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First New Jersey Online Gambling License Issued
Thursday October 10,2013 : FIRST NEW JERSEY ONLINE GAMBLING LICENSE ISSUED
MGM-Boyd's Borgata gets the historic nod.
New Jersey regulators took another bold step into an intrastate online gambling future Wednesday with the issue of the first online gambling license to the Borgata Hotel Casino and Spa, giving the company the green light to launch the new gambling genre once the regulations come into force on November 26.
The state Division of Gaming Enforcement said the casino was the first to file a complete application to offer online gambling, which will begin with a five day trial period on November 21.
Borgata president Tom Ballance said the award illustrates his company’s commitment to take a leading role in Internet gambling, partnered by the highly experienced European online gambling group Bwin.Party Digital Entertainment.
“It’s always nice to be first in the queue,” Balance told the Associated Press news agency. “Borgata and bwin.party are aggressively pursuing our objective of being among the first to launch online gaming in the state. We believe online gaming is an exciting growth opportunity for New Jersey’s gaming industry, one that will generate significant benefits for the state as New Jersey assumes a leadership role in this emerging form of gaming entertainment.”
Balance said that all table and slots games available in the land casinos will be available online once full play starts. Gamblers will have to be physically located within New Jersey’s boundaries to play.
AP reports that the Borgata consistently leads Atlantic City’s 12 land casinos in terms of monthly and annual gambling revenue, and has been the dominant casino in the gambling enclave since shortly after it opened 10 years ago.
In related news, media reports from New Jersey note that a recommendation from online poker operators that the New Jersey regulator permit person-to-person financial transfers through online poker-room accounts has been rejected by the regulator, despite the fact that such transfers are common in the internet gambling industry where players want to stake each other or settle bets.
The New Jersey Division of Gaming Enforcement cited concerns over money laundering and collusion among its objections to the practice.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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