{"id":90845,"date":"2018-10-18T17:00:23","date_gmt":"2018-10-19T00:00:23","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=90845"},"modified":"2018-10-18T16:40:49","modified_gmt":"2018-10-18T23:40:49","slug":"sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/","title":{"rendered":"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban in New Jersey"},"content":{"rendered":"

Pennsylvania\u2019s SugarHouse casino is bailing on its New Jersey sports betting partner, the Golden Nugget, because the Nugget is forbidden from offering NBA betting under New Jersey gambling laws.<\/p>\n

\"NBA
Tillman Fertitta\u2019s ownership of the Houston Rockets prohibits his Golden Nugget Casino in Atlantic City from offering bets on the entire NBA under New Jersey gambling laws. (Image: Sports Illustrated)<\/figcaption><\/figure>\n

As an out-of-state company, SugarHouse parent Rush Street Gaming was required to team up with an Atlantic City land-based casino license-holder to enter the New Jersey online casino and sports betting market with its PlaySugarHouse.com brand.<\/p>\n

But less than two months after launching online sports betting<\/a> in the Garden State, Rush Street has apparently had enough of trading at a disadvantage, and now plans to hop into bed with the Meadowlands Racetrack instead, according to eGaming Review.<\/em><\/p>\n

Using figures from Nevada as a model, NBA betting will account for around 15 percent of sports betting handle in the newly regulated US markets.<\/p>\n

Rockets Block Sports Betting<\/strong><\/h2>\n

The Nugget is prohibited from setting lines on the NBA because its owner, Tilman Fertitta, also happens to own the Houston Rockets.<\/p>\n

\n

New Jersey\u2019s sports betting rules include an integrity provision that precludes owners of professional sports teams from sports betting licensing — although the state tailored its rules to ensure Caesars and MGM Resorts could enter the market.<\/p>\n<\/div>\n

MGM owns the WNBA\u2019s Las Vegas Aces, but earns a carveout because the team generates less than one percent of the group’s total revenue.<\/p>\n

Meanwhile, Philadelphia 76ers owner Joshua Harris is the founder of Apollo Global Management, which — along with TPG Capital Management — is the principal shareholder in Caesars Entertainment, via a jointly owned company called Hamlet Holdings.<\/p>\n

But because Harris\u2019 own personal equity in Caesars is less than 10 percent, he\u2019s in the clear — although that would not have been the case prior to Caesars\u2019 recent chapter 11 bankruptcy reorganization.<\/p>\n

Proposed Caesars Deal Could Force Change<\/strong><\/h2>\n

The Golden Nugget recently said it \u201chopes to persuade lawmakers over time that the total NBA ban is unnecessary and should be limited simply to the Houston Rockets team owned by Mr. Fertitta\u201d.<\/p>\n

But reports this week<\/a> that Fertitta has approached Caesars with a reverse merger proposal creates a completely new dynamic. Sources who spoke to Bloomberg<\/em> claim the proposed deal would install Fertitta as chairman, CEO, and principal shareholder of a combined company.<\/p>\n

If the deal came to fruition, it would exclude Caesars from sports betting under current New Jersey laws, as well as\u00a0 the Golden Nugget, which might be enough to force state regulators to reconsider their position.<\/p>\n

A combined Caesars Entertainment and Golden Nugget Casinos group would own a third of New Jersey\u2019s casino market, and its existing sports betting laws would strangle a sector the state spent seven years and millions of dollars fighting to establish.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pennsylvania\u2019s SugarHouse casino is bailing on its New Jersey sports betting partner, the Golden Nugget, because the Nugget is forbidden from offering NBA betting under New Jersey gambling laws. As an out-of-state company, SugarHouse parent Rush Street Gaming was required to team up with an Atlantic City land-based casino license-holder to enter the New Jersey […]<\/p>\n","protected":false},"author":36,"featured_media":90849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,16,1074],"tags":[],"acf":[],"yoast_head":"\nSugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban<\/title>\n<meta name=\"description\" content=\"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban\" \/>\n<meta property=\"og:description\" content=\"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-19T00:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-18T23:40:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"724\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/\",\"url\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/\",\"name\":\"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg\",\"datePublished\":\"2018-10-19T00:00:23+00:00\",\"dateModified\":\"2018-10-18T23:40:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg\",\"width\":1300,\"height\":724,\"caption\":\"Tillman Fertitta\u2019s ownership of the Houston Rockets prohibits his Golden Nugget Casino in Atlantic City from offering bets on the entire NBA under New Jersey gambling laws. (Image: Sports Illustrated)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban in New Jersey\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\",\"name\":\"Philip Conneller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"caption\":\"Philip Conneller\"},\"description\":\"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/philip-conneller\",\"https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk\",\"https:\/\/x.com\/casinoorgphilc\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban","description":"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban","og_description":"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.","og_url":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-10-19T00:00:23+00:00","article_modified_time":"2018-10-18T23:40:49+00:00","og_image":[{"width":1300,"height":724,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg","type":"image\/jpeg"}],"author":"Philip Conneller","twitter_card":"summary_large_image","twitter_creator":"@casinoorgphilc","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Philip Conneller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/","url":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/","name":"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg","datePublished":"2018-10-19T00:00:23+00:00","dateModified":"2018-10-18T23:40:49+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b"},"description":"Rush Street Gaming\u2019s SugarHouse Casino will partner with the Meadowlands Racetrack in New Jersey, after quitting Golden Nugget over Houston Rockets NBA sports betting restriction.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/rockets.jpg","width":1300,"height":724,"caption":"Tillman Fertitta\u2019s ownership of the Houston Rockets prohibits his Golden Nugget Casino in Atlantic City from offering bets on the entire NBA under New Jersey gambling laws. (Image: Sports Illustrated)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/sugarhouse-casino-drops-golden-nugget-over-nba-sports-betting-ban\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban in New Jersey"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b","name":"Philip Conneller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","caption":"Philip Conneller"},"description":"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.","sameAs":["https:\/\/muckrack.com\/philip-conneller","https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk","https:\/\/x.com\/casinoorgphilc"],"url":"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/90845"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=90845"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/90845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/90849"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=90845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=90845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=90845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}