Another Push for NJ Online Gambling
11 November 2010
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.
According to supporters of Lesniak’s bill, nearly half of all residents of the state already play poker online. OF course, if his bill goes through, it would make New Jersey the first state to legalize playing of these casino games online.
Sen. Lesniak proposes that poker, baccarat, and other classic casino games could be played online by residents of New Jersey while they are residing in the state’s borders. While the state would collect 20% of the annual gross revenues which would currently be more than double what the Atlantic Casinos do.
A lobbyist for the bill, William Pascrell III, has said that with the current state of gambling in New Jersey (AC casinos as well as horse racing in the state are really struggling) and the economic condition within the state, that this would be the perfect time to address online casino gambling. Proceeds could be split, according to Pascrell III, between the state treasury and subsidizing horse racing as well as it helping the land based casinos.
According to Pascrell III, about 4-5,000 immediate jobs would be created and;
“New Jersey could become a global mecca for Internet gaming.”
Monday, a state Senate committee is set to review this bill along with others concerning the horse racing and casino industries in New Jersey. Votes are expected by the end of the year.
01 February 2017US Attorney General Pick Sessions May "Revisit" Online Gambling
One of the most important pieces of legalese that has come down in the United States for online gambling in the United States was a 2011 opinion about the Wire Act of 1961. The Wire Act was previously used as evidence that online gambling is illegal in the United States (and is the other major US law affecting online gambling from the UIGEA).Read full article
10 January 2017Virtual Reality Online Casinos in 2017
If you go back a couple of years, Microgaming was the first company to present a virtual reality casino game that included current technology. It was a roulette game shown at industry trade shows, and it got a tremendous reception. A lot of players thought that smartwatch apps were going to be the next big thing for the online casino industry, but instead, it's virtual reality, or VR for short. How VR Online Casinos Work There are two main components of a virtual reality casino.Read full article
31 December 2016Net Entertainment Enters Bulgaria
Net Entertainment has made a lot of news in 2016 for entering newly regulated markets. With the year winding down, no one really expected news of yet another entry like this, but they pulled it off. In the last couple of weeks of the year, this company has entered the Bulgarian market thanks to a deal with National Lottery Bulgaria, the single-largest gaming operator in the country. Details on This RelationshipRead full article