Ocean Casino’s New Owner Receives NJ Approval For License, Prepares For Reopening

AC casinos are closed, but during a Wednesday virtual Casino Control Commision hearing, Luxor Capital Group received approval to own Ocean Casino Resort.

Ocean Casino Resort may not have land-based customers at the moment, but Wednesday was a very big day.

During the New Jersey Casino Control Commission hearing, Luxor Capital Group received approval to own Ocean.

The news comes after the New Jersey Division of Gaming Enforcement (DGE) completed a thorough and comprehensive investigation.

Ocean shared the news via a press release.

Luxor Capital reaction

Luxor Capital getting approval took several months to complete.

Going back to January 2019, the New York-based investment firm was revealed as the new mystery owner.

Call it the first step of a very long process, including Terry Glebocki being named permanent CEO in December. The company took a “top-down, bottom-up approach” to turn the property around.

Of course, now the Ocean team faces the additional challenge of the post-coronavirus shutdown.

For now, the license holder is happy about clearing the first hurdle.

Mike Conboy, a partner at Luxor Capital, commented on the news.

“We thank the Casino Control Commission and Division of Gaming Enforcement for granting Luxor Capital its approval.

“In 2019, Ocean Casino Resort was the fastest-growing casino in Atlantic City. Ocean’s future is bright, and we look forward to welcoming back our guests and employees at the appropriate time,” said Conboy.

Glebocki, who testified during the hearing, also commented on the news.

“I’d be remiss if I didn’t recognize my Ocean team. We’ve produced some year-over-year results that we are especially proud of. This was a team effort and wouldn’t have been possible without the dedication of each and every team member throughout our property doing their job.

“We look forward to a successful reopening in the not too distant future but until then I hope everyone stays safe and healthy,” said Glebocki.

The impact of COVID-19 on Ocean Casino

Prior to the pandemic forcing the lights to go out temporarily, the property was enjoying quite a ride.

Through the first three months of the year, Ocean has reported a casino win of $45.8 million.

This is good enough for middle-of-the-pack standing:

March, along with April and May, will show a noticeable drop in revenue across the board.

The most recent DGE numbers show Ocean took a 46.2% hit in total gaming revenue for March. And that is a result of being closed for just two weeks.

Plus, as a result of the closure, Ocean’s plans that are targeted for a summer reveal are delayed. They include:

  • Completing 12 unoccupied floors of hotel rooms.
  • Finishing plans for new high-limit slot and table game lounges.
  • Reconfiguring the casino floor.

With New Jersey Gov. Phil Murphy extending the public health emergency another 30 days, it’s difficult figuring out a timeline.

Focusing on the reopening plans, however, is a priority.

During Wednesday’s hearing, Glebocki said the company launched a survey to 50,000 guests this week. The early “overwhelming response” is that people want to come back.

Finding out what is important to those loyal guests tops the list.

While opening by Memorial Day weekend is unrealistic, the team is taking the necessary steps.

“We look forward to the successful reopening.

“And I can tell you that we are working round the clock to prepare for that reopening so that we can do it in both a safe and trusted environment for both our guests and employees,” said Glebocki.

Ocean and a renewed online gaming focus

During the hearing, Glebocki was asked if she sees online casino gambling an area of potential growth for Ocean.

“Absolutely,” is the short answer.

And there is plenty of room for improvement. For March, the casino reported $658,916 in NJ online casino revenue, ranking last among the seven license holders. This is still good enough for a 32.4% year-over-year increase.

Keep in mind that the Ocean online casino does not have an Apple iOS app yet. Parx is the only other brand operating under the license.

Call it the next step of a long-term plan.

“In 2019, our focus at the property was the brick-and-mortar. There was so much we wanted to get done from a brick-and-mortar standpoint, and that is exactly what we did,” said Glebocki.

“In our plan for 2020, it included more iGaming focus. We’ve been working with the division to get more initiatives in place for iGaming. There is a lot of room to grow there, and the future is bright.”


When Will Atlantic City Casinos Open?

Atlantic City casinos closed on Monday without knowing how long the closure will last. Now people want to know when they will open.

Atlantic City casinos closed on Monday without any indication of how long the closure might last.

In fact, most casinos across the country are now closed. Even the Las Vegas Strip turned out its lights this week.

Not even 24 hours after casinos closed down, people began asking when will AC casinos open.

The question is equivalent to the constant “are we there yet?” from a child on the never-ending road trip with the family.

Needless to say, there is no answer.

In a press conference announcing the closing of all the casinos on the Boardwalk, New Jersey Gov. Phil Murphy made it clear that there was no end date in sight.

AC casinos will remain closed “until such time as it is deemed safe for their reopening.”

Since gambling began on the Boardwalk in 1978, the longest closure of AC casinos came in the wake of Hurricane Sandy, and it lasted five days.

Well, we know this closure will be longer than five days. Dare, do we say much longer?

It is impossible to predict an opening date because there are so many unknowns.

Over the coming days, there will be a lot of theories around how long the closure of casinos in the US will last.

Don’t believe everything you read. Make sure you are getting your news from reputable sources.

Online casinos in NJ are still open for business

Atlantic City casinos may be closed for the foreseeable future, but NJ online casinos are open for business.

Casino players will find many of the same retail casino games online that they enjoy playing at their favorite casino on the Boardwalk. Games include:

  • Slots
  • Blackjack
  • Roulette
  • Video poker

For those of you who like a particular slot machine, you may be surprised to find your favorite slot game at one of the 23 online casinos in NJ.

Here is a partial list:

The longer the country stays closed for business, the more there is a need for a variety of entertainment options that people can enjoy safely.

If you are going to gamble online, please do so responsibly and ensure you are playing at a legal New Jersey online casino.

100% Up To $1,500 + $10 Free + 200 Free Spins - Limited Time Only!
UP TO $1500 FREE
+ $10 On Signup
Free $10 On Sign Up +
100% Up To $1,500 On Deposit
Plus 200 Free Spins On Select Games
Use Bonus Code: PLAYBONUS

Do your part to help AC casinos reopen

The only way the coronavirus will stop spreading is if everyone does their part. Make no mistake about it; AC casinos will only reopen when the coronavirus stops spreading.

Follow social distancing and self-isolation guidelines. When faced with a choice of staying home or going out, stay at home.

Be prepared to stay home (mostly) for several weeks, but do not give in to the panic-buying that is sweeping the nation.

Mostly, make sure you give yourself a break from the news. Take some time to escape the headlines.

Watch a movie, read a book or play an online slot machine. A little enjoyment will go a long way toward making an impossible situation more bearable.

Ocean Casino’s New CEO: ‘We Have No Plans Of Slowing Down’

Terry Glebocki, joined the Ocean Casino Resort team as CFO of its Atlantic City casino, and worked very hard to help ‘right the ship.’

Terry Glebocki is the new CEO of Ocean Casino Resort. It’s a role she has been serving on an interim basis since August.

Her title became permanent on Dec. 3.

Glebocki has 30-plus years of experience in the Atlantic City casino industry. Those roles include vice president of finance for Trump Entertainment, CFO of Revel (now Ocean), as well as corporate CFO for Tropicana Entertainment.

Prior to the temporary CEO role, Glebocki had spent 10 months as CFO at Ocean. The property is currently riding the wave of six-straight months of profitability.

Yes, this is the same Ocean that was dealing with regulatory compliance issues at the beginning of the year.

NJ Gambling Sites caught up with Glebocki last week to discuss the hot topics at Ocean, including her new role, the NJ online casino industry and a look ahead to 2020.

Righting the ship at Ocean

When talking about how far Ocean has come in 2019, a quick look back is needed. The property grand opening took place on June 27, 2018 (the same day as Hard Rock Atlantic City).

While Hard Rock had international brand recognition, Ocean was a new name to the AC market. But there was a much bigger issue: Through its first seven months of operation, the company was $23 million in the red.

Of course, there was the much-publicized news of Luxor Capital Group taking over ownership, too.

Glebocki came aboard early in the year to help turn things around.

“I joined the team as CFO and worked very hard to help right the ship,” said Glebocki.

“Having been here 10 months and now the CEO, I’m excited for the opportunity to lead the team responsible for making Ocean Casino Resort successful.”

The sustained hot streak was evident in November numbers released last week by the New Jersey Division of Gaming Enforcement:

  • Casino win came in at $19.5 million. That is a 66.8% year-over-year increase.
  • Total gaming revenue was $22.6 million.
  •  More importantly, the 48.2% year-over-year increase is tops among the nine AC casinos.

“I’m proud to say we have been profitable for six months in a row; June through November. We’ve experienced double-digit, year-over-year revenue growth for the past five months,” said Glebocki.

Ocean needed to ‘make changes fast’

When a casino is operating in the red, there is a realistic possibility of closure. The long-standing Atlantic City debate has centered around what is the right number of gambling halls.

Ocean, unlike Revel, did not go down that road.

Glebocki said, turning around the property involved making a lot of changes fast. She referred to it as a “top-down, bottom-up approach.”

“We needed to grow the revenues while reducing expenses. Certainly not the easiest thing to do, but that’s exactly what we did,” Glebocki said.

“We increased marketing offers to drive visitation, examined every expense and changed the fixed cost structure.”

Making customers aware that there is a casino also helps. The property opened as Ocean Resort Casino. The latter now takes top-billing as part of the “casino-first philosophy.”

“We knew it was important to listen to our guests’ ideas and concerns, and I’m proud to say we’ve tailored the improvements made, thus far, to be responsive to what our guests expressed,” said Glebocki.

Glebocki knows Atlantic City

The Ocean management team will undoubtedly face its share of challenges over the next few months. January and February are traditionally two of the slower months at the Jersey Shore due to the weather.

Keep in mind the current run of double-digit jumps coincides with the start of the summer season. Glebocki credits “compelling marketing offers” and a great guest experience “that is unparalleled in the market” as a couple of reasons behind the success.

Of course, spending her entire career in town (along with much of her team), Glebocki said she understands the competitiveness of the market.

“However, the team has had gaming experiences in other states and jurisdictions as well, Glebocki said.

“This gives us a well-rounded perspective, not just of what works best in Atlantic City, but what works well for our guests overall. This knowledge and experience translate into providing our guests what they expect, great offers, great service, and great value.”

Ocean + developing online casino business

While the casino floor business is much improved, the same cannot be said about the online casino.

Ocean’s internet gaming revenue is dead last among the seven license holders with $549,740. That is a 24.9% drop.

Also, Ocean online casino is currently only available for Android customers, which explains part of the issue. The iOS version remains a work in progress.

Plus, stabilizing the brick-and-mortar business has been the primary focus.

Glebocki said there are online initiatives in place for the coming year, including enhanced marketing offers.

“We’ve seen tremendous volumes online through our sports betting platform (William Hill NJ). We are looking to replicate that success with our online casino,” said Glebocki.

“We have several partner skins in development, and we are working with our service provider to deliver a better experience to our guests.”

New game content is added weekly. Glebocki noted there are integrated rewards and an all-new VIP program coming “very soon.”

“We’re not stopping there … we are excited to launch an iOS app, and a  live dealer option shortly,” she said.

The free-to-play OceanSocialCasino.com site will be relaunching soon, too. So, it’s clear the Ocean team is not ignoring the online casino sector.

William Hill + Ocean = Winning team

NJ sports betting is essential to the bottom line; however, it’s more established than the mobile casino business.

At 7,500 square feet, William Hill Sportsbook at Ocean is one of Atlantic City’s largest. Only The Book at Bally’s (15,228 square feet) and Moneyline Bar & Book (8,000 square feet) at the Borgata are bigger.

Plus, the room, complete with a state-of-the-art video display, is located in the center of the casino floor. Those seeking “the ultimate VIP experience” can rent out one of three skybox suites.

In terms of year-to-date sports betting revenue, Ocean has earned $16.2 million, the bulk of which ($12.5 million) is via the William Hill app.

New Jersey sports betting, as a whole, continues to be hot. November alone, the industry topped a half-billion in wagers, which is a new record.

NJ sports betting legislation allows for Ocean to add two additional online skins. With Parx operating its NJ online casino app under the Ocean license, there is a possibility of adding sports at a later date. Ocean also has yet to launch a self-branded sports wagering product.

Glebocki did not share any details related to those two scenarios. Of course, the focus now is preparing for a busy first quarter.

The Super Bowl is taking place Feb. 2 in Miami, and March Madness betting follows a month later. Those are the two biggest events on the calendar.

As a result, Glebocki said, “We believe the business will continue to build.”

Ocean + 2020 plans

Glebocki and the Ocean team have things on the right track. So, what’s next?

Well, there are certainly no plans to sit back and do nothing. Without going into specifics, Glebocki said Ocean would be enhancing and adding new gaming experiences for guests. There are ongoing talks with business partners interested in providing amenities and services that will really “wow our guests.”

So, in other words, to continue building upon this year’s strong foundation.

“We have no plans of slowing down, and we are excited to carry our momentum into 2020,” Glebocki said.

NJ Bill Bans College Athlete Endorsements With Casinos And Sportsbooks

A college athletes pay bill would bar New Jersey casinos and sportsbooks from signing endorsement deals with student athletes.

A piece of legislation, which is on its way to a vote by the New Jersey Assembly, would protect the interests of college athletes in the state, with some exemptions.

Bill 5863, currently named the New Jersey Fair Play Act, would make it illegal for New Jersey’s four-year educational institutions to penalize athletes for receiving compensation for the use of:

  • Names
  • Images
  • Likenesses

There are some complexities to the bill; however, like restrictions on partnerships between companies and athletes.

Restrictions in the Assembly’s college athletes pay bill

Any company or individual involved in legal gambling can’t partner with athletes at universities like Rutgers.

The bill reads:

“… A student participating in intercollegiate athletics shall be prohibited from earning compensation … with any person, company, or organization related to … casinos and gambling, including sports betting, the lottery;…”

If this bill becomes law, you won’t see Scarlett Knights football players getting checks from Atlantic City casinos for autograph sessions. Mobile sportsbook operators, like DraftKings Sportsbook, would also be barred from signing college athletes to sponsorship contracts.

Gambling operators aren’t alone here, however. College athletes would face the same restrictions with tobacco products, for example.

It isn’t difficult to discern the intent behind this language. Such deals might create concern about the integrity of college sports.

Those who harbor those concerns lack information, however. Legal sportsbooks’ integrity monitoring provides adequate safeguards.

There is an additional problem with this bill. These restrictions run contrary to their very intent.

Sign Up Bonus Up to $1,025
Up To $1,025 Free
Sign Up Bonus. T&Cs Apply.
$25 Free No Deposit Needed
Up to $500 Deposit Bonus
Up to $500 Free Bet
No Promo Code Needed - Use Our Link

How these restrictions actually maintain the status quo

The ideology behind bills like these is ensuring athletes have the same publicity rights the rest of the population enjoys. That’s the big problem with these restrictions.

New Jersey doesn’t bar its general population from signing endorsement deals with sportsbooks by the state. Likewise, non-athletes enrolled at the state’s four-year colleges can legally accept money for a casino appearance.

The state wouldn’t bat an eye if Greg Schiano, for example, got a check from an off-track betting site in exchange for using his image in an ad. These restrictions continue to treat college athletes as a special class who don’t enjoy full publicity rights.

All is not lost, however. It’s debatable whether or not the bill as written would withstand a court challenge.

There is a strong legal precedent that individual states can’t regulate intercollegiate athletics. Furthermore, this potential law wouldn’t apply until 2024 at the earliest. It could look different by then.

The intersection of college athletes’ publicity rights and legal sports betting in New Jersey is new territory for everyone. New Jersey’s approach to this point has its strengths and weaknesses.

Not Every Year Was Perfect, But Six Years Of NJ Online Gambling Sure Had Its Moments

New Jersey online casinos celebrate six years and what a crazy ride it has been. We take a look back at the changes, growth, and the ups and downs.

The sixth (6!) anniversary of New Jersey online casino gambling is upon us and what a crazy ride it has been.

There have been some dramatic changes, significant growth, and definitely some ups and downs over the past six years.

Looking at where it all started and comparing it to today, it’s hard to imagine that it has only been six years. It is akin to the memory that feels like yesterday and yet, it still feels like forever.

Well, it wouldn’t be an anniversary without a look back at the humble beginnings of the NJ online gambling market.

Leading up to the launch of NJ online casinos

New Jersey Gov. Chris Christie and the Legislature finally came to a compromise on the differences that earned a veto on a previous version of the bill.

On Feb. 26, 2013, online casino gambling became a reality for companies partnered with brick-and-mortar Atlantic City casinos.

In preparation for the launch of online casino gambling, the Division of Gaming Enforcement (DGE) started accepting applications in July. All 12 AC casinos at the time applied for online gambling licenses.

Year One (Nov. 21, 2013-14): NJ online casinos launch

All eyes were on the NJ online casino industry as it prepared to launch. To make things fair, the DGE arranged a synchronized launch for Nov. 21, 2013.

All online operators had the same timeline to secure licensing and perform testing. And when the time came, six Atlantic City casinos flipped the switch, bringing seven online casinos and six online poker rooms in NJ to life:

  • Borgata
  • Harrah’s
  • Caesars
  • Tropicana
  • Trump Plaza
  • Trump Taj Mahal

Golden Nugget had every intention of participating in the synchronized launch. Unfortunately, technical issues prevented it from moving out of the testing phase.

It would be about three more weeks before Golden Nugget successfully passed testing. It finally came online on Dec. 13, 2013.

Technical issues continued to plague the industry, mostly in the form of geolocation software. In fact, geolocation continued to be a problem through much of the first year.

In January, three notable events took place:

  • Virgin Casino comes online under the Tropicana license.
  • WSOP.com hosts the first major online poker tournament, the New Jersey Online Championships.
  • Borgata Casino paid out the first online jackpot of more than $150,000 from a progressive slot machine.

Much of the first year was uneventful, or as uneventful as launching a new industry can be. That all changed in September.

100% Up To $1,500 + $10 Free + 200 Free Spins - Limited Time Only!
UP TO $1500 FREE
+ $10 On Signup
Free $10 On Sign Up +
100% Up To $1,500 On Deposit
Plus 200 Free Spins On Select Games
Use Bonus Code: PLAYBONUS

Within one week, both Trump Plaza and Trump Taj Mahal shut down leaving several online casinos without a home.

Ultimate Casino and Ultimate Poker shut down when Trump Taj Mahal failed to pay them. Betfair Casino and Betfair Poker, originally partnered with Trump Plaza, temporarily moved to Caesars’ license until a permanent partner was found.

Betfair secured a deal with Golden Nugget AC just days before the one year anniversary of the market. Additionally, this was the time Pala Casino came online, the first online casino operated by a Native American tribe in NJ.

At the end of Year One, the online casino market racked up $104.3 million in revenue and paid $15.6 million in taxes to the state.

On Nov. 20, 2014, and heading into Year Two, there were:

  • Eight online casinos
  • Five online poker rooms

Year Two (Nov. 21, 2014-15): Bad actor no more

Year Two does not start off well. On Dec. 1, 2014, Betfair Poker closes its virtual poker room.

Online poker then takes center stage when 888 Poker and WSOP.com ring in the new year by pooling liquidity.

This strategic move catapulted WSOP and 888 into first place among online poker rooms in NJ. It also stepped up the competition against its main rival, the Party Poker-Borgata network.

Following the boost to the online poker scene, Resorts Casino finds its way online minus a poker room.

Resorts is aligned with PokerStars NJ, which has been prevented from launching due to the “Bad Actor” clause in the legislation.

The next big news again focuses on poker, only this time it is outside of New Jersey. In March, Nevada and Delaware begin combining player pools across state lines.

Unfortunately, it will be several years, before New Jersey makes the duo a trio.

In the summer of 2015, Golden Nugget joins forces with NYX Entertainment and undergoes some significant software enhancements. Looking back, it is easy to see these enhancements setting the stage for Golden Nugget’s eventual market domination.

Around the same time, Mohegan Sun Casino came online under the Resorts’ license.

The fall of 2015 welcomed the popular e-wallet PayPal to the market for deposits and withdrawals at New Jersey online casino sites. It is still one of the more popular ways to fund an online casino account in the Garden State.

Additionally, PokerStars NJ finally wins its approval from the DGE. Its initial launch was scheduled for November, but it wouldn’t come online until Year Three.

At the end of Year Two, the online casino market racked up $141.1 million in revenue. That is an impressive increase of 35.3% over its first year in operation. Plus, the state collected another $21.2 million in taxes.

On Nov. 21, 2014, and heading into Year Three, there were:

  • 12 online casinos
  • Four online poker rooms

Year Three (Nov. 21, 2015-16): Hit me, dealer

It was March of 2016 before the next big news hit the market.

PokerStars NJ is finally online. Players in NJ were waiting a long time for the global brand to come to the Garden State.

Then several months later, the online casino industry would change forever. On Aug. 11, Golden Nugget launched live dealer games to provide an online casino experience similar to that of a brick-and-mortar one.

Live dealer games become hugely popular. Along with its computer upgrades from the year previous, it is said to be the main reason Golden Nugget enjoys its market leader status today.

It’s September before the next online casino launches. SugarHouse Casino crosses the Pennsylvania state border to launch an online casino in the Garden State under Golden Nugget’s license.

That brings us to the end of Year Three. The online casino market earned $188.4 million in online gaming revenue. That figure is good for a 33.5% increase over the same period from the previous year.

The state is getting wealthier, too. It added another $28.3 million in tax revenue to its coffers.

On Nov. 21, 2014, and heading into Year Four, there were:

  • 15 online casinos
  • Five online poker rooms

Year Four (Nov. 21, 2016-17): Poker players can almost taste shared liquidity

The beginning of Year Four was relatively quiet.

The first real big news came in May when Betfair adds live dealer games to its portfolio. Golden Nugget and Betfair will continue to be the only NJ online casinos to offer live dealer games until 2018.

Then during the summer of 2017, Pala Poker opens its poker room. It surprises everyone by forgoing the opportunity to share liquidity with Borgata and Party Poker.

Pala Poker has struggled to meet guarantees and draw players to its network from the beginning.

In late summer, two more online casinos launch:

  • Scores Casino (Under the Borgata license)
  • BetMGM Casino and Poker

Besides the arrival of PokerStars, the big news online poker players were awaiting was the opportunity to join Delaware and Nevada in sharing player pools.

New Jersey finally signed the Multi-State Internet Gaming Agreement (MSIGA) with the two states on Oct. 13. However, it will still take several months before shared liquidity happens.

At the end of Year Four, NJ online casinos generated $239.8 million in revenue. It, again, saw double-digit percentage growth of 27.3% over the year prior. The industry paid an additional $35.9 million in tax revenue to the state.

At the end of Year Four, there were:

  • 17 online casinos
  • Seven online poker rooms

Year Five (Nov. 21, 2017-18): New Jersey saves the day

Little did we know at the start of Year Five what a momentous year it would be. However, it wouldn’t take long to understand that history was in the making.

On Dec. 4, 2017, the State of New Jersey challenges the legality of the Professional and Amateur Sports Protection Act (PASPA) in front of the Supreme Court of the United States. A SCOTUS Blog watch would commence a few months later.

And while NJ sports betting has its own milestones to celebrate, there is a correlation to the launch of online sports betting in June 2018 and the continued growth and success of online casino gambling in the Garden State.

Of course, casinos and casino games continued to grow throughout the year. Live dealer games spread to eight casinos by summer and a second live dealer studio opened up thanks to Evolution Gaming.

And finally, what all poker players were waiting for became a reality. Just before the first “shuffle up and deal” of the 2018 World Series of Poker, player pools finally combined between three states:

  • New Jersey
  • Delaware
  • Nevada

The timing was just right to allow New Jersey online poker players a chance to win one of four WSOP gold bracelets offered for online events. In fact, a New Jersey player would go on to place one of those gold bracelets on his wrist.

Even with the sports betting news and the implementation of shared liquidity, the biggest news for Atlantic City came in June when two shuttered casinos on the Boardwalk came back to life.

Hard Rock Atlantic City and Ocean Resort Casino opened their doors on June 28, just a few weeks after the first sportsbook opened its betting windows. Both Hard Rock and Ocean Resort would launch online casinos shortly after.

Then after being the first online sportsbook to launch in NJ, DraftKings Casino began offering blackjack.

What was notable about this news wasn’t that DraftKings became the daily fantasy sports operator turned sportsbook turned casino. It’s the integrated online sportsbook and online casino app prioritizing the customer experience.

Once the Supreme Court decision was handed down, the rest of the year flew by in a blur. Revenue for the online casino market grew by 18.5% year over year to $284.1 million. The state collected its share, which equated to $42.6 million.

At the end of Year Five, there were:

  • 19 casinos
  • Seven poker rooms
  • Nine online sportsbooks

Year Six (Nov. 21, 2018-19): Another record-setting year

It didn’t seem possible to keep up the pace of the second half of 2018. But as 2018 came to a close and the beginning of Year Six began, a new normal in New Jersey online gambling was being established.

More online casinos would launch, more cross-selling between sportsbooks and casinos would occur, and more revenue records would be set.

To ring in 2019, DraftKings becomes the latest online casino to offer live dealer games through a partnership with Evolution Gaming. On the other end of the spectrum, six-month-old Ocean Resort is struggling financially and goes up for sale.

It is renamed Ocean Casino in early 2019.

An Eldorado and Caesars merger is heating up and Eldorado moves to sell a few properties to clear the way. Consolidation seems to be the latest industry buzzword.

This year ushered in four new gambling sites:

  • BetAmerica (Golden Nugget)
  • Unibet NJ Casino (Hard Rock Atlantic City)
  • Bet365 Casino (Hard Rock Atlantic City)
  • Parx Casino (Ocean Casino Resort)

Now that we’ve reached the end of NJ online gambling’s sixth year, there are:

  • 23 casinos
  • Seven poker rooms
  • 17 online sportsbooks

And it doesn’t quite feel like the market is done yet. There’s a reason New Jersey is a model state when it comes to online gambling.

It has not always been easy, but NJ and the DGE have efficiently navigated the ups and downs that rapid growth brings to any business.

It’s impressive to review the changes from one year to next. One can only imagine what 2020 will bring.