Published on 1 September 2015 by Rhi
New Jersey is a seriously hot topic in the iGaming as it’s the first state to legalise and regulate online gaming operators from around the world, allowing them to offer their services to residents of New Jersey. This is a big step forward when it comes to America and iGaming, so it’s no wonder that NetEnt were one of the first companies in there applying for a license. The process is a slow one however there has been a big leap today when it was announced that the New Jersey Division of Gaming Enforcement has issued a transactional waiver, allowing NetEnt to launch their products whilst the regulation review is still on going.
Each application must be approved individually and this waiver allows NetEnt to move forward with Borgata and bwin.party, however they’ll have to gain separate approval to move forward with Golden Nugget and Caesars Interactive Entertainment, although they surely wont be far behind.
This waiver allows NetEnt’s US facing brand, NetEnt Americas LLC to go live immediately with their games on Borgata and bwin.party however the process is lengthy on both sides, so not everything is ready for such a launch. Instead, NetEnt will spend this time beginning their server installation and performing trial services to ensure everything goes smoothly.
The approval of the transactional waiver for Borgata and bwin.party in New Jersey marks yet another milestone in our efforts to successfully go to market and build a long-term presence in North America. We are working in close collaboration with our partners and the New Jersey Division of Gaming Enforcement to secure that necessary administration is taken to successfully go live as soon as possible.
– Björn Krantz, Managing Director of NetEnt Americas LLC
This transactional waiver, or pre-approval really shows the states trust and faith in NetEnt as a company and as a service, showing they’re confident there will be no issues with the regulatory process and it is only a matter of time now until New Jersey residents can enjoy a selection of NetEnt games online!