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Atlantic City online gaming shares up

Posted: Mar. 6th, 2013 | By Michael Pearse

Our world as we know has become more and more accustomed to using the Internet for absolutely everything. Well now that is also true for online gambling or at least in New Jersey is. Atlantic City has begun to sell share to their future online gambling sites.

(Reuters) - The legalization of online gambling in New Jersey gave a boost to shares of Caesars Entertainment Corp and Boyd Gaming Corp, on expectations that this will revive business in Atlantic City, the second-biggest U.S. gaming destination.

The companies, which together account for more than 60 percent of Atlantic City's gaming revenue, would benefit from new gaming rules that give preference to existing New Jersey casino operators in issuing online gaming licenses.

Read More on reuters.com

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Best Atlantic City Hotel Rates

Trump Plaza

Book now and save! from 57.85 USD *

Trump Taj Mahal

Book now and save! from 67.60 USD *

Golden Nugget

from 89.10 USD *

The Chelsea

from 99.00 USD *

Caesars Atlantic City

from 158.00 USD *

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* Lowest nightly rate based on select dates. Please click on hotel for details.

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