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Betfair will be permitted to continue operating online in New Jersey
Saturday September 6 2014 : BETFAIR CLEARED FOR CONTINUED NEW JERSEY OPERATION
Online gambling company will be OK despite future Trump Plaza closure.
Online gambling group Betfair will be permitted to continue operating online in New Jersey when its partner, Trump Plaza, shuts down later this month, says the New Jersey Division of Gaming Enforcement.
Bloomberg business news reports that the DGE has signed an order allowing the company to continue operating its online casino while its land-based partner winds down on September 16.
“The division will consider input from all involved parties to ensure a smooth transition as Trump Plaza winds down its operations and as Betfair continues its Igaming operations in the state,” David Rebuck, director of New Jersey’s Division of Gaming Enforcement, told the news agency.
New Jersey regulations require online gambling operations to be licensed under an Atlantic City land operator, an arrangement which has seen AC land casinos partnered up with experienced European online gambling operators like Betfair.
Presumably Betfair will be searching for a replacement partner, although the DGE does not appear to have put a time limit on how long it can operate as a special case without a land operator as a partner.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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