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Caesars CEO Bullish On New Jersey Internet Gambling

The CEO of Caesars Entertainment has told news reporters that he is optimistic that internet gambling will be signed into law in the state of New Jersey and noted that his gaming group could be offering internet poker within a few months in the state of Nevada.

Speaking to reporters Gary Loveman said that he expects cyber gaming in New Jersey to be signed into law with betting operations to commence within 18 months. He also went on to say that his firm is positioned to begin offering internet poker in Nevada within the next few months.

Excerpts from Loveman's exchanges with reporters on internet gambling were: "In the Internet space, Caesars Interactive Entertainment acquired Bingo Blitz, further boosting our presence in the social and mobile-games market.

"We received approval from Nevada gaming regulators of our application for a license to be an operator of interactive gaming in that state and expect to begin offering play in the coming months."

“We are also encouraged by New Jersey Gov. Chris Christie's support of online gaming in his state, and anticipate having the opportunity to pursue online gaming there soon."

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