Kerry Langan, a spokeswoman for the state Division of Gaming Enforcement, confirmed this week that both casinos have applied for permission to conduct internet gaming. If approved by state gaming regulators, they would bring to seven the number of Atlantic City casino companies that offer internet gaming.
The British gaming technology company GAN revealed in an annual report last week that it has signed a multi-year agreement with AC Ocean Walk, the new owners of the former Revel casino, to provide real-money internet gaming beginning sometime in the second half of 2018.
The company also plans to offer sports betting through the Ocean Resort agreement, assuming the US Supreme Court rules in favour of New Jersey’s challenge to a federal law limiting sports betting to four states that met a 1991 deadline to legalize it.
Internet gaming is the brightest aspect of the Atlantic City casino market right now. It brought in US$245 million last year in New Jersey, more than 9% of the total revenue won by Atlantic City casinos, and an increase of nearly 25% from the previous year.
Source: GMB / Sfgate.com
