Another Push for NJ Online Gambling

11 November 2010

Newspaper

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.

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