Atlantic City places bets on Web gaming

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A South Jersey gaming research and consulting group has teamed up with a pair of British firms to get an inside edge on an industry the group hopes will one day boom in the United States — if the practice is legalized.

Spectrum Gaming Group, in Atlantic City, last week announced the creation of Global iGaming Advisors, a partnership with U.K.-based firms H2 Gambling Capital and Gaming Edge Associates.
Joe Weinert, senior vice president at Spectrum, said the group will work with companies looking to enter the U.S. Internet gambling market.

“Legal Internet gambling in the United States is simply a matter of when and how, not if,” he said. “Companies, principally from Europe, have been amassing at the U.S. border for a number of years waiting to crack this market, as have a number of domestic gaming companies looking to capitalize when it is legalized.”

Weinert said he has no doubt legal online gaming would be successful here, as “it’s an enormous market right now, even though it’s illegal.”

– Jared Kaltwasser