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Non-Tech : Casinos/Gambling and Favorite Destination Spots

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Oct 31 9:30 AM EST

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From: David Alan Cook	10/9/2013 8:13:38 PM
	of 141

BYD - Fist Casino to Gain Internet Approval to operate in New Jersey LOS ANGELES (Reuters) - Borgata Hotel Casino & Spa, owned by Boyd Gaming Corp's and MGM Resorts, said it received the first Internet gaming permit ever in New Jersey from the state's Division of Gaming Enforcement. New Jersey last February became the third state after Nevada and Delaware to legalize online gambling, but the casino industry views New Jersey as the most lucrative opportunity based on size and the fact its law encompasses many forms of gambling, while Nevada's regulations, by contrast, allows online poker only. Nevada was the first to go live with online gambling in April when Station Casinos launched the first offering known as UltimatePoker.com. New Jersey is expected to go live in late November with Internet gaming. Borgata, one of the 12 hotel-casinos in New Jersey's Atlantic City, said it had worked closely with the division throughout the process. A spokeswoman for the division confirmed it was the first Internet gaming permit to be issued by the state. The gaming enforcement division has said Internet gambling, limited to the 12 hotel-casinos and their partners, will begin in New Jersey on November 26, after a trial period to make sure things work properly.

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