NJ Casinos Rush for Licenses To Take Advantage of Online Gambling

It'd be better unlicensed, of course

Caesars Entertainment (CZR) and 11 other Atlantic City casinos have begun the process of getting Internet gaming permits ahead of a Sunday deadline set by New Jersey regulators.

They're part of a rush to get in on the ground floor as online gambling gets ready to go mainstream nationwide.

New Jersey will in November be the third state to launch statewide online poker and other gaming, after Nevada and Delaware.