Optimistic Forecasts For Online Poker In New Jersey 2015
Anyone following the progress of online gambling in New Jersey would have to admit that the results of the first operation a year were way below expectations. The reasons for the dismal results are varied and include anything from banking issues to New Jersey simply not being big enough to operate as a viable online poker market.
The closure of Atlantic City casinos last year was just another indication of just how difficult it is for the Garden State to operate a wide scale gambling market. Despite the apparent gloomy results on the ground there are always those pointing out the positive aspects of New Jersey’s first year as an online poker operator.
Director of the New Jersey Division of Gaming Enforcement (DGE), David Rebuck is one such optimist and he fully expects things to improve in the next 12 months. Rebuck went on to state on the DGE website that New Jersey can hold their heads high in what they manages to achieve in their first full yarer of operations. He believes that despite the revenues falling way below forecasted expectations, the system is working from a regulatory standpoint with no major setbacks recorded.
One of the main obstacles that do need attention this year according to Rebuck is the payment processing services. There are still online players who are having issues with certain credit and debit cards when making deposits. Rebuck said that the DGE has been in contact with the New Jersey Department of Banking and Insurance as well as the Office of the Comptroller of the Currency in an effort to solve this nagging issue.
Other issues that will be looked at include multi-jurisdictional agreements which would allow a more viable player base to be created. The DGE has been in talks with the jurisdictions like Nevada and even the UK but have yet to enter into any formal compacts as of yet.