Betfair will have restricted participation into the Trump Plaza shutdown, and is scrambling for the new home now.
Also as Trump Entertainment Resorts (TER) filed for bankruptcy protection this week, on line gaming operator Betfair’s involvement in the shutdown proceedings of the Trump Plaza became more twisted. That’s because the Internet gambling provider could also soon be homeless.
Trump Plaza’s moms and dad, Trump Entertainment Resorts, simply filed for bankruptcy protection on Tuesday of this week. Betfair had originally planned and gotten the NJDGE’s blessing to switch their host housing over to sister property the Trump Taj Mahal, however now that property generally seems to be closing in mid-November as well, unless casino worker union wage battles are miraculously resolved during the eleventh hour.
As Atlantic City casinos continue steadily to shut, you can find number of ongoing storylines. Numerous locals are understandably worried about the immediate loss of thousands of jobs, while officials wonder in regards to the longer-term change for the city that will ideally ensure it is less casino-dependent. But another issue concerns the online gambling sites associated with these casinos, and exactly what software providers and other partners can do in the wake of the closures.
According to the NJDGE, these firms do at the very least deserve a seat at the table. The DGE has decided to allow Betfair resContinue reading