N.J. ups stakes on gambling

Investor's Business Daily

The state will allow Internet gambling starting Nov. 26, following a five-day trial period. Online gambling is expected to grow to a $7.4 bil business in the U.S. by 2017. N.J.'s legalization of online gambling follows similar moves in Nev. and Del. Caesars Entertainment (CZR), the top casino operator in Atlantic City, N.J., and Bally Technologies (BYI), whose platform is being used by casinos, are expected to benefit. Caesars gained 4%. Bally fell 1%.

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