Wynn OK’d for New Jersey Internet gambling

Zemanta Related Posts ThumbnailSacramento Bee – In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it. This may be another one of those instances. New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.

In actions taken late last month but made public on Monday, the state’s Division of Gaming Enforcement granted authority to Wynn Interactive to conduct Internet gambling with partner Caesars Interactive. The division also granted a request by Wynn and Caesars Interactive to conduct Internet gambling operations with the All American Poker Network and 888 Atlantic Limited, an affiliate of a Gibraltar-based online betting firm.

The approval of so-called transactional waivers for Wynn enables the company to offer Internet gambling with Caesars Interactive, which has two of New Jersey’s Internet gambling permits. “We are allowing them to use one of our permits,” said Seth Palansky, a spokesman for Caesars Interactive. “I’m not aware of if they are going live, or when.”

Not any time soon, says Wynn spokesman Michael Weaver. He cited an interview Wynn gave to Las Vegas journalist Jon Ralston over the weekend in which Wynn said Internet gambling “is not a good entrepreneurial opportunity.

But in the same interview, Wynn held out the possibility he could change his mind.

On Monday, Weaver said Wynn is not rushing to go online in New Jersey.