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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.
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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 -
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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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