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Hard Rock Atlantic City to launch online gambling

Director of the state Division of Gaming Enforcement , David Rebuck, has stated publicly that Atlantic City casino casino’s software and electronic systems have met the requirements of all of the necessary tests and are ‘operation-ready’. “Our online gaming team has done an amazing job launching one of the most dynamic online gaming experiences in the industry,” stated Hard Rock’s Atlantic City president Matt Harkness. “We’re excited to extend the Hard Rock brand beyond the Boardwalk and let casino players gamble across the Garden State.” Hard Rock’s AC website became the 26th legal internet gambling site in the Garden State and with competition not be far behind. The Ocean Resort Casino, for instance, which also opened its doors last week, is taking the necessary steps to launch their own online gambling site with operations still in the regulatory and testing phase. Currently, the Hard Rock Casino falls into one of six casinos legally licensed to operate internet gambling in New Jersey, the others being the Borgata, Golden Nugget, Resorts, Tropicana, and Caesars Interactive New Jersey, which features Caesars and Harrah’s. Since internet gambling became legalized in New Jersey in late 2013, its growth in terms of users and potential operators has been growing steadily at fast pace. In 2017, online gambling revenues brought in $245 million into Atlantic City’s casinos, a figure which accounts for roughly 10 percent of total revenue. In conjunction with newly legalized sports betting operations, having started just a month prior, the casinos have managed to lock down two new sources of revenue, ultimately countering the effects of a devastating two-year stretch that saw five of Atlantic City’s 12 casinos forced to close their doors. The two most prominent of these were Revel casino and the Trump Taj Mahal, which are the newly formed the Hard Rock and Ocean Resort casinos. After facing financial turmoil, the Trump Taj Mahal was forced to close its doors in October 2016 leading to Hard Rock International’s acquisition of the property early in 2017. The company’s plans revealed a full $375 million renovation of the property for April, featuring a new complex with an increase to 2,400 casino slots and 130 table games.

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2018-07-15 / Posted in