Online Gambling in New Jersey has Already Generated $90 Million

Written by:
Aaron Goldstein
Published on:
Apr/08/2013
Online Gambling in New Jersey has Already Generated $90 Million

John Brennan of The Record pointed out an interesting fact this past weekend. 

Bookmaker-2500-091412A.jpg

New Jersey, which last month legalized online gambling, has already generated a massive windfall from the activity: $90 million to be precise.

For those of you scratching your heads asking "How?" when it doesn't appear any gambling sites have yet to launch, you are not living in a parallel universe. 

That’s because, all along, the Garden State has allowed gambling on the Web. 

These bets were taken on various horse races within the states, all legal based on federal legislation that allows for horse wagering on the Web. 

Brennan notes that a recent survey shows only 10 percent of those living in the state were aware such websites existed. 

The Unlawful Internet Gaming Enforcement Act (UIGEA), passed in 2006, made most forms of online gambling illegal in the US.  Horse racing, Fantasy sports betting and state lotteries were exempt from this law. 

New Jersey recently announced that, in addition to being able to offer real money online casino and poker, Atlantic City casinos will also be permitted to take bets on Fantasy Football, Baseball and other sports

- Aaron Goldstein, Gambling911.com

Gambling News

Seminole Hard Rock Hotel & Casino Guest Hits Over $2.3 Mil Jackpot With $3 Bet

Seminole Hard Rock Hotel & Casino Guest Hits Over $2.3 Mil Jackpot With $3 Bet

One lucky guest at Seminole Hard Rock Hotel & Casino Hollywood is going into the holiday season a big winner. A local South Florida resident hit a jackpot for $2,302,052.55 on the Scientific Games’ “Twin Fire Featuring Quick Hit and Hot Spot” on Tuesday, Nov. 14 shortly after 4 p.m.

Girlfriend of Las Vegas Shooter Was Left in Dark

Girlfriend of Las Vegas Shooter Was Left in Dark

The girlfriend of the Las Vegas gunman said Wednesday that she had no inkling of the massacre he was plotting when he sent her on a trip abroad to see her family.

Vegas Rolls the Dice and Comes Up a Winner

Vegas Rolls the Dice and Comes Up a Winner

This was a sight no self-respecting bookie in this gambling town would have ever laid odds on seeing.

Top Pay Per Head Bookie Software Offers High-Quality Software Services

Are you a bookie? How do you manage your work?

It’s Time Bookies To Dropped Their Old-School Practices

It’s Time Bookies To Dropped Their Old-School Practices

If you are the kind of bookie who started work when people were pen and paper or pencil and pad, you are the very person this write up is meant.

Syndicate