Sunday, September 7, 2014

New Jersey Considers Regulating Online Casinos



A New Jersey lawmaker is proposing letting state residents bet at Atlantic City resorts through online casinos.

New Jersey state Senator Raymond Lezniak has introduces a bill to manage online casinos. Lezniak's measure would specifically grant permission to New Jersey residents to gamble at the Internet.

The casinos allowed will be the licensed casinos in Atlantic City, a part of Lezniak's ongoing effort to restore the brand new Jersey gambling acene. Lezniak may be enthusiastic about efforts to legalize sports betting and regulate online poker.

The suggested law will require servers to be located within Atlantic County, either on casino property or in a safe location operated by an Atlantic City casino. All casino games legal at Atlantic City resorts can be available, including poker.

The bill would allow residents to ascertain an account after which play at online gambling either from personal computers, or at terminals to be located at state racetracks, giving both racetracks and casinos an opportunity to successfully pool customers. The terminals could also be virtually similar to slot machines.

Lezniak would create a regulatory Division of Internet Wagering under the Casino Control Commission, which might watch over the brand new industry. Taxes can be set at 20 percent of gross revenue from the net casino gambling.

Despite the U.S. Department of Justice defying courts and asserting that each one online gambling is illegal, New Jersey joins a slew of states debating plans to run Internet gaming inside state borders, including Maine, California, and Florida. Illinois already operates legal and controlled online gambling.

Published on January 17, 2010 by TomWeston


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