Online Gambling Introduction On Schedule in New Jersey

Published Friday, October 04, 2013 -
Online Gambling Introduction On Schedule in New Jersey

Coming soon to an Atlantic City casino is the much talked about and long overdue introduction of online gambling. It was recently announced that plans to offer internet wagering for real money in New Jersey will commence on November 26th 2013. A five-day beta trial to get the system up and running smoothly will start on Nov. 21st for invited guests at Atlantic City’s twelve casinos.

Trump Entertainment Resorts, Chief Executive Officer Robert Griffin, commented, "I think this is going to be a significant revenue stream," Griffin continued, "It has the potential to make up 20 per cent of our revenue." Regulators have not revealed how the invited guests will participate or how they were selected, but explained there would be enough numbers to evaluate the system and it capabilities.

The introduction of internet gambling to Atlantic City has many wondering if the projections that see the move as a money making endeavour will revitalize the gaming industry there. Atlantic City has lost a significant portion of its revenue over the last ten years and thousands of jobs have been lost to the casino competition in neighbouring states of New York and Pennsylvania.

Nine of the 12 casinos in Atlantic City have announced they have partnered with online gambling operators. The Tropicana Casino and Resort have partnered with Gamesys Limited, which runs the website. The four casinos owned by Caesars Entertainment have made agreements with 888 Holdings. The Borgata Hotel Casino & Spa is partnering with digital entertainment. PokerStars has made a pact with Resorts Casino Hotel and the Taj Mahal Casino Resort has teamed up with Ultimate Gaming which already is offering legal online poker in Nevada. The Golden Nugget Atlantic City is using Bally Technologies to offer internet betting. Revel Casino Hotel and The Atlantic Club Casino Hotel have not made their online gambling plans known.

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