JERSEY CITY, N.J., Nov. 18, 2014 /PRNewswire/ -- Betfair, one of the world's leading online gaming operators, has moved its online gaming operation to the Golden Nugget Atlantic City.
Under New Jersey law, online gaming operators such as Betfair must operate under the Internet gaming permit of a land-based casino in Atlantic City. As a result of this agreement, Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit.
"We are very excited to move our operations to Golden Nugget Atlantic City, one of the premier resort destinations in New Jersey. With this relationship, Betfair and Golden Nugget are well positioned to accelerate growth in 2015 and beyond," Don Ryan, Senior Vice President of Gaming for Betfair US said.
"We welcome Betfair to the Golden Nugget. The combination of our complementary brands will allow Golden Nugget Atlantic City to cater to an even larger demographic of NJ online players," said Thomas Winter, Vice President of Online Gaming for Landry's Golden Nugget.
GoldenNuggetCasino.com and BetfairCasino.com have both recently outpaced the overall online casino market in New Jersey, their combined market share reaching 25% in October.
Regulatory approvals permitting, BetfairCasino.com plans to operate under the Golden Nugget's Internet gaming permit beginning on November 21st.
Headquartered in London, United Kingdom, Betfair is an experienced Internet gaming operator with over four million customers worldwide, and is publicly traded on the London Stock Exchange. Betfair runs TVG, the largest legal wagering website and horse racing network in the US, having offered online horse race wagering for 15 years. Betfair pioneered and operates the world's leading betting exchange, in addition to a full suite of sportsbook and casino gaming products in jurisdictions where permitted to do so.
Launched in November 2013, BetfairCasino.com is an online casino in New Jersey offering real money slots, roulette, and blackjack under an agreement with Golden Nugget Atlantic City, a New Jersey Internet Gambling permit holder. Those 21 and older and who are physically present in New Jersey can play a variety of casino games online from their desktop or mobile devices.
For more information on Betfair, please visit the Betfair Corporate Site
About Golden Nugget Atlantic City
The Golden Nugget Atlantic City, located on Frank S. Farley Marina is a premier resort destination, offering guests more than 740 rooms and suites. The entire property is all new, with a $150 million renovation complete, it has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, Haven Nightclub, stylish retail offerings, as well as Landry's signature world-class restaurants such as Chart House and Vic & Anthony's Steakhouse; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV and Biloxi, MS. In addition, Golden Nugget is set to open a $600 million brand new Casino Resort in Lake Charles, Louisiana in December 2014.