Bwin.party, Sportech Licensed in New Jersey

The New Jersey Division of Gaming Enforcement has officially licensed bwin.party for online gambling in the state. Regulators also approved a license for Sportech Racing.

Bwin.party has received full licensing by New Jersey gaming regulators to conduct online gaming in the state.

The company was one of the first to offer online gaming in November 2013 under a conditional waiver from the state Division of Gaming Enforcement.

Bwin.party operates New Jersey’s market leading online gaming platform that supports the Borgata Casino, Borgata Poker and PartyPoker brands.

“Receipt of our full license in New Jersey marks an important milestone for our US business,” Norbert Teufelberger, CEO of bwin.party said in a press release. “We believe that the path to regulation across the United States is inevitable and we expect that other states will soon follow.”

Sportech Racing has also received a full casino license from the DGE.

Sportech processes New Jersey wagering at racecourses, off-track betting facilities, Atlantic City casinos and through the state’s only sanctioned “advance deposit wagering” service.

“We are delighted to have been awarded our license in New Jersey, which we believe is among the first, if not the first, to be acquired there by a European gaming group,” said Ian Penrose, Sportech chief executive. “It is viewed as a ‘Gold Standard’ in licensing in the sector globally, and is an endorsement of our standards of operations and the qualifications of our directors and senior employees. I thank all those who have been involved in the process to help us get to this point, and look forward to building on the opportunity that this license award presents to Sportech.”