Finally after months of waiting, online gaming will start in a soft launch on November 21. In this soft launch, only invited players will have access to play and test the online gambling sites licensed in the State and a full launch is set to November 26, if the tests goes well.
New Jersey Gaming Enforcement Division confirmed the information that the full launch is November 26, and gamblers will have to be within New Jersey borders to be able to play.
The soft launch should be with a significant number of players to make sure the results are credible.
Atlantic City operators received the news with enthusiasm and most of operators already have partnership with experienced online gambling sites and they are waiting for the push of the "GO" buttom to start.
Online gaming in New Jersey should help especially Atlantic City operators whom have its profits decline from $5.2 billion in 2006 to $3 billion in 2012 and can go lower by the end of 2013. This decline is due to competition from neighbouring states like Pennsylvania, New York, and Maryland.
"I think this is going to be a significant revenue stream. It has the potential to make up 20 percent of our revenue.", said Robert Griffin, CEO of Trump Entertainment Resorts.
Check below some of announced partnerships to operate online gambling in New Jersey:
- Tropicana Casino and Resort - Gamesys ( JackpotJoy UK )
- Caesars Entertainment's - 888 Holdings
- Borgata Casino Atlantic City - Bwin.Party Digital Entertainment