[toc]TEN Atlantic City has its sights set on getting into the business of real-money NJ online gambling eventually, according to a report from The Associated Press.
TEN AC and an online casino?
Let’s be clear: We’re not that close to another online casino opening up in New Jersey under the TEN AC brand.
There are a lot of hurdles to be cleared before that happens; namely, the shuttered resort formerly known as Revel would need a gaming license of any sort first.
But the yet-to-be-reopened property just launched a social online casino — with no real money being wagered — earlier this month. That appears to presage a coming real-money NJ gambling site.
The casino license problem for TEN AC
The casino license has been a problem for TEN AC owner Glenn Straub for some time now.. He has fought back against the notion that he needs to get a casino license at all; instead, he says the third party that will operate the casino for him should have to do so. (That would be Connecticut developer Robert Landino.)
State regulators, thus far, have said Straub himself needs to get one.
More from the Associated Press on the prospects of TEN getting an internet license:
Neither man has applied for an internet gambling license. But Straub says he expects Landino will do so.
“It’s going to be a full-blown casino,” Straub said late Monday. “If everyone else is doing (internet gambling), he’ll do it.”
When asked by the AP if he would not the one to apply for such a license, Straub said, “Hell no.”
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What’s next for TEN AC?
The casino resort remains largely in limbo, as it doesn’t have many of the permits it needs to open, with or without gambling.
But the real possibility remains that TEN AC starts a real-money online casino before it opens its physical doors. At this point, nothing in the saga of TEN would surprise anyone.