because of JetBlue’s alliance with American Airlines in the Northeast, a deal that the […]