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Gambling Giants Caesars and Rational To Secure Licenses in New Jersey

Gambling Giants Caesars and Rational To Secure Licenses in New Jersey

Since the change in gambling related legislation in the state of New Jersey two gambling giants are hoping to secure their dominance in the Garden State.

Gambling Giants Caesars and Rational To Secure Licenses in New Jersey

While the Rational Group are hoping to purchase and operate a brick and mortar casino, Caesars Entertainment are planning to secure a license for online gambling

PokerStars’ parent company, Rational Group, is hoping to buy and operate the Atlantic Club Casino Hotel. Rational submitted its application to the Division of Gaming Enforcement on 10th April which the Division is entitled to deliberate on for three months and pass on to the Casino Control Commission who are responsible for the final verdict.

Meanwhile Caesars Entertainment, the largest operator in the state and the company behind the World Series of Poker, announced its intent to secure an interactive gaming license to be among the first capitalising on the changed legislation.

The license would allow the four New Jersey Caesar properties, Caesars Atlantic City, Showboat Casino Hotel, Bally’s Atlantic City and Harrah’s Resort to operate online gambling from their premises.

Caesars is planning to offer the whole range of casino games in addition to poker. Caesars spokesperson Seth Palansky commented: “We’re offering a whole suite of games in the U.K.,” he said. “We anticipate having everything available.”

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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