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Good Turn Out For New Jersey Online Gambling
Thursday November 28 ,2013 : GOOD TURNOUT FOR NEW JERSEY GAMBLING TRIAL PERIOD
17,000 locals wagered in five day start-up.
David Rebuck, the director of the New Jersey Division of Gaming Enforcement, revealed the results of his staff's monitoring on the five-day soft launch of online gambling in the Garden State Wednesday, noting that 17,000 in-state punters wagered over the Internet.
Rebuck says the bets were made during restricted hours of play between Thursday and Monday last week.
He told the Associated Press news agency that during the test period, the Atlantic City casinos operating the internet gambling sites added over 3,000 new users each day.
The head of geolocation company GeoComply, Anna Sainsbury, confirmed the good turnout, saying:
"It looks like people are keen to play. I think the launch of i-gaming in New Jersey has been a huge success."
Interestingly, officials revealed that the geolocation companies stopped a significant number of would-be punters trying to register from other states in the United States as well as international locations such as Portugal, Ghana, India and Canada, illustrating that geolocation is a viable technology.
Wall Street ratings agencies say Internet gambling in New Jersey should bring in between $200 million to $500 million in its first year - substantially lower than earlier state government estimates of $1.2 billion.
AP reported that Moody's Investors Service pegged first-year Internet gambling revenue at $200 million to $500 million, while Fitch Ratings offered a more modest forecast of $200 million to $300 million the first year.
Rebuck said his staff continues to work with the Golden Nugget Atlantic City, which decided it was not ready to begin unlimited Internet gambling with the other six approved casinos on Monday ).
The director said he expects the casino to resolve its issues sometime next week.
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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