Caesars Entertainment hopeful for New Jersey

Gary LovemanCaesars Entertainment CEO Gary Loveman is reported to be hopeful that online gambling will become law in New Jersey in the coming months ahead.  He added that Caesar would be looking to add online poker within months of the legalization of online gambling within New Jersey. It is anticipated that operators will be fully operating within New Jersey inside of a year and a half after the signing of the proposed law.

Caesars Entertainment recently acquired Bingo Blitz in order to increase the presence that had within the online gambling community and it is expected they will become a major force as other state enact similar laws to Nevada and New Jersey. The group has already seen approval for a license to operate in Nevada and it is expected that they will be live within several months. Loveman also stated that he is encouraged by the support for online gambling by Gov. Chris Christie.

 

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