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Wynn Resorts Receives Online Gambling Approval In NJ But Puts it On Hold

Discussion in 'CASINO NEWS' started by Mben, Feb 5, 2014.

  1. Mben

    Mben No Deposit Forum Admin Staff Member

    LAS VEGAS -- New Jersey gaming regulators have given Wynn Resorts Ltd. approval to offer an Internet wagering website within the state's boundaries, but a spokesman for the Las Vegas-based casino operator said the company's online gambling efforts are on hold.Wynn Resorts spokesman Michael Weaver said Monday that the company, which is headed by Steve Wynn, doesn't view online gaming to be a good entrepreneurial opportunity. Consequently, our plans are on hold until we understand the business opportunity. In actions taken in late January but made public Monday, New Jersey's Gaming Enforcement Division granted authority to Wynn Interactive to conduct Internet gambling with partner Caesars Interactive, a subsidiary of Caesars Entertainment Corp.The division also granted a request by Wynn and Caesars Interactive to conduct Internet gambling operations with the All American Poker Network and 888 Atlantic Limited, an affiliate of a Gibraltar-based online betting firm 888 Holdings.However, in an interview with political commentator Jon Ralston, which appeared on Ralston's website Sunday, Wynn said he now doesn't see a business opportunity' in online gaming. Wynn also said he questioned the technology used to track players and block minors from gambling online.Wynn told Ralston the technology was impressive if you were a cyberguy. But it was bull****. Read the full article <a href="http://www.casinocitytimes.com/article/wynn-gets-ok-for-online-gambling-in-new-jersey-but-puts-efforts-on-hold-62948" >here</a>.

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