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LAND GAMBLING CHIEF OPTIMISTIC ON NEW JERSEY LEGALISATION
25th February, 2013 at 23:49:34
And Caesars expects to be active in online poker in Nevada "in months"
Whilst the industry anxiously anticipates New Jersey lawmakers approving an amended online gambling legalisation bill today (Tuesday February 26), the chief executive of one major land gambling company has expressed optimism on the issue.
Caesars Entertainment CEO Gary Loveman, whose preference in the past has been for federal legalisation that never materialised, told reporters at a financial results press conference this week that he expects New Jersey online gambling to be live within the next 18 months.
"In the Internet space, Caesars Interactive Entertainment acquired Bingo Blitz, further boosting our presence in the social and mobile-games market," Loveday said.
"We received approval from Nevada gaming regulators of our application for a license to be an operator of interactive gaming in that state and expect to begin offering play in the coming months.
We are also encouraged by New Jersey Gov. Chris Christie's support of online gaming in his state, and anticipate having the opportunity to pursue online gaming there soon."
Related News Tags: New Jersey
BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING
28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.
MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)
21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.
NOW WEST VIRGINIA EYES ONLINE GAMBLING LEGALISATION
18th March, 2017 at 06:34:19
New legalisation bill follows earlier challenge to PASPA
REPUBLICANS FILE ANTI-ONLINE GAMBLING BILL IN PENNSYLVANIA
14th March, 2017 at 08:11:41
HB801 has echoes of last year's unsuccessful attempt authored by former Representative (now Senator) Mario Scavello.
BETFAIR BREAKS EVEN IN NEW JERSEY
11th March, 2017 at 07:26:29
Profitability in sight as licensed online partnership with Golden Nugget prospers and US television assets grow.