New Jersey Online Gambling Bill Passes Step Two
10 December 2010
In hopes of reviving the state horse racing industry and boosting the revenues of the Atlantic City casinos, there was almost a dozen bills that legislators voted on that drew bipartisan support Thursday as they are trying to send as many bills to the desk of Governor Christie’s by years end as possible.
The Assembly Regulatory Oversight and Gaming Committee Assembly voted to approve a bill that would make New Jersey the first state to legalize online gambling in the United States. This bill has already passed the state Senate and now can head to a full assembly vote as soon as Monday.
According to State Sen. Ray Lesniak, D-Union,who is the lead supporter of this proposal, the bill will not break the federal restrictions on gambling due to the fact that only New Jersey residents while within the state borders would be allowed to gamble online.
This is slightly different to the original bill that would allow for foreign residents to also gamble. There was an amendment to the original that dropped this provision out of concern that it would complicate the federal government stance with the World Trade Organization.
Initially there will be a 15% tax on internet revenue. This money would be used to supplement declining horse racing purses. According to Lesniak, “This bill would create a bridge to self-sufficiency for the horse racing industry.”
So after years of talking, trying and failing, it seems now there is some sort of race to see who can be the first state to allow online gambling in the U.S. as well as Senator Reid trying to push through a federal bill legalizing online poker.
15 May 2010Poker Player Alliance to Rally in Olympia
Lee Rousso, the Poker Players Alliance Washington State’s Director is trying to overturn a Washington State law that makes playing online poker a Class C felony; a Class C felony is equivalent to child pornography and heroin possession. Rousso’s argument is that the law violates the Commerce Clause of the United States Constitution.Read full article
01 June 2010California Voting Today on Legalizing Online Poker
California is in a financial bind. It is staring in the face of a $19 billion budget shortfall by the end of this fiscal year (2011). The urgency in producing revenue in the state can be reflected in the introduction of a SB 1485 Friday that will authorize the creation of an online poker system within California.Read full article
02 June 2010Hop-On Inc Seeking Licensees in California for Online Gaming Software
Hop-On Inc , who’s patents for GSM and CDMA technologies have resulted in license agreements with some of the biggest names in cell phones such as Qualcomm, Motorola, Ericsson, and Nokia to just name a few, has announced today in a press release that they will be seeking licensees for their gaming software for California.Read full article