NJ Regulators Approve Delaware Lottery’s Use Of I-Gaming Content Hosted On Atlantic City Server'Great Collaborative Effort' Was Achieved, Says Regulator |
|
Though it’s not a much-needed liquidity sharing agreement for peer-to-peer online poker, New Jersey and Delaware announced a historic arrangement last week.
Scientific Games, which runs its online gaming business from servers located in Caesars’ data center in Atlantic City, has been approved to offer its content across state lines to the Delaware Lottery’s online gaming platform.
Those games will only be available to people in Delaware.
“This is the first such agreement regarding casino game content between states with authorized Internet gaming," David Rebuck, Director of the New Jersey Division of Gaming Enforcement, said in a statement. "This arrangement exemplifies a great collaborative effort between the Delaware Lottery, the New Jersey Division of Gaming Enforcement, Scientific Games, and Caesars Interactive Entertainment.”
Marco Ceccarelli, Senior VP and Chief Information Officer for Caesars Interactive Entertainment, said in a statement: “We are happy to do our part assisting regulators in New Jersey and Delaware and appreciate their progressive and innovative work to help continue to grow and push the regulated online gaming market forward in the United States.”
888 Holdings is the technology firm behind the online poker in Delaware, as well as Caesars’ web poker sites in Nevada and New Jersey. Nevada and Delaware currently share liquidity for online poker, as Nevada hasn’t yet allowed the other I-casino games.
New Jersey online gambling revenue is up significantly this year so far. In July, Internet gaming win was $12.5 million, compared to $10.1 million in July 2014—an increase of 24.4 percent. Year-to-date online gaming revenue was $84.5 million, up from $73.1 million during the same period in 2014.
From January to July, online poker revenue was $14.2 million, down from $18.8 million in 2014. That’s a 24.5 percent decline in the Garden State’s online poker market.
Last week’s announcement is part of a long-term plan for Atlantic City to become an online gambling. One state lawmaker wants to attract the major players from overseas markets to New Jersey, which could begin with the licensing of PokerStars this fall.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
