Gary Loveman Optimistic On NJ Gambling

Tuesday February 26,2013 : LAND GAMBLING CHIEF OPTIMISTIC ON NEW JERSEY LEGALISATION
 
And Caesars expects to be active in online poker in Nevada "in months"
 
Whilst the industry anxiously anticipates New Jersey lawmakers approving an amended online gambling legalization bill today Tuesday February 26, the chief executive of one major land gambling company has expressed optimism on the issue.
 
Caesars Entertainment CEO Gary Loveman, whose preference in the past has been for federal legalization that never materialised, told reporters at a financial results press conference this week that he expects New Jersey online gambling to be live within the next 18 months.
 
"In the Internet space, Caesars Interactive Entertainment acquired Bingo Blitz, further boosting our presence in the social and mobile-games market," Loveday said.
 
"We received approval from Nevada gaming regulators of our application for a license to be an operator of interactive gaming in that state and expect to begin offering play in the coming months.
 
“We are also encouraged by New Jersey Gov. Chris Christie's support of online gaming in his state, and anticipate having the opportunity to pursue online gaming there soon."