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Wednesday, 18 December 2013 07:34

Online Gambling in New Jersey An Initial Success

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It has been almost one month since New Jersey opened its doors to online gambling. Has it taken off?

The Garden state began its five-day trial of online gambling on November 21st, and officially opened its doors on the 25th. Online casinos across the world sought to pair up with existing land-based casinos to offer an internet product to New Jerseyites, with the result that seven casinos now offer online gambling: Golden Nugget Atlantic City, Borgata Hotel Casino & Spa, the Tropicana Casino and Resort, Trump Plaza Hotel and Casino, the Trump Taj Mahal Casino Resort, Caesars Atlantic City and Bally's Atlantic City.

The state's Gaming Enforcement Division said that as of the 15th of December, just shy of three weeks after gambling officially became legal, 91,531 accounts were created. Players can play any game offered in its twelve land-based casinos, including slots, roulette and blackjack, but online poker is proving especially popular in these early stages.

This will probably come as more bad news to PokerStars, who had signed a deal with Resorts Casino Hotel to offer online poker to the state, but has been suspended for two years because of an indictment against its founder.

New Jersey became the third state to offer online gambling services to its citizens, behind Nevada and Delaware which both legalised gambling earlier this year. The move was designed to boost revenue for its ailing casinos, as well as providing much-needed tax revenue for the state. When the idea was floated, there were some concerns that the online product might end up cannibalising the brick-and-mortar profits – and this remains to be seen. For now, however, it seems that the launch of online gambling in New Jersey has been a marked success.