New Jersey has been a hot topic for discussion with many companies standing in line waiting for the state to lift its ban on online gambling. 888 Holdings is one more name to watch for with regards to taking advantage of the end of the ban. The brand plans to take advantage of the opportunity by launching online poker and casino games.
When congress banned online gambling in 2006 it hit a lot of companies such as 888 hard. However, some US states are now rethinking their view on online gambling and this has led to some, such as New Jersey, to lift their ban and allow for new opportunities.
There is already an agreement in place between 888 Holdings and Caesars Interactive Entertainment in which the two will be working together to enter the online market. “We are providing the platform for Caesars but we are providing the one-stop shop that 888 is renowned for across Europe,” said 888’s chief executive, Brian Mattingley. He also added, “We are extremely well positioned in the US and are working with the regulators in Nevada, Delaware and New Jersey as these three states become ready to open.”
Once the ban is lifted in New Jersey it is expected by many to be like ‘opening the flood gates’. The long list of names getting prepared to make their debut continues to grow. In fact, when speaking on the topic, Ralph Topping, the chief executive of William Hill said the initial competition risked creating a “bit of a bloodbath”.
888 Holdings was funded in 1997 as Virtual Holdings Limited. 888’s first proprietary product, Casino-on-Net launched in May of that same year. Since this time it has seen a tremendous growth and many new products have been added to its extensive and continuously growing resume. It has become one of the most successful brands in the online gambling industry.
888 Holdings offers a sportsbook, casino, poker site, bingo site, etc. The company has become known for offering high quality games and top level security. Once the ban lifts in New Jersey 888 will be one of the names to watch for with regards to quick entry into the market. Players should be ready and waiting, this presents the perfect opportunity for them to find some great bonuses.