New Jersey Regulators: 37 Online Gaming Applications Received So Far
31 August 2013
The New Jersey Division of Gaming Enforcement said it has received a total of 34 new applications for Internet gambling licenses by Monday’s deadline. This is in addition to the three companies that were previously licensed by the state. While we aren’t able to list the names of all 37 applicants (until we can grab them from the list of active vendors on the DGE’s website), we do know that the companies who applied must have an interest in providing software, marketing, telecommunications or other services in the realm of online gambling.
Which, of course, doesn’t narrow the field of guesses down much if at all.
And just because the July 29th deadline has come and gone doesn’t mean the NJDGE is done accepting applications. “We see this as the first round of filings, and we expect that more applications will be filed as the start of Internet gaming moves closer,” said David Rebuck, the division director in a statement. The “start of Internet gaming” in New Jersey–at least as of the date of this post– is officially November 26th.
It bears repeating the there are high expectations for the New Jersey online gambling market, as we’ve said in previous posts. Andrew Zarnett, a Deutsche Bank Securities analyst, recently upped his projected annual estimate from $50 million per year to $275 million annually, stating that the “quantity and caliber” of the casino-software partnerships entering the playing field is particularly “robust”.
29 July 2010PartyGaming to Merge with Bwin Interactive
It was announced today that two big powers in the European online gambling market will merge into one. In a reverse takeover, PartyGaming plans on acquiring Bwin Interactive in a deal valued at $1.76 billion dollars. This would create the world’s biggest traded online gambling company. According to Bloomberg, “The merged company, which had reported sales of 682 million euros, will be 51.Read full article
19 January 2007OTHER ONLINE GAMBLING E-WALLETS EXPECTED TO FILL NETELLER VOID IN U.S.
HERALD TRIBUNE The Associated Press Published: January 18, 2007 LAS VEGAS: Though payment processor Neteller PLC is the latest and largest such company to pull out of the lucrative but illegal U.S. online gambling market, industry observers said other e-wallet sites would come forward to take its place… …The arrests were the latest in a series of enforcement actions by the U.S. government against the online gambling industry.Read full article
14 September 2011The Parliament of Schleswig-Holstein Passed Egaming Legislation
In late August, opposition parties in Schleswig-Holstein requested that its ruling on a new State gambling treaty be delayed. At the time head of fiscal policy for the Green Party, Monika Heinold stated, “The aim must be a joint state contract.” Two days ago, Schleswig-Holstein, delayed its vote again at the last minute. Today the Parliament of Schleswig-Holstein took the first step by approving Germany’s first egaming legislation by a slim vote of 46-45.Read full article