Atlantic City Casinos Given June 30th Deadline to find Online Partners
While internet gambling in New Jersey isn’t expected to launch until around Thanksgiving, casinos in Atlantic City have been told that they only have until the end of June to arrange internet gambling deals.
This is because state regulators need time to examine the qualifications and backgrounds of the companies that want to partner with the casinos, particularly as many of them are likely to be foreign companies.
For instance Bwin.party, based in Gibraltar, has signed a deal with the Borgata Hotel Casino & Spa. The senior vice president of Borgata, Joe Lupo, said that the casino quickly moved to partner with Bwin as “they have a big market share and a tremendous platform.” The four casinos owned by Caesars Entertainment will be partnering with 888 Holdings while the two casinos owned by Trump Entertainment Resorts are still looking at potential partners.
CEO of Trump Entertainment, Robert Griffin, said that the company has good choices and that “it will come down to who gives us the best deal for all our shareholders, and who has the strongest brand in gaming.”
So far no other Atlantic City casinos have offered any comment about their potential online offerings.