New Jersey Regulators Welcome Skill-Based GamblingPublished October 20, 2014 by Lee R
New Jersey has made it's market extremely attractive for skill-based game offerings.
The NJ Division of Gaming Enforcement (DGE) is accepting applications for skill-based casino games.
Less Regulation, Faster Licensing
The authorization for skill-based games approval comes with an expression of eagerness by the DGE to receive skill-based game applications. Social and skill-based games have proven to have particular appeal to the new technology-oriented generation of players. As a result, regulators and operators alike have sought ways to integrate this type of play on a larger and larger scale into the casino wagering environment.
Also: Shorter Wait Times for Applicants
The announcement was particularly encouraging because of the accompanying mandate New Jersey regulators are equipped with to cut down the wait time between application and licensing.
As a test product, skill game products fall under a New Jersey statute that pending approval would put the games on the casino floor within 14 days. As a result, DGE Director David Rebuck proudly boasts that the state of New Jersey is the fastest in the country to market electronic gaming equipment.
Roebuck promises, “Bring your innovative skill-based games to New Jersey, and we will work with you to get them approved quickly.”
While New Jersey is seeking increased revenues from online gambling regulation, the new opportunity is extended to both land-based and online skill games, to be sure.
Skill-based Games: Wave of the Future
However, the skill-based experience is commonly accepted as more adaptable and complementary to an online or online/live hybrid environment, as opposed to a traditional slot machine casino floor modality.
Examples of skill-based games which have become favorites include Candy Crush and Words With Friends, popular because of their mobile, incremental style of play. Greater acceptance and implementation of skill-based games to meet the interests of new generation of players is a trend which is sure to continue, and New Jersey regulators just put themselves in prime position to harness those benefits with the new announcement.