As we move towards November 26th, the date that New Jersey Division of Gaming Enforcement (DGE) has stated that regulated online gambling will start in the state, things are starting to take shape. The most recent development is the release of a list of the internet companies that the DGE has deemed suitable for receiving gambling licenses.
A number of companies have all been issued with transactional waivers, which essentially represent temporary approval while further checks are being carried out. Assuming nothing untoward is discovered in those checks, full licenses will follow in due course. Transactional waivers have currently been issued to the following companies, among others.
Bwin.Party Digital Entertainment (partnering with the Borgata Hotel & Spa)
Betfair (partnering with the Trump Plaza Hotel and software provider GameAccount Network)
888 Holdings (partnering with Caesars Interactive Entertainment and Bally Technologies)
Ultimate Gaming (partnering with the Trump Taj Mahal)
Another list has been also been released, which names several other internet gaming companies that have been deemed eligible for a transactional wager, once they enter into an appropriate partnership with a land-based casino licensee. One of the most notable companies included in this list is the American subsidiary of Irish bookmaker Paddy Power.
It is interesting to note that online poker giant PokerStars do not appear on either of the released lists. There have been reports that their application was rejected, but this has been denied by the DGE. They have stated that PokerStars’ application is still currently under review.
Operators that receive a license in the necessary time frame will all take part in a soft launch of online gambling in the state that is scheduled to take place a few days before the full launch.
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