New Jersey's Online Gambling Bill Gets Praises
14 January 2011
The advocate group Safe and Secure Internet Gambling Initiative issue a press release in which it applauds the state of New Jersey for its recent approval of intrastate online gambling. Though it has passed the both legislative branches in the state it still has one more hurdle before it becomes law, the Governor Christie has to sign it. The governor has yet to speak publically about where he stands on the issue so is strong opinion on both sides whether he will sign the S 490 bill or not.
Most are positive that it will get signed and many online gambling advocates that are giving praise to New Jersey. The executive director of the group Michael Waxman said in the press release:
We applaud the New Jersey legislature for adopting legislation to regulate and control Internet gambling activity, creating a common-sense framework for protecting consumers, creating jobs and stimulating the state’s economy.
This vote is a positive step by creating a licensed and regulated online gambling environment with appropriate consumer protections for New Jersey residents – a much better approach than the failed attempts led by the federal government to prohibit the activity. New Jersey will also be poised to capture new, much-needed revenue from the activity.
While it is encouraging to have a common-sense effort to regulate Internet gambling activity emanating from New Jersey, one of the leading land-based regulatory jurisdictions in the world, an all encompassing federal regime is the optimum solution for controlling the activity and protecting every American.
Once the bill becomes law, New Jersey will be at the forefront of efforts to regulate Internet gambling activity in the U.S. and will be setting an example for how regulation can work. We hope other elected leaders at the federal and state levels take notice and follow suit.
19 October 2010New Jersey Looking at Intrastate Online Gambling
While the federal government is slowing grinding away at regulating online gambling and the courts deciding that regulating online gambling will be left up to individual states to decide, several states have been trying to work something out including Florida, California and New Jersey. New Jersey Governor Chris Christie has come up with two expansions to help save the New Jersey gambling industry and hopefully help bring his state much needed revenue.Read full article
11 November 2010Another Push for NJ Online Gambling
It seems just like in Florida and California as well as some Canadian provinces; New Jersey needs to bring in some money to the state treasury. Also just like these other places they are looking at online gambling to do it. State Senator Ray Lesniak ( D-Union) bill is proposing just that, that the people of New Jersey be allowed to play poker, baccarat, and other classic casino games online.Read full article
16 November 2010New Jersey One Step Close to Online Gambling
On Monday, New Jersey came one step closer to regulating online gambling within the state. State Senator Ray Lesniak’s bill passed the Senate Budget and Appropriations Committee by an overwhelming 10-1 vote and now will become considered by the full Senate. S-490 would allow Atlantic City casinos to offer online versions of their games. The bill is aimed to help support the states horse racing and casino industries who have had trouble making it in these troubled economic times.Read full article