The poker media reports that as many as five online gambling companies based in New Jersey have been granted interactive gambling licenses by the New Jersey Division of Gaming Enforcement (NJDGE). The state took a long time to scrutinize applications for online gaming licenses. By the end of July, the NJDJE had announced that as many as 37 companies had submitted applications for licenses, but there is no doubt that many more companies had submitted applications after July.
Tropicana Casino and Resort is the latest company to get a license to operate online gaming services in New Jersey. The other four companies that have already been granted licenses are Borgata Hotel Casino and Spa, Trump Plaza Hotel and Casino, Trump Taj Mahal Casino Resort, and the Golden Nugget.
New Jersey’s online gaming regulations require all the servers to be located on property belonging to any of the 12 casinos in Atlantic City. Wynn Resorts Limited, therefore, has partnered with Caesars as it does not own any property in Atlantic City. According to the terms of this agreement, Wynn’s servers will be located on property belonging to Caesars.
Operators who wish to run online gaming businesses in New Jersey are free to partner with Atlantic City casinos in order to do so. All the 12 Atlantic City casinos have partnered with other companies. For instance, Caesars has partnered with 888 Holdings, Trump Taj Mahal with Ultimate Poker, Borgata with Bwin.party, Tropicana with Gamesys, Resorts Casino Hotel with PokerStars, and the Golden Nugget with Amaya Gaming and Bally Technologies. Atlantic Club Casino and Revel Casino have also formed partnerships, but haven’t announced any details regarding the same.
The NJDGE has also announced that the online gambling will go live in New Jersey on Nov 26, after a five-day testing period. New Jersey has legalized not only online poker, but also other forms of online gambling such as craps, roulette, slots, and blackjack. Only players above the age of 21 and located within New Jersey can play for real money at the state’s online casinos.
Online gamblers are eagerly waiting for online gaming to go live in New Jersey as it is the 11th most populated of US states. Since there are around 9 million people in New Jersey, online gaming in the state is expected to become very successful. Besides, New Jersey is also expected to sign interstate gaming compacts with Delaware and Nevada in order to increase liquidity.