GameCo announces gaming license in progress with Division of Gaming Enforcement in New Jersey

The firm now has an active account in an effort to secure its position as the first skill-based gaming company to hit casino floors.

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GameCo is in the final stage of selecting a partner for its initial launch in New Jersey

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GameCo committed to New Jersey as the first jurisdiction to launch its VGM, an arcade-style cabinet that balances player skill with game design to deliver the same return to players as traditional slot machines.

GameCo's VGM, currently scheduled to debut in 2016 is poised to be the world's first introduction to skill-based video game gambling in casino properties.

The launch of GameCo's VGM will be supported by esports events, tournaments, and game publisher marketing that will benefit casino partners in attracting a new audience of Gen X and Millennial gamers. GameCo is in the final stage of selecting a partner for its initial launch in New Jersey.

"We are excited to launch our VGM in New Jersey casinos this year," said Blaine Graboyes, CEO of GameCo. "The New Jersey Division of Gaming Enforcement has been extremely supportive of our endeavor to attract the next generation of gamers to the casino floor. We are confident the VGM will provide Gen X and Millennial gamers with an engaging opportunity to gamble playing video games at the casino," he continued.