Online Gambling Firms Receive New Jersey Nod

Published Saturday, November 09, 2013 -
Online Gambling Firms Receive New Jersey Nod

At first glance it looks as if the New Jersey Division of Gaming Enforcement has forgiven a number of online gambling operator executives who in the past have had some run ins with the gambling regulations in the USA and other jurisdictions.

The Division of Gaming Enforcement recently announced it has awarded transactional waivers which will allow an approved firm to take part in New Jersey’s online gambling market. These transactional waivers will get the ball rolling for the official launch of the market November 26th after a five day beta trial.

There is a second list of companies “eligible for the issuance” will be granted transactional waivers, said the Director of the Division. Commenting that these firms are, “currently authorized to engage in internet gaming related business transactions once they enter into an agreement with a casino licensor or platform provider and petition the Director of the Division for a Transactional Waiver.” Although the lists will be updated by November 15th there are companies that are not on any list as yet. Rational Group, the parent company of PokerStars and Full Tilt Poker which has partnered with Resorts Casino and Hotel does not appear on the lists.

Another big name in the gambling industry that hasn’t received approval yet is Wynn Interactive. The Nevada located casinos and resort owner has partnered with 888 Holdings to be part of the All American Poker Network. It was also suggested that the firm has come to an agreement with Caesars to apply one of their four online gambling licenses.

A DGE spokesperson said to the Press of Atlantic City regarding the new list of applications, “does not mean a waiver won’t be awarded before launch.” Eric Hollreiser, Head of Corporate Communications at Rational Group said, in a Tweet, “We remain committed to working with them to complete the process,”

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