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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 :
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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