NJ to start Internet gambling Nov. 26

NJ to start Internet gambling Nov. 26

Posted: Updated:
(AP) (AP)

By WAYNE PARRY

ATLANTIC CITY, N.J. (AP) — New Jersey residents and visitors will be able to start gambling online on Nov. 26, after a five-day trial period to make sure the systems operated by the city's 12 casinos work properly.

The state Gaming Enforcement Division told The Associated Press on Friday that Atlantic City's casinos may begin a "soft play" period on Nov. 21 for invited guests. If all goes well, the casinos can begin full Internet gambling at 9 a.m. EDT on Nov. 26.

Gamblers would have to be physically located within New Jersey's boundaries to play. New Jersey will be the third state in the nation to offer online gambling, along with Nevada and Delaware.

"I think this is going to be a significant revenue stream," said Robert Griffin, CEO of Trump Entertainment Resorts, which operates two casinos here. "It has the potential to make up 20 percent of our revenue."

He said state regulators have not yet explained how the guests who are invited to participate in the trial period are to be selected, but said it would have to be a significant enough number to test the system's capabilities.

Online gambling is designed to give the struggling casinos new revenue, though some worry the in-person business will simply migrate to computers, leading to casino job losses. Atlantic City's casino revenue has plunged from a high of $5.2 billion in 2006 to a little more than $3 billion last year and could dip below that mark by the end of this year. Thousands of casino jobs have been lost already as many gamblers choose options closer to their homes in Pennsylvania, New York, and Maryland.

Regulations governing online gambling will take effect Oct. 21.

Nine of the city's 12 casinos have acknowledged lining up partners for Internet gambling, and a 10th is widely rumored to have selected a partner, as well.

The Tropicana Casino and Resort has joined with Gamesys Limited, which runs the jackpotjoy.com website. The four casinos owned by Caesars Entertainment — Caesars Atlantic City, Bally's Atlantic City, Harrah's Resorts Atlantic City and the Showboat Casino Hotel — are partnering with 888 Holdings.

The Borgata Hotel Casino & Spa is partnering with bwin.party for online gambling.

Resorts Casino Hotel has joined with PokerStars, the world's largest poker website, which had tried to buy the Atlantic Club earlier this year before the deal fell apart.

The Taj Mahal Casino Resort chose Ultimate Gaming, which began offering Internet gambling in Nevada earlier this year. Trump Plaza is widely reported by industry publications to have chosen Betfair, the British online gambling firm, although neither the casino nor the company would comment.

The Golden Nugget Atlantic City is offering its own brand of Internet gambling using Bally Technologies.

Revel Casino Hotel and The Atlantic Club Casino Hotel have not divulged their online gambling plans.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Your MoneyMore>>

  • Heartbleed: Android devices may be vulnerable

    Heartbleed: Android devices may be vulnerable

    Tuesday, April 15 2014 10:14 PM EDT2014-04-16 02:14:46 GMT
    If you've heard about the Heartbleed bug, maybe you've already changed all your passwords and online security information. But Android users may still be at risk. Lance Ulanoff, senior editor of the online tech site Mashable, explains: "For the most part, Heartbleed has really been about the services that you access, and not local devices so the encryption on the device may have the same vulnerability."
    If you've heard about the Heartbleed bug, maybe you've already changed all your passwords and online security information. But Android users may still be at risk. Lance Ulanoff, senior editor of the online tech site Mashable, explains: "For the most part, Heartbleed has really been about the services that you access, and not local devices so the encryption on the device may have the same vulnerability."
  • Connecticut casinos post March slot revenue drop

    Connecticut casinos post March slot revenue drop

    Tuesday, April 15 2014 9:34 PM EDT2014-04-16 01:34:00 GMT
    Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. Foxwoods reported Tuesday that the share of wagers, known as revenue, was $44.6 million, down 10 percent from March 2013. Total slot machine wagering at the Mashantucket Pequot tribal casino was $566 million, down 5 percent.
    Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. Foxwoods reported Tuesday that the share of wagers, known as revenue, was $44.6 million, down 10 percent from March 2013. Total slot machine wagering at the Mashantucket Pequot tribal casino was $566 million, down 5 percent.
  • Heartbleed: what websites are affected and what you should do now

    Heartbleed: what websites are affected and what you should do now

    Tuesday, April 15 2014 9:16 PM EDT2014-04-16 01:16:42 GMT
    The Heartbleed bug is no joke. Websites, social networks, services, networking equipment, and web-enabled hardware may all be vulnerable. Here are some steps to take right now: Use the LastPass Heartbleed checker to see if websites you use are vulnerable and/or if they have installed security patches. Check the website of the company that made your home router in case it has been compromised. Make sure to download any software updates and security patches. Change your passwords.
    The Heartbleed security flaw is no joke. Websites, social networks, services, networking equipment, and web-enabled hardware may all be vulnerable. Here are some steps to take right now: Use the LastPass Heartbleed checker to see if websites you use are vulnerable and/or if they have installed security patches. Check the website of the company that made your home router in case it has been compromised. Make sure to download any software updates and security patches. Change your passwords.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices