Betfair moves N.J. online gaming operation to Golden Nugget Atlantic City

JERSEY CITY, N.J. -- (PRESS RELEASE) -- Betfair, one of the world's leading online gaming operators, has moved its online gaming operation to the Golden Nugget Atlantic City.

Under New Jersey law, online gaming operators such as Betfair must operate under the Internet gaming permit of a land-based casino in Atlantic City. As a result of this agreement, Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit.

"We are very excited to move our operations to Golden Nugget Atlantic City, one of the premier resort destinations in New Jersey. With this relationship, Betfair - New Jersey and Golden Nugget are well positioned to accelerate growth in 2015 and beyond," Don Ryan, Senior Vice President of Gaming for Betfair US said.

"We welcome Betfair to the Golden Nugget. The combination of our complementary brands will allow Golden Nugget Atlantic City to cater to an even larger demographic of N.J. online players," said Thomas Winter, Vice President of Online Gaming for Landry's Golden Nugget.

GoldenNuggetCasino.com and BetfairCasino.com have both recently outpaced the overall online casino market in New Jersey, their combined market share reaching 25% in October.

Regulatory approvals permitting, BetfairCasino.com plans to operate under the Golden Nugget's Internet gaming permit beginning on November 21st.