New Jersey Gambling Off to Good Start

After all the glitches were worked out during New Jersey’s trial period online gambling is off to a solid start in the state. The state’s top casino regulator said the first week of internet gambling in New Jersey worked out very well. David Rebuck, director of the state Division of Gaming Enforcement told reporters “I’m pleasantly pleased. I’m also very tired because for the last seven days, all I’ve been doing is worrying this was going to crash.” Since November 21st 37,277 online gambling accounts had been set up enabling players to win or lose money playing from desktops laptops and smartphones.

New Jersey is the third state to legalize online gambling and the state allows card games, table games and slots. Currently the state does not offer online bingo but may in the future if there is a demand. The new law is designed to bring new money to Atlantic City casinos that have been struggling for several years because of competition from neighboring states like Pennsylvania. Since 2006 casino revenues have fallen from $5.2 billion to just over $3 billion last year. In January the state will issue its first report of how much money online players lost at New Jersey’s icasinos.

Rebuck said it was uncertain that internet gambling sites would be ready for players when the tests began. Rebuck stated “There was definitely tension. At each of the casinos, there were 30, 40, 50 people working on this. On the first night, there were a lot of frowns, people looking to get through that first night. By Sunday night, I saw a lot more smiles. That’s when I knew it was probably going to be OK.”Six Atlantic City casinos offer internet gambling; the Borgata Hotel Casino & Spa, the Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino, the Tropicana Casino and Resort, Bally’s Atlantic City and Caesars Atlantic City. The Golden Nugget Atlantic City will offer internet gambling this week.

The main problem experienced by users during the test period was being rejected by geolocation software designed to make sure all players are located in New Jersey. There were also problems with some credit card transactions. Credit card companies have different policies when it comes to internet gambling. Direct bank transfers were the most successful funding option for players.

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