If it takes a village to raise a child, then it takes a team of experts to implement Internet wagering in New Jersey. In fact, in light of the recent legalization of online gambling in the state, New Jersey Division of Gaming Enforcement has enlisted the help of Mario Galea, a former gambling regulator from Malta.
With Wall Street analysts touting the online gambling revolution as the key to turning around the city’s declining revenues, Atlantic City is pulling out all the stops to make sure its online gambling launch is both seamless and effective. Mr. Galea, who was selected from a field of seven experts, begins working with New Jersey this week. With 15 years experience in the field, and with a considerable chunk of that as the CEO of Lotteries and Gaming Authority of Malta, Galea has a lot to offer New Jersey. And New Jersey, who has a very aggressive launch timeline, has a lot to learn.
Beginning on November 26, 2013, the New Jersey online gambling law allows its casinos to offer online gambling to its customers. David Rebuck, Director of NJ Division of Gaming Enforcement, believes the timeline may not be realistic. “It’s so new, so you don’t want to make a significant error that sets us back from implementing it,” he said.
Yet just the mention of online gambling seems to be breathing new life into Atlantic City. The new bill could create as many as 2,000 new jobs in its first year alone, and the taxes generated from online gambling will benefit the state’s senior and disabled citizens.