888 Joins New Jersey Sports Betting

Written By Janice Doughtrey

888 holdings operator has debut a sports betting site in the betting market in New Jersey. The 888 holdings launched the 888 Sport NJ on Monday morning. The 888 is currently being powered by Kambi, which is the company’s sportbook provider in the regulated markets and for the Draftkings Sportsbook and Play Sugar House Sports both New Jersey Online Sportsbooks. You can find the book as a mobile sports betting app for those using either iOS or the Android powered devices. Both the play Sugarhouse and the Caesars NJ Sportsbook have integrated their respective sport books in their operating online casino platforms, while the 888 is existing on a separate site.

All the account based information and also balances shared on the operator’s sports verticals, casino, and poker. The book features the different ways of cashiering such as PayPal, credit cards, ACH Payments, PayNearMe and Neteller. 888 sports New Jersey have broken the record by being the only online gambling industry which is present in three states which include the Nevada New Jersey and Delaware. The company also has a plan to extend its products to Pennsylvania in partnership with the Mount Airy Casino for iGaming. Last October, Pennsylvania made it legal to bet on sports allowing its people to participate in online gambling.

The 888 is licensed to carry out its online gambling by the Caesars Entertainment. According to the CEO 888 Holding’s Mr. Itai Frieberger, the launching of the 888sport.com in New Jersey is a major achievement for the company’s efforts to expand its products on the online gaming market of the United States. All through, the 888 has remained committed to working towards developing from its current position in the United States, since it was launched in Nevada. He added that the 888 has maintained the focus towards capturing possible growth opportunities in feature with the platform offered by the new regulations put in place.

The major difference between the other Sport betting apps compared to the 888 Sport NJ is the number of markets offered by the 888.Being powered by Kambi, 888 will offer similar innovations as those found in the Play Sugar House and the DraftKings Sporsbook. Among the innovations is the cash out option which allows those gambling to cash out their bets prior to final unchangeable outcome has come to be determined. On cashing out the payout amount is based on the current play odds.

Kristian Nylen, the Chief Executive Officer for Kambi talked about the Teaser, which has promised on delivering a greater value to the bettors, compared to the traditional teaser bets. He said that when they put into consideration on the manner in which the market priced the teaser, they realized that with the expansion of the industry, the process involved did not change neither did it keep changing with the changing technology. Therefore, due to the above problem, this prompted them to identify and implement a better way in which the bets could be offered.