New Jersey Online Approvals Published, Soft Launch Quickly Approaching

NewJerseyTo date, five casinos have been issued internet gaming permits in Atlantic City.  By New Jersey law, the casino is the only one entitled to such a permit, it is the casino who would have to request approvals for companies they would be partnering with for online services. The five permits issued belong to:

  1.   The Borgata Hotel Casino and Spa
  2.   Golden Nugget Atlantic City
  3.   Trump Plaza
  4.   Trump Taj Mahal
  5.   Tropicana Casino and Resort

In order to receive a permit, a casino in good standing, must write checks totaling $ 350K upfront with another $300K to follow before real money gaming occurs.

Conspicuously missing is Caesars (4 casinos), and Resorts.  The other two casinos in town, Revel and Atlantic Club have apparently chosen not to participate at this time.  Atlantic Club filed for bankruptcy protection yesterday. Online gaming permits will only be issued to brick and mortar casinos in Atlantic City via N.J. law.

The following companies were granted transactional waivers to conduct business in Atlantic City with the casino that jointly petitioned with them for such approval:

  • CAESARS INTERACTIVE ENTERTAINMENT NEW JERSEY, LLC,
  • AMAYA (ALBERTA), INC.,
  • AMAYA INTERACTIVE USA CORPORATION,
  • CADILLAC JACK, INC.,
  • ONGAME SERVICES AB,,
  • ONGAME NETWORK LIMITED,
  • GAMESYS LIMITED AND GAMESYS US,
  • 888 ATLANTIC LIMITED AND AAPN NEW JERSEY, LLC,
  • FERTITTA ACQUISITIONSCO, LLC.,
  • BALLY TECHNOLOGIES,
  • SHFL ENTERTAINMENT, INC.,
  • BWIN.PARTY USA, INC.,
  • GAMEACCOUNT GLOBAL LIMITED.,
  • BWIN.PARTY ENTERTAINMENT (NJ), LLC, INC.,
  • BETFAIR INTERACTIVE US, LLC,
  • CAMS, LLC.    

Conspicuously missing from the waiver list is PokerStars, who has an agreement to work with Resorts.  Eric Hollreiser, Head of Corporate Communications for PokerStars issued the following statement :

Our application remains under review by NJ Division of Gaming Enforcement & we remain committed to working with them to complete the process.

The following companies are eligible to apply for a transactional waiver if and when they enter into an agreement with a casino or a platform provider and petition the Division of Gaming Enforcement for the waiver:

  • Paddy Power North America Inc.,
  • Genesis Gaming, Inc.,
  • Betable New Jersey, LLC.,
  • Rush Street Interactive,
  • Evolution New Jersey, LLC.,
  • Williams Interactive, LLC.,
  • Pala Interactive, LLC.,
  • Scientific Games International, Inc.

Transactional waivers are granted to conduct business in Atlantic City following a preliminary investigation.  A full license for those companies will be issued after the full investigation is complete. Additional transactional waivers could appear on the state website in about 10 days time.

No internet gaming sites will be listed as “approved” until after final testing and approval following their soft launch. A soft launch for a five day period could begin for companies that are ready as early as November 21, making November 26, 2013 a full real money gaming launch.

 

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