Monthly Archives: January 2014

51,000 Players Have Registered Accounts In New York

51,000 players have registered an online betting account within New Jersey since the full launch of legal online gambling in New Jersey. The source of this information is the reliable Associated Press, never have the Associated Press released false news information.

Thanksgiving which was only a couple of weeks ago was a marking point for New Jersey, by that time the Garden State had gained 37,000 player registrations. Since the weekend of Thanksgiving there has been fourteen thousand accounts registered at the variety of online casinos available within the state.

The first financial updates will be released by New Jersey in early of January 2014. Until those financial updates are released we won’t be able to truly tell the true performance or money gained from the Full Launch. We do expect numbers to be high for the State and continue to grow as time goes on.

There are six online casinos located in Atlantic City that is offering their betting services to the citizens of New Jersey. These casinos include the Borgata Hotel Casino & Spa, Trump Plaza Hotel and Casino, The Tropicana Casino and Resort, Bally’s Atlantic City and more. The Golden Nugget has delayed their launch into the New Jersey due to a number of issues that came up during the soft launch.

44Wager Defendant Pleads Guilty To US Federal Court

Yet another defendant has been connected to the 44Wager Sportsbetting case. This defendant plead guilty to his charges in the US District Court. As of right now there have been twenty people arrested due to the 44Wager Sportsbetting case.

Craig Caffro, age 48 has plead guilty to him money laundering and operating an illegal gambling ring in the US District Federal Court Room. This is the latest plea is the case and the case has seen the majority of those convicted pleading to their crimes.

Mr. Caffro made a deal with the US District Court, Caffro had to fork up fifty thousand dollars that he earned from the illegal gambling ring. Mr. Caffro is thought to be the gambling rings bookmaker which is why he plead guilty to his charges. 44Wager has now been closed due to its known criminal activity.

Mr. Caffro is to be sentenced on February 26th, 2014. It is suspected that he will also have to spend some time in a federal prison for his actions. 20 Defendants have now plead guilty and all together they have had to pay back $1.5 Million of the $1.7 Million they all earned while the gambling ring was still active.

The amount of time that the defendant will get sentenced will be determined at sentencing.