As you probably already heard the state of New Jersey is the second that is about to legalize online gambling. Under these conditions the US based companies Wynn Resorts along with Caesars are planning to make a joint venture in order to start providing online gambling in the state of New Jersey. This way they will split the risks and also the profits.
The two companies will allow them to have a presence in the Garden State of New Jersey. Thanks to the new legislation that was passed recently, the online gambling websites must have their servers in a land based casino from Atlantic City. Regarding this rule there is no problem for the new group formed, since even if Wynn Resorts does not have any land based casinos in Atlantic City, there are no problems with that for Caesars Interactive.
There weren’t any official statement made by these two companies and so far these are only rumors that might be true in the future.
However there was an interesting comment coming from the 888 Holdings official that said it’s going to be vital for the online gambling companies in US to start making partnership in order to survive on this highly competitive market, especially if the new online gambling businesses are starting to appear with a state at a time.