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☆ Sports Gambling Was a Gateway Drug to Online Gambling and the Lottery
▼ + stars: | 2024-03-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

As the prevalence of online betting grows, there's plenty of revenue to be had. The more people gamble — and the more culturally acceptable gambling becomes — the more possibility gambling addiction becomes a bigger issue. Of course, as fun as sports gambling is — as is gambling in general — it has some serious downsides for society. According to the National Council on Problem Gambling, 2 million Americans have a severe gambling problem, and another 4 million to 6 million a mild or moderate problem. The more people gamble — and the more culturally acceptable gambling becomes — the more possibility gambling addiction becomes a bigger issue.

Persons: Lia Nower, DraftKings, Jason Robins, iGaming, Robins, DraftKings isn't, —, West Virginia —, Chad Beynon, Benyon, they're, Nower, Chris Grove, Grove, There's, let's, I've, legalizes iGaming, Emily Stewart Organizations: Knicks, Sports, Disney, American Gaming Association, NBA, NFL, Center for Gambling Studies, Rutgers University, Golden Nugget, Caesars, MGM, Macquarie, Companies, Atlantic City, Acies Investments, EKG Ventures, Vegas, National Council, Business Locations: Washington, Boston, Dublin, — New Jersey , Connecticut, Delaware , Michigan, Rhode Island , Pennsylvania, West Virginia, New York, Atlantic, New Jersey, Jackpocket, America

LOS ANGELES (AP) — New Jersey came to the West Coast to kick off Grammy Awards weekend, with native sons Jon Bon Jovi and Bruce Springsteen teaming up. Bon Jovi hailed Springsteen as “my hero, my friend, my mentor” to a crowd of 2,000 at the Los Angeles Convention Center. Instead of performing at the end of the evening as is traditional for the honoree, Bon Jovi got the nearly three-hour show going. Comedian Jim Gaffigan hosted and relentlessly mocked Bon Jovi for his big hair and penchant for wearing short-shorts in the 1980s. “Livin' On a Prayer” became an all-star finale, with Bon Jovi joined onstage by the other performers for a singalong.

Persons: Jon Bon Jovi, Bruce Springsteen, Bon Jovi, Springsteen, ”, Jovi, Dorothea, Paul McCartney, Nancy, Robert Kraft, Rita Wilson, Adele, “, he’d, ” Melissa Etheridge, Larkin Poe, Jelly Roll, Lainey Wilson, ” Pat Monahan, Shania Twain, Jason Isbell, Damiano David of Måneskin, Van Halen, Sammy Hager, Orianthi, Wolfgang Van Halen, ” Brandy Clark, Jim Gaffigan, Gaffigan, Jack Daniels, “ Livin, Kraft, I’ve Organizations: ANGELES, —, Los Angeles Convention, New England Patriots, “, Treaty, Sunday, Food Bank, Foundation, District of Columbia Locations: — New Jersey, West, New Jersey

RALEIGH, N.C. (AP) — New Jersey Devils coach Lindy Ruff was struck in the face by a puck Thursday night and wasn’t behind the bench for the third period of his team's 3-2 loss to the Carolina Hurricanes. “Just wasn’t feeling right, but seems a little better right now than he was after the second, so that was great to see,” Devils associate coach Travis Green said after the game. Ruff, who turns 64 next month, was hit with about 6 1/2 minutes remaining in the second period, but was tended to and remained behind the bench after a brief break. The latter goal came with 2.3 seconds remaining, with the Devils using an extra attacker. Devils goalie Nico Daws was pulled after Carolina’s third goal early in the second period.

Persons: Lindy Ruff, “, Travis Green, Ruff, didn’t, ” Green, Justin Dowling, Jesper Bratt, Nico Daws, Vitek Vanecek, ___ Organizations: —, — New Jersey Devils, Carolina Hurricanes, Devils, NHL, ., Carolina Locations: RALEIGH, N.C, — New, . New Jersey

The casino sued and defeated an attempt by the insurers to dismiss the case. The high court agreed to take the case in order to resolve the legal question of what constituted loss or damage. “Based on the plain terms of the policies, we conclude that in order to show a ‘direct physical loss’ of its property or ‘direct physical . It concluded that the casino's pleadings “do not support a finding that it is entitled to insurance coverage.”The casino declined comment Wednesday. He said 14 state Supreme Courts around the nation have held that the mere interruption of business activity during the pandemic does not constitute physical losses.

Persons: Stephen Orlofsky, David Roth, Phil Murphy, Wayne Parry Organizations: CITY, AIG Specialty Insurance, Insurance, Co, Ocean, American, Democratic Gov Locations: N.J, Atlantic City, California, Los Angeles, Pennsylvania, New Jersey, www.twitter.com

But only half that money came from the casinos' core business: money won on their physical premises. Collectively, the casinos surpassed 2019 levels with $2.8 billion won from in-person gamblers, but that was accomplished largely on the strength of the three newest casinos. Hard Rock won $512 million, up 4.1%, and Ocean won nearly $415 million, up 16.3%. Harrah's won $254 million in person, down 1.5%; Tropicana won $240 million, down 3.3%; Caesars won $231 million, down 1.7%; Resorts won $163 million, down 2.3%; Bally's won $155 million, up less than 1%, and Golden Nugget won $146 million, down 1.8%. Among internet-only entities, Resorts Digital won $822 million, up 50.4%, and Caesars Interactive Entertainment NJ won $90 million, down 20.7%.

Persons: Money, Ocean —, James Plousis, Jane Bokunewicz, Lloyd Levenson, ”, Borgata, Harrah's, Bally's, Wayne Parry Organizations: CITY, Atlantic, New, New Jersey Division of Gaming Enforcement, Ocean, New Jersey Casino Control Commission, Atlantic City, Stockton University, Sports, Tropicana, Caesars, Resorts, Golden Nugget, Resorts Digital, Caesars Interactive Entertainment Locations: N.J, New Jersey, Atlantic City, www.twitter.com

TRENTON, N.J. (AP) — New Jersey first lady Tammy Murphy on Wednesday launched a bid for the Democratic nomination for U.S. Senate in next year's contest. A Virginia native, and University of Virginia graduate, Tammy Murphy worked in finance at Goldman Sachs alongside Phil Murphy before the couple settled in New Jersey. A former Republican, Tammy Murphy has spoken about growing up in a GOP-leaning area of Virginia and has previously donated to that party. The suit alleges that Tammy Murphy denied a trooper the use of a carriage house on Murphy's property to pump breast milk. Menendez's indictment led to a collapse of Democratic support in the state for him.

Persons: Tammy Murphy, Andy Kim, Democratic U.S . Sen, Bob Menendez, ”, Murphy, Phil Murphy, Goldman Sachs, ” Menendez, Nadine Menendez, He's, hasn't, he'll, he's, Jon Corzine's, Menendez, Kim Organizations: —, Wednesday, Democratic, U.S, Senate, Democratic U.S ., Democratic Gov, University of Virginia, Goldman, New, New Jersey Council, Republican, Prosecutors Locations: TRENTON, N.J, — New Jersey, New Jersey, Virginia, Jersey, Egypt

TRENTON, N.J. (AP) — New Jersey's Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for policyholders nationwide regarding the scope of coverage for pandemic-related losses. Three insurers — AIG Specialty Insurance Co., American Guarantee & Liability Insurance Co. and Interstate Fire & Casualty Co. — largely denied coverage to the casino, saying it did not suffer direct physical loss or damage because of the virus. Last year, the Supreme Court agreed to resolve some questions regarding the case. United Policyholders, an advocacy group for insurance customers, urges the justices in a friend-of-the-court brief to rule in favor of the casino. “The ruling sought by the (insurers) here would curtail coverage for millions of New Jersey policyholders,” it wrote.

Persons: —, Phil Murphy, United, Wayne Parry Organizations: Atlantic, AIG Specialty Insurance, Insurance, New Jersey policyholders, Supreme, New, New Jersey Gov Locations: TRENTON, N.J, Atlantic City, California, Los Angeles, Pennsylvania, New Jersey, www.twitter.com

☆ New Jersey Gov. Murphy, Assembly speaker call on Sen. Bob Menendez to resign
▼ + stars: | 2023-09-22 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +5 min

Phil Murphy, the state's General Assembly speaker and the Democratic State Committee chairman all called on U.S. Sen. Bob Menendez to resign Friday after their fellow Democrat was indicted on federal bribery charges. "The allegations in the indictment against Senator Menendez and four other defendants are deeply disturbing," Murphy said about Menendez, the state's senior senator. "The alleged facts are so serious that they compromise the ability of Senator Menendez to effectively represent the people of our state. Assembly Speaker Craig Coughlin said, "The charges laid out against Senator Menendez today go against everything we should believe as public servants. Two New Jersey Democrats in Congress, U.S. Reps. Andy Kim and Mikie Sherrill, also called on Menendez to resign.

Persons: Phil Murphy, Sen, Bob Menendez, Menendez, Murphy, Craig Coughlin, Coughlin, LeRoy Jones, Jr, Jones, Andy Kim, Mikie Sherrill, I've, Nadine Menendez, Chuck Schumer, Cory Booker, Kim, Sherrill, Matthew Platkin, Platkin Organizations: WASHINGTON — New, WASHINGTON — New Jersey Gov, Democratic, New, New Jersey Democrats, Reps, Prosecutors, U.S, New York Democrat, Senate, Democrats, U.S . Senate, Sherrill . New, Southern Locations: WASHINGTON —, WASHINGTON — New Jersey, New Jersey, America, Jersey, New York, Sherrill ., Sherrill . New Jersey

Meanwhile, two indoor farming companies that attracted strong startup money — New Jersey's AeroFarms and Kentucky's AppHarvest — filed for bankruptcy reorganization. Advocates say growing indoors uses less water and land and allows food to be grown closer to consumers, saving on transport. Tom Kimmerer, a plant physiologist who taught at the University of Kentucky, has tracked indoor farming alongside his research into the growth of plants both outdoors and inside. He said some companies may be struggling to scale up, with problems that come from launching in spaces that aren't necessarily built specifically for indoor farming. Several of the companies say they're on the right track.

Persons: AppHarvest —, Jacob Portillo, Eden Green, that’s, ”, It's, they’re, Tom Kimmerer, “, Kimmerer, Hannah Burrack, you’re, ” Burrack, Evan Lucas, he's, Lucas, Eden, Eddy Badrina, Arama Kukutai, Matt Ryan, Curt Covington, isn't, “ It's, ” Covington, ___ Walling, Joshua A, Bickel, ___, Melina Walling Organizations: Eden Green Technology, Kroger, University of Kentucky, Michigan State University, Northern Michigan University, Eden Green, Walmart, AgAmerica, Associated Press, AP Locations: CLEBURNE, Texas, Dallas, Eden, Cleburne, California, Detroit, Elmwood, Farm, Lexington , Kentucky, Plenty, Chicago, Georgetown , Kentucky, Georgetown, ___

☆ Walmart will stop providing single-use plastic and paper bags in New York and Colorado in January, accelerating its sustainability push – but creating a new task for customers.
▼ + stars: | 2022-12-28 | by ( Ben Tobin | ) www.businessinsider.com time to read: +4 min

The single-use bag policy will go into effect on New Year's Day in Colorado and Jan. 18 in New York. In the states in which Walmart has or will be eliminating single-use bags, legislatures have already passed laws that ban single-use plastic bags and require retailers to charge a fee for, or outright ban, single-use paper bags. It's unclear if that includes eliminating single-use plastic bags at all stores. A Walmart spokesperson did not respond to questions on that goal and if Walmart would ban single-use bags in any other states in 2023. Do you live in Maine, Vermont, New Jersey, Colorado, or New York and have thoughts on Walmart's ban of single-use bags?

LDC is a nonprofit, nonpartisan group focused on reshaping perceptions of U.S. Latinos through data and economic research. In 2020, Latino consumption was measured at $1.84 trillion. Three-quarters of the Latino population were concentrated in just 10 states in 2020: Arizona, California, Colorado, Florida, Georgia, Illinois, New Jersey, New York, North Carolina and Texas. According to the report, Latino growth staved off a decline in the population and labor force in three states — New Jersey, New York and Illinois — from 2010 to 2018. As a result, Latino real GDP contracted a small amount in 2020, by 0.8% compared to 4.4% for non-Latinos.

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