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Atlantic City Casinos all Want Internet Gambling
Tuesday June 2,2013 : ATLANTIC CITY CASINOS ALL WANT IN ON INTERNET GAMBLING
All twelve land casino operators apply for licensing
All twelve of Atlantic City's land casino operators have applied for licensing under the New Jersey regulatory and licensing system, which required potential licensees to declare partnerships and submit applications by the end-June deadline.
New Jersey officials have indicated that they are working towards an implementation date of mid to late November this year.
The Borgata, co-owned by Boyd Gaming and MGM Resorts, along with Caesars Entertainment were among the casino operators who notified state regulators of their plans to partner with Internet gaming providers, says Lisa Spengler, a spokeswoman for New Jersey's Division of Gaming Enforcement (DGE).
"For applicants that meet this filing deadline, the Division will be in a position to determine if they can commence Internet gaming operations by the go-live date," Spengler told the Reuters news agency.
Earlier this year New Jersey governor Chris Christie signed into law legislation permitting the regulation and licensing of online gambling in the state, following similar moves in Delaware and Nevada.
The regulations require operators to have servers based in Atlantic City, a populous state that makes it a tempting prospect for internet gambling companies interested in partnering with Atlantic City operators, or like-minded states seeking a bigger player pool.
Analysts project New Jersey's online gambling market has the potential to generate $500 million to $1 billion in revenues yearly.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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