The state Casino Control Commission has given a license for Golden Nugget New Jersey. They also conditionally approved a merger of Golden Nugget with an existing special purpose acquisition company already traded on the Nasdaq. Federal regulators must still approve the merger before it becomes final.

New Jersey Online Casino Licenses

Vice President of Golden Nugget Atlantic City, Richard Liem, testified that the primary benefit of taking an online gaming entity public was access to capital. He stated that “You need to have adequate access to capital to be able to grow and compete effectively in this nascent and very quickly growing industry.”

The primary requirement to operate a regulated New Jersey Online Casino is to have a land-based casino. Which means that more or less only brick and mortar establishment located in Atlantic City have an online presence. There are however some exceptions to this rule.

Casino Control Commission Chairman James Plousis said he understood the DGE’s concerns and supported recommended conditions to ensure the Atlantic City casino would not become a casualty of negligence or secondary importance to online gaming.

New Jersey Online Casino List

New Jersey Online Casino Games

You can read more about Golden Nugget New Jersey at Press of Atlantic City.