As officials in the state of New Jersey continue to work on the regulations for online gambling options, operators in the state are preparing to introduce online poker and other gambling options to residents. According to the Press of Atlantic City, the Borgata Casino of Atlantic City is ready to offer them its residents. The casino stated yesterday that they are going to act quickly in providing these options to gamblers.
The Press spoke with Boyd Gaming Corporation CEO and President Keith Smith this week and Smith did not give a date as of yet, but did state that once the regulations are complete, the Borgata will work fast to begin offering online gambling options. Smith stated:
“We intend to be among the first to offer online gambling in the state of New Jersey and are confident the Borgata brand will allow us to capture a substantial share of this lucrative market.”
Officials have stated that online options should be ready around the end of November 2013. Regulations are currently begin created by the Division of Gaming Enforcement of New Jersey and have to be completed before the option can go live. Gamblers in the state are certainly ready for the option and it seems as though operators are as well.
Atlantic City was hit hard by Hurricane Sandy last year and is still suffering from the aftereffects. The area is also under fire from neighboring states that are getting into the gambling business, both online and brick-and-mortar options. The state needs to hurry and get their options on the table, so to speak, so players can begin to enjoy the gambling options and the state can begin to reap the benefits.
Rough estimates are already in for how well online gambling options should do and officials are figuring that the state will could potentially rake in hundred of millions of revenue over the next several years alone. This amount would help the struggling city and it will be interesting to see if the option will actually meet these high standards.
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