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Fast Track Licensing for New Jersey Online Casino Operators

Tuesday, February 25th, 2020

Fast Track Licensing for New Jersey Online Casino Operators

It’s ready, set, opt for the major players in New Jersey’s online casino game; major provisional certification has now been granted (Image source: thelicenseplatesite.com)

It’s T-minus-two-weeks and counting for New Jersey’s big casino that is online, and time to get the show traveling, as they say. With that in brain, a lot more of the key online gaming operators have now been granted their Internet licensing, without which nothing moves forward.

Susceptible to Further Approval

Noting that they’re ‘transactional waivers’ meaning these companies could yet be subjected to more regulatory nosing around New Jersey’s gaming commissioners granted licensing to PartyPoker’s parent company, Bwin.Party Digital Entertainment, the business formed in 2011 when Bwin then a sports betting firm merged with the major on line poker site PartyPoker to form the entity that is new. The Bwin that is new is world’s biggest publicly traded online gambling business.

Ahead of 2006, when Congress introduced the Internet that is unlawful Gambling Act (UIGEA), PartyPoker was the #1 online cash game poker site in the usa, a position it held onto for years. The company complied with the strengthened online laws when they had been initiated, but was nonetheless later on penalized with a $105 million ‘fine’ in a non-prosecutorial agreement with the U.S. Department of Justice, while admitting to violating pre-existing wire fraud statutes tha (more…)