New Jersey Closes List for Future Online Gambling Licensees

The New Jersey Division of Gaming Enforcement (NJDGE) announced on July 30 that the list of applications submitted by operators who wish to open an online gambling site is finally closed. The list contains 37 companies, including all 12 of the Atlantic City brick-and-mortar casinos, who seek to offer online gambling services to New Jersey residents. The 12 land based casinos are expected to team up with companies who offer casino software for sale, along with marketing and telecommunication firms who are interested in taking part of the New Jersey online gambling industry.

The NJDGE’s director, David Rebuck, explained that the gaming regulators expect to receive more applications until online gambling activities start, while the identities of the firms will not be revealed until they are published on a list which will be found on the NJDGE’s website and will include all active operators.

Bloomberg business news have reported that Deutsche Bank experts claim that the industry is expected to generate up to $275 million each year, especially since recent applicants plan to involve in partnerships which seem to be extremely profitable, meaning that in the longer term, the benefits are clear. Rebuck said that marketing efforts will boost the industry and New Jersey residents will be provided with top quality gambling opportunities.