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New Jersey Online Gambling Goes Live November 26
IT'S OFFICIAL - NEW JERSEY ONLINE GAMING GOES LIVE ON NOVEMBER 26
New Jersey Gaming Enforcement Division says "soft" action for invited players can start Nov. 21st to test systems
After months of conjecture on whether New Jersey regulators will be ready to push the go button on New Jersey internet gambling on November 26, the state Gaming Enforcement Division confirmed Friday that it's prepared, and that licensed operators will be able to start up for invited guests only in a five day soft launch to test systems on November 21, followed by a full launch on November 26 if all goes well.
A Division spokesman told the Associated Press news agency that gamblers would have to be physically located within New Jersey's boundaries to play.
The news was greeted with enthusiasm by Atlantic City operators, most of whom have entered into partnership agreements with experienced online gambling firms.
"I think this is going to be a significant revenue stream," said Robert Griffin, CEO of Trump Entertainment Resorts. "It has the potential to make up 20 percent of our revenue."
Griffin said details were awaited from the regulator on how the soft-launch guests are to be chosen, but opined that it would have to be a significant number to make tests credible.
Atlantic City's casino revenue has plunged from a high of $5.2 billion in 2006 to a little more than $3 billion last year and could dip below that mark by the end of this year, AP reports, adding that thousands of jobs in the land casino sector have been lost due to competition from neighbouring states like Pennsylvania, New York, and Maryland.
The Gaming Enforcement Division spokesman confirmed that New Jersey online gambling regulations will come into force on October 21.
Nine of the city's 12 casinos have acknowledged lining up partners for Internet gambling, and a 10th is widely rumoured to have selected a partner.
Leading European internet gambling companies are partnering with some Atlantic City casinos in the new wave of gambling, including:
* Gamesys-JackpotJoy.com with Tropicana Casino and Resort has joined with Gamesys Limited, which runs the jackpotjoy.com
* Caesars Entertainment's four casinos with 888 Holdings.
* Bwin.Party Digital Entertainment with the Borgata
* Pokerstars with Resorts Casino.
* US online gambling firm Ultimate Gaming with the Taj Mahal,
* Betfair and Trump Plaza (still to be confirmed).
* Golden Nugget with US company Bally Technologies.
Gambling News :
MLB Odds: Yankees vs. Jays at Rogers Centre -
The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.
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The ACR MOSS kicks off this Sunday, August 13th at 1:00pm ET. If you’re new to the MOSS, it’s the Mini Online Super Series and the first part of our $6,700,000 GTD OSS Cub3d series.
New Microgaming HQ Opens -
Microgaming’s new purpose built HQ on the Isle of Man, adjacent to its existing office, officially opened on 31 July 2017.
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PartyPoker Lobby and Table Update -
Partypoker releases first phase lobby and table upgrade for an improved player experience. Player feedback influences new darker colour scheme of partypoker client
Bitstarz Launches SlotWars -
BitStarz - the home of thrilling casino tournaments just launched Slot Battles with 48 battle rounds being played every day!
MLB Odds: Yankees-Jays at Rogers Centre -
At 52-59, the Toronto Blue Jays need a win this Tuesday (7:07 PM ET, SNET) when they host the 59-51 New York Yankees in their series opener. JA Happ is scheduled to start for Toronto against fellow southpaw CC Sabathia, who owns a team record of 2-1 versus the Jays.
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