New License Allows GameCo To Provide Esports Betting, iGaming, and its Patented Video Game Gambling Machines (VGM™)
LAS VEGAS, NV – July 29, 2020- GameCo LLC, creator of the world’s first Video Game Gambling Machine (VGM™) and pioneer of the new casino experience designed to attract and monetize Gen X and Millennial players at retail and digital casinos, is proud to announce approval by the New Jersey Division of Gaming Enforcement for a Casino Service Industry Enterprise License. The company is now able to bring its diverse portfolio of esports betting, skill-based iGaming, and Video Game Gambling™ products to New Jersey casinos and sportsbooks.
New Jersey has been a pioneering jurisdiction in the expansion of gaming for sports and betting, iGaming, and land-based innovation. GameCo launched the first-ever skill-based Video Game Gambling Machines (VGM™) in New Jersey casinos in 2016. This new licensure builds on GameCo’s focus of innovation to bring new, different products and experiences to land-based and digital casinos.
In addition to land-based Video Game Gambling™, GameCo plans to bring their unique, full-service esports betting solution to New Jersey casinos and sportsbooks. In April 2020, GameCo announced a partnership with Berlin-based GRID, the premiere esports data platform, to offer the leading data solution for esports betting. GameCo now provides an unrivaled turnkey esports betting solution including the frontend platform, data, odds, and trading for regulated esports betting – an industry estimated to generate about $17 billion in wagers in 2020.