Bwin.Party, Betfair Among Companies To Receive Transactional WaiversPublished on November 8th, 2013 5:58 pm EST
Earlier today, the state of New Jersey released a list of "Internet gaming" companies who have acquired transactional waivers. According to New Jersey officials, companies who receive transactional waivers will be able to participate in the upcoming launch of Internet gaming in the state on November 26th.
A number of companies, including Betfair (joint petition with Trump Plaza Associates), Bwin.Party USA (joint petition with Borgata Hotel Casino & Spa and Cams, LLC) and Amaya Interactive USA Corporation received their transactional waivers earlier today. All of these companies, in association with their partners, will be able to initiate a "soft launch" of their products on November 21st. Companies will be able to conduct a "full launch" on November 26th, as the New Jersey market will be officially open for business as of that date.
Pokerstars, who is seeking to partner with Resorts Casino Hotel in the New Jersey market, was not on the list of companies receiving transactional waivers earlier today.
However, New Jersey gaming officials are stressing that today's list is not a complete one, and that more companies will be receiving transactional waivers over the coming weeks.
In a Tweet released earlier today, Eric Hollreiser of the Rational Group (parent company of Pokerstars) had this to say:
"Our application remains under review by the New Jersey Division of Gaming Enforcement and we remain committed to working with the Division to complete the review process."
There are legitimate worries that Pokerstars may end up being locked out of the New Jersey online gaming market, as numerous factions (namely, the American Gaming Association) are opposed to Pokerstars being allowed in.
The New Jersey online gaming market will be officially open for business in just a couple of weeks.
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