On 26 November, online gambling was officially given the green light in the state of New Jersey, in what has been a highly anticipated liberalisation of their gambling market. Pundits and stakeholders alike will be eager follow the experiment as a test-case, as New Jersey is the most populous state to legalise online gambling, as well as the first state to allow a variety of casino games, rather than a poker-only offering. New Jersey’s state government anticipates (possibly quite overstated) that the liberalisation will equate to a USD $1 billion in revenue for state casinos in the first year; netting USD $150 million in tax for the coffers of the state.
This is quite clearly a major step in the liberalisation of the United States market, where it is reported that USD $3 billion is wagered illegally. Although, this is not a full online legalisation; online gambling services are required to partner with a brick and mortar operation in order to offer online services.
The following partnerships have been approved as of today’s date in New Jersey:
- Borgata Hotel Casino & Spa & BWIN;
- Caesars Interactive Entertainment New Jersey – Affiliate of Bally’s Park Place & 888;
- Caesars Interactive Entertainment New Jersey – Affiliate of Boardwalk Regency Corporate & Amaya;
- Tropicana Casino and Resort & Gamesys;
- Trump Plaza Associates & Betfair;
- Trump Taj Mahal Associates & Ultimate Gaming; and
- Golden Nugget Atlantic City & Bally IGP. (NB: Restricted to limited play)