- US Online Poker
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The update is expected to be the last one before the state launches their beta test of online gambling on November 21st.
A full launch is scheduled for November 26th, pending a successful beta launch.
Today’s update only added a handful of names to the Ancillary Companies & Internet Gaming Vendor lists:
The DGE confirms that no additional updates are scheduled for today – meaning no new transactional waivers.
Interest in the amount of revenue online gambling is generating in New Jersey? Your first peek at those numbers will come January 14th, 2014.
That’s when the DGE will post revenue numbers for November (including the soft play period).
In a separate, but related, update, New Jersey authorities added two names to the list of Internet Gaming Permit holders today: Caesars and Bally’s.
Those approvals leave only Resorts, Revel and ACC without a permit to conduct online gambling in New Jersey.
While this probably the last update before tomorrow’s “soft launch” of New Jersey online gambling, it’s not the last word when it comes to regulated NJ online gambling.
The DGE has made it clear that they will continue to review applications following the initial launch, and a number of companies – oeprators and supporting businesses – are expected
As many already anticipated after last week’s updates, it appears that PokerStars will not be taking part in the initial launch of online gambling in New Jersey.
That is far from a death knell for the company’s New Jersey prospects. Our understanding is that the company remains in negotiations with New Jersey regulators.
That status quo was echoed by the The Press of Atlantic City’s Jennifer Bogdan:
Companies with a transactional waiver are “authorized to engage in Internet gaming activities.”
The complete DGE list is available here. Short version:
What’s the difference between this and the preceding list? According to the DGE, these companies are “currently authorized to engage in Internet gaming related business transactions once they enter into an agreement with a casino licensee or platform provider and petition the Director of the Division for a Transactional Waiver.”
That means these companies have a tentative green light, but are still lacking a formal partnership and have yet to formally apply for a transactional waiver
You can review the complete list here. Short version:
An Internet Gaming Permit can only be issued to a land-based casino and is required for a casino to offer regulated online gambling.
Current permit holders as of November 15th:
NJIGP 13-006 Caesars Interactive Entertainment New Jersey, LLC
as the Affiliate of Bally’s Park Place, Inc.
NJIGP 13-007 Caesars Interactive Entertainment New Jersey, LLC
as the Affiliate of Boardwalk Regency Corporation
Access the latest list at the DGE website here.
The DGE defines vendors as: “Enterprises providing other services including, but not limited to, telecommunications that are not specifically designed for Internet gaming and patron interaction.”
86803 ARBOR NETWORK, INC.
New Jersey regulations list marketing affiliates, junket enterprises, junket representatives, payment processors, and age, identity and geo-location verification as the companies required to hold ACSIE licenses.
86791 TECHNOCOM CORPORATION d/b/a LOCATIONSMART