New Jersey Considers Legalizing Online GamblingBy: Mike Sachoff - January 18, 2010
A newly proposed law in New Jersey would allow residents there to gamble online via websites run by the state’s casinos in Atlantic City.
The bill was introduced into the New Jersey senate by Senator Raymond Lesniak (D-Union), who also introduced a separate bill which calls for New Jersey residents to vote on a constitutional amendment that would allow state-regulated sports wagering in Atlantic City casinos, and to state residents via an intra-state Internet gambling system.
New Jersey currently offers gambling on horse races to state residents through the 4NJbets.com website. The state would expand the law to permit online versions of games currently allowed in Atlantic City casinos, such as Poker, Blackjack and Baccarat. The Internet gambling system would be regulated by the New Jersey Casino Control Commission, which would establish a Division of Internet Wagering to manage operations and licensing.
Joe Brennan Jr.
"We’re happy that New Jersey has taken this issue into their own hands," said iMEGA chairman Joe Brennan Jr.
"New Jersey is recognized as having the toughest gaming regulators in the US, but as a leading gaming state with a long track record of doing things the right way, Internet gambling will have a great home here and the opportunity to begin normalizing the industry."
The iMEGA says it supports efforts in Washington DC by Representative Barney Frank (D) in the House and Senator Robert Menendez (D) in the Senate, to create a Federal path to regulation, the association worked with New Jersey legislators on the bill to establish continued progress toward regulate internet gambling in the U.S.
"The efforts to resolve the Internet gambling issue have stalled in Washington DC," Brennan said.
"If states assert their right to regulate gambling within their borders and take a serious look at permitting Internet gambling, one side effect may be a breaking of the deadlock in the US Congress."