Paddy Power confirm license application in NJ

[corner-ad id=3]Irish based bookmaking firm Paddy Power has ensured it will not miss out on the growing potential for online gambling in the US by applying for a license to enter the New Jersey online gambling sector too. The company has already successfully applied for a Nevada license but has yet to progress with any project their or partner with a land based gaming operator.

Analysts’ believe New Jersey could be valued at €300m-ayear to online gambling companies involved there so Paddy Power are keeping their options open with entering the sector.

“We want to make sure that we’re in place and ready,” said communications director Paddy Power, the son of company founder David. “We have applied for the license to be in there, and we’ll then see what is viable. We’re putting ourselves in position.” The company has a small team on the ground with Eamonn Toland as president of gambling and casinos in North America with a brief to identify opportunities there.