PALA INTERACTIVE PARTNERS WITH BORGATA TO OFFER NEW JERSEY INTERNET GAMING - PALA GRANTED TRANSACTIONAL WAIVER BY DIVISION OF GAMING ENFORCEMENT
ATLANTIC CITY, NJ (November 6, 2014) – Pala Interactive, LLC and Borgata Hotel Casino & Spa today announced a partnership that will bring the Pala Interactive online gaming platform to the state of New Jersey. Pala Interactive has also been granted a Transactional Waiver by the New Jersey Division of Gaming Enforcement and will soon launch a real-money online gaming platform in New Jersey featuring both casino and poker.
“We are fortunate to partner with Borgata, Atlantic City’s premier hotel, casino and spa destination, to introduce our offering to the New Jersey market,” said Jim Ryan, CEO of Pala Interactive. “We are also pleased to announce that we have been granted a Transactional Waiver by the New Jersey Division of Gaming Enforcement. Our partnership with Borgata and the issuance of the Transactional Waiver represent significant milestones for Pala Interactive in the execution of our strategy to secure a meaningful position in the U.S. regulated online gaming market.”
“As New Jersey's market-leading resort destination, Borgata is committed to enhancing our online and land-based gaming experiences through new and innovative partnerships,” said Tom Ballance, Borgata President and COO. “Under the leadership and experience of its CEO, Jim Ryan, Pala Interactive will be a welcome addition to our online network, and another positive for New Jersey online gaming.”
About Pala Interactive, LLC
Pala Interactive, LLC in an online real money and social gaming operator that was founded in 2013 in anticipation of upcoming U.S. state legislation permitting real-money internet wagering. Focused on delivering an excellent user experience to consumers through its proprietary platform, Pala Interactive plans to be a material market participant in the US regulated online gaming market. The Company’s majority shareholder is the Pala Band of Mission Indians, which owns and operates the Pala Casino Spa and Resort in Pala, California.
About Borgata Hotel Casino & Spa
Located in Atlantic City’s Marina District, Borgata Hotel Casino & Spa features 2,000 guest rooms and suites; 161,000 square feet of gaming; 182 gaming tables; 3,094 slot machines; an 80+ table poker room; 10 retail boutiques; 5 acclaimed fine dining restaurants by renowned chefs; 9 casual dining options; a 54,000 square foot spa; 70,000 square feet of event space; 4 signature nightlife experiences; and parking for 7,100 cars. The market-leading resort also features Atlantic City's first cosmopolitan hotel experience, The Water Club at Borgata, with 800 guest rooms and suites; a 36,000 square foot spa; 18,000 square feet of meeting space; 6 designer retail boutiques; and 5 heated indoor and outdoor pools. Borgata also offers online gaming within the state of New Jersey through its real-money gaming sites, BorgataCasino.com and BorgataPoker.com.
For more information on Borgata or to obtain a copy of this press release, please visit www.theborgata.com or twitter.com/BorgataAC.
For more information on Borgata Hotel Casino & Spa, please contact Liza Costandino (609.317.7759; email@example.com) or Brian Brennan (609.317.7160; firstname.lastname@example.org).