New Jersey Online Gambling Legislation Passes
11 January 2011
It’s official! New Jersey becomes the first state to approve an online gambling bill within its state borders. The Assembly vote as well as the Senate vote was close to unanimous with votes of 63-11 and 34-2 respectively. This bill allows for online poker as well as popular casino games to be played online in New Jersey.
Supporters of the bill are excited that New Jersey will be the first state in a position to grab a piece of the online gambling market in the U.S. Decenters however are still worried that the new law will put the state on a collision course with the government if it decides they are in violation of federal law.
Democratic sponsor Sen. Raymond Lesniak gave a lot of credit to his co-sponsor Republican Sen. Joseph Kyrillos and commented that this bill, as told by the voting margin, had bi-partisan support. Lesniak also expects this bill to boost casino revenue by $100 million and would create 500 jobs within the state.
Now all it needs is a signature by Governor Chris Christie. According to Anthony Singer, CEO of High 5 games,
“We are optimistic that Gov. Chris Christie will sign this important piece of legislation into law to revive the state’s gaming industry. This law will allow our state’s gaming industry to thrive, creating more jobs and much needed tax revenue for the people of New Jersey.”
Though this is positive news for online gambling in the U.S., the impact on the industry has yet to be felt. New Jersey residents will now have easy deposit and withdrawal systems in place but will be limited to play with only other people within the state.
To what effect will this have on the big international sites like PokerStars, Fulltilt Bodog and the others that currently let U.S. online players play is still to be determined. This law may force them to pull out of New Jersey much the same way they pulled out of Washington State.
Another possible scenario is that states will partner up much like the do with the lottery systems and offer an online gambling network to all those were it is legal within the state. New Jersey should be applauded for taking the necessary steps to approve an online gambling system, now we all will have to wait and see how this changes the online gambling industry.
03 November 2015New Jersey Could See PokerStars Sooner Rather Than Later
Black Friday was an event on April 15, 2011 that put players in a position with a lot fewer options for enjoying online poker. PokerStars was one of the sites that were forced to pull out of the US in that event, and now they could be making their return to the United States by entering the regulated New Jersey jurisdiction. Nothing's for certain, but there are signs for a potential return.Read full article
03 October 2015A New License Seal is Now Required for NJ Online Sites
Something that New Jersey online gambling sites have run into is the simple fact that there are a lot of foreign operators who are still going after their customers. In an effort to help players who would be confused about which sites are licensed and which are not, New Jersey's Directorate of Gaming Enforcement will now be requiring licensed sites to show a specific seal on their websites.Read full article
04 September 2015US Plans Revealed for World Poker Fund
The laws for online poker in the United States are all over the place. Federal laws like the Wire Act and UIGEA overlap with state laws, which are different in virtually all of the 50 states, to create chaos and confusion among players. The World Poker Fund releases this, and they have announced that they're going to push for subscription-based poker sites in the United States. These plans are expected to be rolling out by the end of the year.Read full article