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Resorts Casino NJ Awarded Online Gambling License

Thursday August 13,2015 : RESORTS IN ATLANTIC CITY AWARDED NEW JERSEY ONLINE GAMBLING LICENCE
 
Company has some powerful partners.
 
Atlantic City's Resorts Casino Hotel, using the title Resorts Digital, has achieved full online gambling licensing from the New Jersey Division of Gaming Enforcement.
 
Resorts has been offering remote gambling since March at resortscasino.com - and since last month at mohegansuncasino.com, using the Mohegan Sun licence. Mohegan Sun is a part-owner of Resorts. The new licence empowers Resorts Digital take over the entire operation.
 
Tim Ebling, Resorts’ chief financial officer, said that the company’s priority was to get online gaming up and running in March, which was why the casino used the “organizational structure” of the other businesses to initially launch internet operations.
 
Mark Giannantonio, Resorts’ president and CEO, said the company was “the first casino company in the country to open a digital gaming lounge” on its own property. “To me, that’s the greatest marketing we can have,” he said, adding that virtual casino operations had boosted interest in the company's land operations.
 
“Our online volume of business is made up of about 50 percent of bricks-and-mortar (Resorts) customers - and about 58 percent of them were inactive before resortscasino.com went online, Giannantonio said, adding that the online business “has helped our land-based casino.”
 
On Wednesday, the New Jersey Casino Control Commission (CCC) granted Resorts’ request to transfer its internet gaming assets to a new entity, Resorts Digital Gaming LLC.
 
Resorts has online partnerships with NYX Gaming Group, and a deal contingent on Pokerstars achieving online licensing in New Jersey with Amaya Gaming . Amaya has said it expects to get the DGE’s approval sometime in the third quarter.
 
DGE July results show that Resorts’ July overall win was up 20.8 percent year-on-year, the biggest single increase of any of Atlantic City’s eight current casinos.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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