Feb 28 Moody's Investors Service on Thursday said legalization of Internet gaming in New Jersey is credit positive for the Atlantic City casino industry.
Moody's said licenses to offer Internet gaming will be limited to Atlantic City's existing casino operators and their partners, and it will attract more players to the city.
The law also allows New Jersey Division of Gaming Enforcement "to reach agreements with other states to expand the pool of players," Moody's said.
UPDATE 1-New York, New Jersey 10-yr transport plan could include rail tunnel
Jersey City, N.J., Dec 8 The Port Authority of New York and New Jersey said for the first time on Thursday its next 10-year capital plan may include $2.7 billion for Amtrak's Gateway rail tunnel project underneath the Hudson River.
Annuity provider Athene's IPO priced in line with expectations
Dec 8 Fixed annuity service provider Athene Holding Ltd said its initial public offering of 27 million class A shares raised $1.1 billion after the offering was priced in the mid-point of its expected range, valuing the company at about $7.41 billion.