NJ Partnerships Announced
All of Atlantic City’s 12 casinos have submitted their respective application to operate an online wagering facility in New Jersey, which brought to view the team-ups of Trump Plaza-Betfair and Tropicana-GameSys.
All partnership agreements, though, are still tentative, as the intended Web partners still have to pass New Jersey Division of Gaming Enforcement’s (NJDGE) vetting process. The NJDGE has made it clear that only those that meet the “highest standards of integrity” will merit approval.
About Trump Plaza and Betfair
Trump Plaza, owned by a group of corporate bondholders who won control of the casino through bankruptcy proccedings, is badly in need of an overhaul. The aging casino continues to struggle with its operations as patrons continue to dwindle, causing it to remain at the bottom of Atlantic City’s list of casino revenue earners.
Trump Plaza’s online partner Betfair Group plc, is one of the world’s largest international gaming and betting operator, holding various licenses issued by regulators of Gibraltar, Malta, Spain, Italy and the U.S. Betfair acquired its U.S. license earlier this year, when the company won the right to handle New Jersey’s remote horse betting operations.
About Tropicana Resort and GameSys
Tropicana Resort belongs to billionaire investor Carl Icahn, who likewise acquired the property through a bankruptcy settlement. Although it is one of Atlantic City’s better performing gambling establishments in terms of revenue-generation, it is also fraught with continuously declining profits.
Tropicana has chosen GameSys as its Web-based partner, a consistent winner of various “EGR eGaming Operator Awards” during the recent past years. UK-based GameSys is the company behind Facebook’s “Bingo and Slots Frenzy”, the first play-for-real-money gambling games offered to legal-aged FB users located in jurisdictions where Internet-based gambling is allowed.
Filed Under: Gambling