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New Jersey Sees First State-Sanctioned Real-Money Online Poker Bet

Garden State Becomes Third State In U.S. With Industry

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At 6 p.m. local time on Thursday, some gaming companies in Atlantic City offered the first ever state-sanctioned online bets in the history of New Jersey.

The five-day trial was to show that the technology was sound. Online gambling in New Jersey is limited to those 21 and older who are physically present within the state’s borders.

Around 500 or so players were allowed on each site on the first day, according to reports. These players were invited by the casinos to participate.

A statewide launch for everyone is scheduled for Nov. 26.

New Jersey legalized online poker in February for a simple reason: more money.

Atlantic City’s fortunes aren’t what they once were, and the state wants more tax revenue.

One of the firms that participated in Thursday’s “soft launch” was none other than Caesars Entertainment Corporation, owner of the esteemed World Series of Poker brand. Caesars has multiple casino interests in Atlantic City.

“We are excited to be launching three of the most iconic U.S. gaming brands online for those inside New Jersey borders,” the firm said in a statement. “With […] the loyalty benefits of our Total Rewards and Action Club programs, we know consumers will quickly see why CaesarsCasino.com, HarrahsCasino.com, and WSOP.com are some of the best places to play online casino games for real money in the Garden State. The fun and action found online will reflect what our players have come to expect from our land-based properties for decades.”

As the the quote alluded to, New Jersey will allow multiple forms of gambling on the Internet. Caesars, for example, will be offering poker, blackjack, roulette, baccarat, video slots and video poker. However, the company is definitely known best for its poker.

There are a dozen casinos in Atlantic, and most will be involved with online gambling.

Since brick-and-mortar casino developers typically don’t have much experience, if any, running online games, they have partnered with experienced technology providers. In the case of Caesars, 888 Holdings will be providing the platform.

The only other U.S. states with legal online gambling include Nevada and Delaware. All three states are expected to look into partnering with one another for increased liquidity.

In addition, New Jersey is looking at players outside of the U.S.

Real-money online poker suffered a massive blow in the U.S. thanks to Black Friday in April 2011. The offshore operators were kicked out, and now U.S. firms have it open for the taking.

That hasn’t stopped a firm like PokerStars from looking for re-entry into the U.S. via New Jersey. However, the largest poker site in the world still waiting on a license from the Garden State. It wasn’t one of the firms to debut games on the first day of the trial period.

 
 
 
 

Comments

DoubleDownNow7
over 7 years ago

An even bigger market for the casinos would be internet sports betting, especially during football season!

 
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