H5G Poised to Become NJ's First Licensed Online Gaming Company

Jan 10, 2011, 19:24 ET from High 5 Games

MAHWAH, N.J., Jan. 10, 2011 /PRNewswire/ -- Anthony Singer, the president and CEO of High 5 Games, issued the following statement after the New Jersey legislature passed legislation that explicitly legalizes and regulates internet gaming within the state:

"This is a historic day for New Jersey. With the state legislature's decision to legalize internet gaming, New Jersey now becomes the center of the U.S. iGaming industry. As a licensed supplier within New Jersey and as the creator of online games on legal European sites, High 5 Games is poised to become the market-leading supplier of online content and technology in the U.S.

"We are optimistic that Governor Chris Christie will sign this important piece of legislation into law to revive the state's gaming industry. This law will allow our state's gaming industry to thrive, creating more jobs and much needed tax revenue for the people of New Jersey.

"Now that internet gaming is just one signature away from becoming the law of the land, it is important to remember that the NJ gaming industry has a long and respected history of ensuring that every single company that provides services to Atlantic City casinos is of the utmost integrity. That's why all casino content providers are licensed and regulated by the state through the New Jersey Casino Control Commission.

"With this new law, it is obvious that many international and offshore companies will be looking to see how they can get involved in the first explicitly legal iGaming environment in the U.S. While it is important to maintain an open marketplace through collaboration, we anticipate that the New Jersey Division of Gaming Enforcement and the New Jersey Casino Control Commission will continue to enforce existing state regulations to 'assure the public trust and confidence in the credibility and integrity of the casino industry and casino operations,' as its mission dictates.

"As a major player in the state's gaming industry since 1995, no company is as prepared as High 5 Games to lead the way online. As a company that has always conducted its business ethically and responsibly, we look forward to forming future relationships and joint ventures with reputable businesses to best serve the people of New Jersey."

SOURCE High 5 Games