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More Companies Approved for NJ Online Gambling

N.J. REGULATOR APPROVES ANOTHER BATCH OF ONLINE GAMBLING LICENSEES
 
And although Pokerstars is not among them, hopes still remain.
 
The New Jersey Casino Control Commission issued another batch of online gambling approvals Wednesday, with two major companies standing out for different reasons - Caesars Interactive Entertainment was given the nod, but Pokerstars parent Rational Group was not.
 
Caesars Interactive Entertainment is a subsidiary of Caesars Entertainment, which owns four properties in Atlantic City, and two of those -  Caesars and Bally's - were green-lighted after CEO Mitch Garber was given something of a grilling over his former involvement with European online gambling companies.
 
Backed by New Jersey deputy attorney Jack Adams, who said a probe by the state Division of Gaming Enforcement confirmed Garber's argument, the former Party Gaming chief executive said that he had followed legal advice on the firm's US activities to the letter, and immediately ceased US operations  when the UIGEA was passed in 2006.
 
CIE is partnering with 888 for its technology on its WSOP.com poker offering, whilst its online casino endeavour will be powered by Amaya Gaming.
 
Hope has not been abandoned in regard to the omission of the Rational Group and its partner Resorts Casino from Wednesday's list; the company's director of communications, Eric Holreiser, issued a Twitter statement that said:
 
"Our conversations with NJ DGE are continuing, however it is now apparent that we will not have approval in place to launch on Nov. 26. We remain committed to working with the Division to complete the review process."
 
And New Jersey's director of gaming enforcement, David Rebuck, told the Press of Atlantic City that the Resorts-Rational application was still under review.
 
Although another three companies were added to the long list of supporting service companies that has already been approved, it was the principal gambling operational companies and technology firms providing software and expertise that attracted most attention.
 
Internet Gaming Permits were issued to Caesars and Bally's, leaving only Resorts, Revel and the bankrupt Atlantic Club as the only Atlantic City land casinos not granted the go-ahead for New Jersey online gambling.
 
Those authorised to commence operations in the soft launch period starting today  are:
 
Bally's and 888
Tropicana and Gamesys
Caesars -888 - Amaya Gaming
Trump Taj Mahal and Ultimate Gaming.
Golden Nugget - Bally Technologies - Amaya.
Borgata - Bwin.party - Amaya Gaming.
Trump Plaza - Betfair - GameAccount - Amaya Gaming
 
Other internet companies with experience and technology that have successfully applied for New Jersey licensing but have yet to conclude partnership deals with Atlantic City land casinos (a mandatory requirement for a New Jersey online gambling license to go operational) include:
 
Betable
Evolution Gaming (a live dealer operation)
WMS-Scientific Games subsidiary William Interactive
Genesis Gaming
Rush Street Interactive.
Pala Interactive - a California firm lead by former Bwin co-CEO Jim Ryan
Scientific Games International.
Paddy Power
 
Patrick Kennedy, CEO of the latter company, headquartered in Ireland, had some interesting views on the New Jersey gambling market, confirming to investors Thursday that the company has been successful in its application, but that he had concerns regarding the market.
 
“We see a fragmented poker liquidity - at least five separate pools of liquidity,” Kennedy said. “We see a highly competitive B2C landscape, and a lot of strong US brands launching.”
 
Kennedy is also worried about the continued presence of gray market operators that he feels may hamper the regulated launch, citing “less restrictions … than we would have liked ideally.”
 
That said, Paddy Power will continue to explore possibilities in the US, Kennedy said, adding that the market has the potential to become a valuable source of revenues for the company.
 
Paddy Power has also been successful is achieving approval for intrastate online poker in Nevada, but it has not thus far translated this into operational activity in the state.



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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