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Partners For New Jersey Online Poker
Saturday June 15,2013 : CHOOSE YOUR PARTNERS FOR THE NEW JERSEY POKER
June 29 deadline set for companies to declare their online gambling partnerships
With one eye on a speculative launch date of mid to late November for New Jersey online gambling, the New Jersey Division of Gaming Enforcement created a flurry of industry interest this week with an announcement that licensees must have any partnerships envisaged notified by June 29 2013.
Operators who fail to declare their partnerships could risk missing the implementation date, falling behind competitors in the new market.
The deadline will be of particular interest to non-US online gambling companies seeking a bridgehead in New Jersey through partnership deals with Atlantic City land casino operators. Licensing will be restricted to such entities, including partnerships with experienced internet gambling companies they may have formed or are considering.
The need for a deadline is to allow the DGE sufficient time to thoroughly vet prospective partners. Successful partnerships will probably be publicised sometime in July, according to some sources.
Some European online gambling groups already have a foot in the door, with Bwin.Party Digital Entertainment most notably forging a deal with the Borgata.
Given the widespread appeal of the New Jersey market (the state has a large population, and the legalisation initiatives there have gone beyond online poker to embrace casino gaming as well) partnerships are likely to be in demand.
It's a potentially positive development for Atlantic City operators, who have been struggling with falling attendances and revenues for years due to the recession and competition from neighbouring states.
InfoPowa readers will recall that The Rational Group - parent to Pokerstars and Full Tilt Poker - made an abortive attempt to take another route into the New Jersey market by trying to acquire the Atlantic Club land casino in AC earlier this year - an expensive venture that ran out of time and ended in tears and recriminations.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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