LONDON Nov 8 Online gaming group bwin.party
Digital Entertainment has been given permission to
start offering gambling in New Jersey, the third and potentially
most lucrative U.S. state to allow internet betting.
The company, which applied for a licence in July, said on
Friday that it has been awarded a transactional waiver by the
New Jersey Division of Gaming Enforcement pending the granting
of a full licence.
"This transactional waiver means that bwin.party is now
eligible to participate in the online gaming market in New
Jersey, which is expected to open on 26 November 2013," the
company said in a statement after the London market had closed.
The group said it would launch poker and casino games under
the land-based casino licence of its partner in New Jersey,
Borgata Casino, owned by Boyd Gaming Corp's and MGM
Resorts, using both Borgata's and its own brands,
New Jersey follows Nevada and Delaware in legalising online
gambling. It is considered the most lucrative casino market
based on size and because its law encompasses many forms of
gambling, while Nevada's regulations only allow online poker.
Two of the founders of bwin.party Digital Entertainment
struck a deal with the state's gaming authorities last month to
sell their stakes rather than apply for individual licences, a
condition for major shareholders in gaming groups in New Jersey.