Every casino in New Jersey wants online gambling

From NJ.com In a sign of how lucrative online gambling in New Jersey may become, every casino in Atlantic City plans to offer its own games in cyberspace, state officials announced today. The city’s dozen casinos had until today to apply to the Division of Gaming Enforcement to be a part of the first round of approvals — and all did, said Lisa Spengler, a spokeswoman for the Division of Gaming Enforcement. Each resort said it plans to partner with an existing internet wagering company to offer digital gaming in New Jersey, Spengler said. Those partner companies — some based…

New Jersey Online Gambling Deadline

New Jersey online gambling is not expected to start until around Thanksgiving, but Atlantic City’s 12 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…

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…

Atlantic City

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…

New Jersey Online Gambling Regulations Move Forward

From Poker News The New Jersey Division of Gaming Enforcement will publish a draft of proposed Internet gambling regulations in the New Jersey Register on June 3, opening a 60-day period for public comment. In advance of the official publication, the draft regulations already are up on the Division’s website. Early reviews of the regulations indicate they look good from the players’ perspective. “There are a few things we’ll probably look into in the general comment period, but overall the regulations seem pretty fair,” said John Pappas, executive director of the Poker Players Alliance. Two concerns of the PPA, according…

Consultant to help New Jersey launch online gambling

From Press of Atlantic City A former gambling regulator from Malta regarded as an expert in online gambling development has been selected to help New Jersey implement Internet wagering by the end of the year. The announcement, made by New Jersey Division of Gaming Enforcement Director David Rebuck at the East Coast Gaming Congress on Wednesday, came during a day of speakers who focused heavily on the impact Internet gambling could have on the state and Atlantic City’s casinos. A panel of Wall Street experts touted online gambling as the development that could finally turn around the Atlantic City market’s…