New Jersey Taking Last Shot at Online Gambling
02 January 2012
State Sen. Raymond Lesniak wants one more chance. On the heels of the U.S. Department of Justice clarification that in-state online gambling will not violate the current Wire Act, Lesniak is pushing for a bill legalizing online gambling in his state of New Jersey.
His goal is to have a bill on Governor Chris Christie’s desk as early as next week. He wants to New Jersey to take advantage of this new ruling quickly and become the national leader in online gambling. A feat that is also on the mind their nearest competitor, Nevada.
“We can be the Silicon Valley of Internet gaming,” said Lesniak, a Democrat from Elizabeth. “It’s the wave of the future. It’s going to come and we can be in the lead on it.”
This is not the first time New Jersey has had a bill on the desk of their Governor. The last one in March was vetoed by Christie. There are still a lot of questions about this push however as it is not clear if there is enough support in the Legislature to get this done and if there is, will it get vetoed again or not.
This bill is the same one Lesniak got through last time.
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article