Tag: new jersey
Atlantic City Casinos Looking for Online Partners
Internet gambling isn’t expected to start in New Jersey until around Thanksgiving, but Atlantic City casinos must move fast to line up partners for their online operations. The state Gaming Enforcement Division has told the casinos they have until June 30 to arrange Internet gambling deals. The short time frame is intended to give state regulators time to examine the qualifications and backgrounds of the companies that want to partner with the casinos, particularly since several foreign companies are considered likely to join with Atlantic City casinos. One of them, Bwin.party, is based in Gibraltar, and has inked a deal…
Internet gambling could leave Atlantic City in worse shape
From Courier Post Casinos will win with new gambling revenue. New Jersey will win with new tax revenue. Consumers will win with a new entertainment option that they can play from the comfort of a coffee shop or their own sofa. Everybody, it seems, is guaranteed to win. Except Atlantic City itself. New Jersey is rolling out legalized Internet gambling, betting that it will help casinos fend off fierce competition from neighboring states, bolster the state’s tax revenue and be a powerful economic engine once again. It is a chance, casinos say, for New Jersey to remain on the cutting…
Wall Street: Atlantic City Online Gambling Will be Boon
New Jersey casino gaming is not exactly booming, but Atlantic City online gambling may offer some hope. For six consecutive years, revenue there has been on a steady decline. Its newest casino, the $2.4 billion Revel, just exited from Chapter 11 bankruptcy. And to top it all off, last fall the city, along with the rest of the New Jersey coastline, was slammed by Hurricane Sandy, from which the region is still trying to recover. Prognosis for AC is good, according to Wall Street analysts Last week the East Coast Gaming Congress was held, and it was there that a…
What New Jersey Online Poker Regulations Mean for Players
From Poker Fuse The following in an excerpt from a pokerfuse PRO exclusive article titled Areas of Risk for Future Litigation in NJ iGaming Regulations published yesterday. —————- Players are required to obtain a separate gaming account for each casino licensee with whom they register, but are not permitted to have more than one account with each casino licensee. There was speculation that the regulations might require players to appear in person at Atlantic City casinos to verify their identify and register for an online account, but the proposed regulations allow customers to sign up for online gaming accounts…
Public comment period on New Jersey online gambling
From Press of Atlantic City The public can comment on proposed regulations for Internet gambling, which will be published on the state’s Division of Gaming Enforcement website for two months beginning June 3. A draft of the proposals regulations is already uploaded to the site. (http://www.nj.gov/oag/ge/proposed_rules.htm) Division Director David Rebuck will announce the date on which New Jersey casinos will be permitted to begin accepting wagers over the Internet at least 45 days prior to commencement. “New Jersey has once again proven to be in the forefront of casino gaming with the development of Internet wagering regulations for all casino…
New Jersey to publish proposed iGaming regulations next month
From iGaming Business After ratifying legislation last year that will authorise its land-based casinos to offer online gambling services, New Jersey has announced that it intends to publish the proposed regulations governing these activities early next month. The New Jersey Division of Gaming Enforcement revealed that the new guidelines for Internet wagering are to be issued via the New Jersey Register on June 3 followed by a 60-day public comment period with final adoption following review process due to take place soon after. A special draft of the proposed regulations has also been made available via the New Jersey Division…

















