The advent of Internet gambling in New Jersey has left a British online gambling firm placing a bet on Atlantic City with plans to build or buy a resort casino. London-based 2UP Gaming PLC is in negotiations to purchase an Atlantic City casino. If that’s not possible, the company is prepared to build anew, said Vincent Crandon, who will oversee 2UP Gaming’s American expansion. The company announced its intentions Friday, saying an Asian investment firm is prepared to contribute $330 million to the project. “I don’t count New Jersey out by any means,” Crandon said, speaking about the decision to…

From Press of Atlantic City – An online gambling firm that is negotiating to buy an Atlantic City casino filed an application Monday to cash in on New Jersey’s Web betting operations, a senior executive said. London-based 2UP Gaming PLC becomes the latest company to announce its intentions to offer Internet wagering on casino slot machines and table games. Monday was the deadline for applications to be filed with the New Jersey Division of Gaming Enforcement, the regulatory agency that will issue Internet gambling licenses. Last week, 2UP announced a partnership with the New York investment firm MidOil USA to…