New Jersey approves new Online Gambling Legislation

Submitted by Joseph on Fri, 06/04/2010 - 18:13
Atlantic City Boardwalk

Atlantic City Boardwalk

Senators in New Jersey have approved a new gambling bill, which, if put into practice, would legalise online gambling in the state. The Senate voted three to one on the bill, which would allow casinos in New Jersey cities, such as Atlantic City, to also offer online casinos. Senator Ray Lesniak suggested that they would be able to set the network up, without violating federal laws. At the moment, online gambling legislation in the United States suggests it’s illegal for companies which don’t have a license in the country to operate an online casino. However, as casinos in New Jersey have already obtained licenses, they would be able to set up their own online casinos which would provide games to residents in New Jersey.

The Senate has proposed that the online casinos would only be available to New Jersey residents. The bill put forward by the Senate also went on to note that procedures would be put in place to stop underage gamblers and those outside the state being able to wager on casino games. The Interactive Media Entertainment and Gaming Association (iMEGA) has suggested that if online casinos were legalised in New Jersey, they would bring in revenues of up to $55 million a year for the state. Casinos in New Jersey would also profit from the legalisation, as gross gaming yield would increase to an annual rate of up to $250 million.

If you have an opinion on legalising online gambling in New Jersey, then we’d love to hear from you. Whether you believe allowing residents access to online casinos could prove to be either a good thing or a bad thing, we’d like to hear from you, so make sure to leave a comment.

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