There are times I wished I lived in New Jersey. And those times that I wished I lived in New Jersey, I throw up in my mouth a little. Now, as someone who has lived in Georgia for 20 years, I will fully admit that as I take that little jab at the Garden State, I do not live in a bastion of wonder. But man, sometimes I really want to partake in a little regulated online gambling and when I see something like live dealer casino floor gaming, as what was just launched by the Golden Nugget in Atlantic City, I do get a little jealous.
Golden Nugget soft launched the live dealer casino floor roulette on March 21st, but officially announced the game a week later, on March 28th. And frankly, it’s pretty cool. Many of us (even me, back in the good, old days) are familiar with traditional online casino games, where we place wagers on computerized versions of things like blackjack, craps, and roulette. What Golden Nugget Atlantic City has launched is a game where players, sitting in front of their computers at home within New Jersey’s borders, can watch a real, live game on the regular gaming floor of the Golden Nugget and actually bet on it.
The integration is going to be seamless, and it would give Golden Nugget access to a huge portfolio of casino content. The Senior Vice President of Golden Nugget, Thomas Winter, said that its company will lead the way to the accessibility of a wide range of casino games to the New Jersey Market. PRESS RELEASES Golden Nugget launches online and mobile sportsbook BY Press Releases ON February 22, 2019. TAGs: Golden Nugget.
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Bet on it just like they are there, though without touching real chips and all that. Again, it’s an actual game that is going on in the Golden Nugget with a real dealer and real players on the casino floor. I’m not sure exactly how the results get transmitted and chip transaction calculated, but it happens. Perhaps someone there types in what number is hit and the gaming system does the rest. Perhaps a camera does the job. Or maybe there is some RFID razzamatazz going on. But however it works, a real wheel spins, a real ball rolls around, real people are there, in person, betting, and people at home do the same.
In a press release, the Golden Nugget said that “….watching patrons at the Golden Nugget Atlantic City place bets alongside online patrons makes for an ever more authentic live casino feel.”
Live dealer casino floor roulette will naturally be slower than regular online roulette, but I would imagine, as the press release implied, that it is a hell of a lot more fun. No, no online game can replace the experience of being at the table live and in person, but until virtual reality internet gambling becomes a reality, this seems like the next best thing. I know if I was going to put down a few bets on black, I would do it with a game like this (though I write for gambling websites, I’ll admit I’m not actually much of a gambler outside of poker).
The Golden Nugget has several options for other live dealer games, though those games are broadcast from special studios, not live from the casino floor. Looking at the casino’s website, it appears there five blackjack tables, two roulette tables, one baccarat table, and one casino hold’em table. They all run 2:00pm to 3:00am, whereas the live casino floor roulette game runs 24/7.
LOUISVILLE, Ky., May 16, 2018 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq:CHDN) today announced an agreement with Golden Nugget Atlantic City (“Golden Nugget”) to enter into the New Jersey real money online gaming (“iGaming”) and sports betting markets, subject to sports wagering legislation and gaming license approvals. CDI is targeting the first quarter 2019 to begin accepting legal wagers for iGaming and sports betting in New Jersey.
“We are looking forward to offering integrated iGaming and sports betting products in New Jersey,” said Bill Carstanjen, CEO of Churchill Downs. “We have the unique opportunity to leverage our knowledge and experience operating the largest legal online horse racing wagering business in the U.S. as we enter the iGaming and sports betting markets.”
“We welcome Churchill Downs, a respected U.S. gaming operator with online wagering experience, to New Jersey,” said Thomas Winter, Senior Vice President and General Manager, Online Gaming for Landry's Golden Nugget. “The addition of their offering will allow Golden Nugget Atlantic City to cater to an even larger demographic of New Jersey online players.”
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 Golden Nugget has established strong brand recognition worldwide with locations in Las Vegas and Laughlin, Nevada; Biloxi, Mississippi; and Lake Charles, Louisiana. Launched in November 2013, GoldenNuggetCasino.com is the number one U.S. online casino and was voted Operator of the Year three years in a row from 2015 to 2017 at the iGaming North America Awards. Golden Nugget Atlantic City accounts for 35% of the New Jersey online gaming market.
About Churchill Downs Incorporated
Churchill Downs Incorporated (CDI) (Nasdaq:CHDN), headquartered in Louisville, Kentucky, is an industry-leading racing, gaming and online entertainment company anchored by our iconic flagship event - The Kentucky Derby. We are the largest legal online account wagering platform for horseracing in the U.S., through our ownership of TwinSpires.com and have announced our plans to enter the U.S. real money online gaming and sports betting markets. We are also a leader in brick-and-mortar casino gaming with approximately 10,000 gaming positions in eight states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
Information set forth in this press release contains various “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the “Act”) provides certain “safe harbor” provisions for forward-looking statements. All forward-looking statements made in this press release are made pursuant to the Act.
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The reader is cautioned that such forward-looking statements are based on information available at the time and/or management’s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently.
Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from expectations include the following: the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the effect of changes in tax laws on CDI or an investment in our shares, including as a result of changes made pursuant to recently enacted U.S. tax legislation; public perceptions or lack of confidence in the integrity of our business; loss of key or highly skilled personnel; restrictions in our debt facilities limiting our flexibility to operate our business; general risks related to real estate ownership, including fluctuations in market values and environmental regulations; catastrophic events and system failures disrupting our operations, including the impact of natural and other disasters on our operations and our ability to obtain insurance recoveries in respect of such losses; inability to identify and complete acquisition, expansion or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; legalization of online real money gaming in the United States, and our ability to capitalize on and predict such legalization; the number of people attending and wagering on live horse races; inability to respond to rapid technological changes in a timely manner; inadvertent infringement of the intellectual property of others; inability to protect our own intellectual property rights; security breaches and other security risks related to our technology, personal information, source code and other proprietary information, including failure to comply with regulations and other legal obligations relating to receiving, processing, storing and using personal information; payment- related risks, such as chargebacks for fraudulent credit card use; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; work stoppages and labor issues; difficulty in attracting a sufficient number of horses and trainers for full field horseraces; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; personal injury litigation related to injuries occurring at our racetracks; the inability of our totalisator company, United Tote, to maintain its processes accurately, keep its technology current or maintain its significant customers; weather conditions affecting our ability to conduct live racing; increased competition in the horseracing business; changes in the regulatory environment of our racing operations; declining popularity in horseracing; seasonal fluctuations in our horseracing business due to geographic concentration of our operations; increased competition in our casino business; changes in regulatory environment of our casino business; development and expansion of casinos is costly and susceptible to delays, cost overruns and other uncertainties; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; impact of further legislation prohibiting tobacco smoking; geographic concentration of our casino business; changes in regulatory environment for our advanced deposit wagering business; increase in competition in the advanced deposit wagering business; inability to retain current customers or attract new customers to our advanced deposit wagering business; uncertainty and changes in the legal landscape relating to our advanced deposit wagering business; and failure to comply with laws requiring us to block access to certain individuals could result in penalties or impairment in our ability to offer advanced deposit wagering.
Golden Nugget Casino
Nick Zangari
(502) 394-1157
Nick.Zangari@kyderby.com