Online gaming in New Jersey will begin November 23rd. That date is still tentative so it can always move but I’m sure that the state and casinos would like the gaming companies to have their stuff together in time for holiday money.
In a matter of two months or so, gaming regulators in the State of New Jersey will start giving the “go live” signal to launch Internet gaming websites of Atlantic City casinos that passed vetting processes. The much-awaited date is tentatively set on November 23, 2013.
New Jersey will allow all types of gaming online. Even though Nevada is first out of the gate with online poker being available with Ultimate Poker and WSOP they’re only allowing poker. This is a good start for Nevada but the ability to play video poker and slot machines will really be where online gaming makes a dent in the bottom line for a casino or gaming company.
In Nevada you can bet on sports online or in a casino sportsbook. You won’t be able to do either in New Jersey any time soon with another lost court case. Have no fear, the Supreme Court will be here to save the day to legalize sports betting in New Jersey!
“For the first time, a judge has ruled in our favor,” state senator Ray Lesniak said. “That gives us hope that others, either Supreme Court justices or the entire Court of Appeals for our district, will allow New Jersey to enjoy the economic benefits of sports betting that are now reserved exclusively for Nevada.”
The next step will be to seek a rehearing before all judges of the U.S. Court of Appeals for the Third Circuit. Then, the case would head to the U.S. Supreme Court, which only takes up a small percentage of the cases presented to it.
There is a huge market for sports betting on the east coast and this could be a huge financial impact when it becomes legal. For comparison sports betting in New Jersey will be about the same as the Las Vegas strip. That’s just the strip – not the rest of Nevada. That’s a big deal.
Since I live in Las Vegas I think I’ll go fire up one of my apps and bet on a game….because I can. 🙂
Photo: Soul of America