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Fast Track Licensing for New Jersey Online Casino Operators

Fast Track Licensing for New Jersey Online Casino Operators

It’s prepared, set, go after the major players in New Jersey’s on-line casino game; major provisional licensing has now been awarded (Image source: thelicenseplatesite.com)

It is T-minus-two-weeks and counting for New Jersey’s big online casino launch, and time for you to get the show on your way, as they do say. With that in mind, a lot more of the key online gaming operators have now been given their Internet licensing, without which nothing moves forward.

Subject to Further Approval

Noting that they’re ‘transactional waivers’ meaning these companies could yet be exposed to more regulatory nosing around New Jersey’s gaming commissioners granted licensing to PartyPoker’s moms and dad business, Bwin.Party Digital Entertainment, the company formed last year whenever Bwin then the recreations betting firm merged with the major online poker site PartyPoker to form the entity that is new. The brand new Bwin is the world’s largest publicly traded online gambling business.

Just before 2006, when Congress introduced the Unlawful Internet Gambling Enforcement Act (UIGEA), PartyPoker ended up being the #1 online cash game poker site in the us, a position it held onto for a long time. The company complied with the strengthened online laws when they were initiated, but was nonetheless later on penalized by having a $105 million ‘fine’ in an agreement that is non-prosecutorial the U.S. Department of Justice, while admitti Continue reading “Fast Track Licensing for New Jersey Online Casino Operators”