It is expected that around the holidays, the casinos in Atlantic City will reveal the latest efforts to revitalize players’ interests.
Last week, online gambling was officially legalized in the state of New Jersey. New Jersey is the third state in the US to have done this.
A spokesperson for Gambling Compliance said that placing wagers online will probably be legal from November. The reason for this is that the technology used needs to be tested and meet approval, until this point it will remain illegal.
Licences for online gambling will only be given to land casinos. Some of these casinos will partner up with online casinos already in place to use their software and network.
In an interview with a San Francisco newspaper, Assemblyman John Burzichelli, one of the online gambling bill’s sponsors, said that once everything is finalized and approved, New Jersey will offer truly convenient gambling experience.
According to the bill, only players that are physically located within the borders of New Jersey will legally be allowed to play. They will be able to place wagers at any game the casino has to offer.
For the player to be able to wager online they will be required to create an account with the casino. To do so they need an email address to register, be able to prove that they are of age and be able to provide their correct address. Players will be able to deposit real money into their accounts by making use of their credit or debit card.
For six consecutive years it seems that revenue made by casinos in Atlantic City has dropped. When he gave his budget speech, Governor Chris Christie said that he’s expecting casino profits to rise this year because players will now have the convenience of being able to gamble at home.