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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.
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.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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