Steve Wynn Making Moves in New Jersey Online Gaming Market

Steve WynnOnline gambling is slowly but steadily growing in the United States. Nevada already offers online poker gaming options and Delaware just launched a small suite of free play online casino gaming sites that should integrate into real money options very soon.

New Jersey is also set to offer online gaming options over the next few months. As with Nevada, the only NJ operators allowed to legally offer online gambling are companies who already have established brick and mortar casinos up and running. Because of this rule, Wynn Interactive is stirring up the poker industry in the US with the release of recent news.

It was reported that Wynn Interactive, owned by Steve Wynn himself, is trying to get in on the online gambling action in the state of New Jersey. The company recently applied for a license but this is all we know. Information on the application is also being kept quiet. The Division of Gaming Enforcement as well as anyone from Wynn has yet to state why the company applied for a license.

One may be asking, ‘Why does this matter?’ Well, it does. Wynn may be a force to be reckoned with in the gambling industry but the company does not own a casino in the state of New Jersey. Because of this, the group legally has no grounds to offer online gambling in the state.

Many are questioning how Wynn could move in to the online gambling market in the state. The company could be partnering with other casinos in Atlantic City but the company is a top competitor and they also do not seem to be a reasonable partner for technology needs of casinos in the state. Another factor to consider is that most casinos in the state have already announced their partners and Wynn is not one.

A realistic answer is that the Wynn company may be purchasing an existing casino. Several in the area of Atlantic City are struggling and Wynn certainly has the funds to purchase a property. Wynn would win out in two ways as they would have a casino in the state as well as an option to be able to offer online game play.

Speculation is high right now and only time will tell as to why and how the Wynn brand will be functioning in the New Jersey online gambling market.

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About LadyHoldem 502 Articles
LadyHoldem is a hot poker mamma! Between her life as a poker news writer for websites and her busyness as a mom, this is one hot movin' mamma.

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