Online Gambling Prospects Attract All Twelve Atlantic City Casinos!

July 2nd, 2013
Back Online Gambling Prospects Attract All Twelve Atlantic City Casinos!

The New Jersey regulatory and licensing system has seen all twelve of Atlantic City's land casino operators apply for licensing, declaring partnerships and submitting applications by the end of June.

The implementation date, according to New Jersey officials, can be expected in mid to late November this year.

Lisa Spengler, a spokeswoman for New Jersey's Division of Gaming Enforcement (DGE), revealed that the Borgata, co-owned by Boyd Gaming and MGM Resorts, along with Caesars Entertainment were some of the casino operators who plan to partner with Internet gaming providers.

"For applicants that meet this filing deadline, the Division will be in a position to determine if they can commence Internet gaming operations by the go-live date," Spengler said.

According to the regulations of the law, operators need to have their servers based in Atlantic City; the current estimates are that New Jersey's online gambling market could generate $500 million to $1 billion in revenues yearly.

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