Update: Legal NJ online gambling is officially here! Interested in playing? Check out our complete list of NJ online gambling websites to get started.
For months the question on everyone’s mind has been whether or not New Jersey regulators would be ready move forward with online gambling on November 26th. Friday it was confirmed by the state Gaming Enforcement Division that it is fully prepared.
The licensed operators will be all set to start up for their invited guests only in a soft launch which will take place for five days. This soft launch is set for November 21st. If all goes well then the actual launch will take place on November 26th.
Atlantic City has seen a decline in its casino revenue which brought it down from a high of $5.2 billion to just over $3 billion since 2006. This has caused thousands of job losses due to the competition in the neighboring states.
Online gambling could be a real turning point for the region with regards to it boosting the casino revenue up again. CEO of Trump Entertainment Resorts, Robert Griffin said, “I think this is going to be a significant revenue stream. It has the potential to make up 20 percent of our revenue.”
Nine of the 12 casinos in the city have already acknowledged that they have partners lined up for online gambling and another casino is rumored to have a partner chosen. Some of the Atlantic City Casinos have paired up with leading European Internet gambling companies.
Tropicana Casino and Resorts has partnered with Gamesys, Caesars Entertainment has partnered up with 888 Holdings, and the Borgata has partnered up with Bwin.Party, to name a few.
Recently all eyes have been on New Jersey and there has been a lot of speculation with regards to whether or not things would be set for the November 26th date. This recent news is just what many have been hoping for.
It is said that the test group is expected to be large enough to test things properly so there should be no surprises on November 26th. This date has been long awaited by many who have been watching the situation closely and now that it is approaching and things are all set players are perking up and getting ready to begin enjoying the many benefits that will be offered to them.