New Jersey, California Race to Legalize Internet Gambling

Written by:
Aaron Goldstein
Published on:
Dec/13/2010
Internet Gambling New Jersey

With the worldwide Internet gambling market generating some $330 billion, US states the likes of New Jersey and California are looking to legalize the activity within their own borders.

The New Jersey Assembly's Regulatory Oversight Committee voted unanimously on December 9 to allow Internet gambling, including sports betting and poker, for the state’s nearly 9 million residents.  That number does not include the significant out-of-state workforce capable of betting from New Jersey in expansive border cities like Jersey City, where a number of New York-based firms have moved in recent years. 

Designated as S-490, the New Jersey gambling bill sponsored by State Senator Raymond Lesniak (D-Union) was expected to pass the full Assembly today (Monday, Dec. 13), though a delay has since been announced.  It would then become law next month unless Governor Chris Christie pulls out his veto pen.  Christie has not supported an effort to legalize Internet gambling in the state, but cites “lack of prioritization” as the reason. 

Web-based betting establishments would operate from Atlantic City.  The state estimates it can take in from $250 to $250 million within 5 years and create hundreds of new jobs.

Meanwhile, on the opposite coast, California is rushing to legalize online poker. 

Two bills are currently under considering, including one that would allow up to three licensed operators to provide online poker to the state’s nearly 37 million residents. 

Senator Lou Correa has also authored a bill that is being embraced by some of the state’s leading Indian casino operators.

- Aaron Goldstein, Gambling911.com

Gambling News

Maine Vote on Sports Betting Coming Shortly

Maine Vote on Sports Betting Coming Shortly

Maine legislators say they are 95% there but it is the other 5% they need to hash out, at which point sports betting could soon become a reality in the New England state.  Seven bills have been reduced to one.

Become a Bookie

How to Become a Bookie From Scratch

Becoming a bookie isn’t as difficult as you may think. In this guide, I will assume that you are starting from scratch and provide you with the steps to get started. There’s a lot to learn if you want to run a successful operation, but I don’t want to overwhelm anyone.

Sports Betting News: Disney Now Owns Share of Draftkings?

Sports Betting News: Disney Now Owns Share of Draftkings?

One small part of the massive deal between the Walt Disney Company and 21st Century Fox included the stake in daily fantasy sports and sports betting company DraftKings, Legal Sports Report confirmed on Monday.

Sports Betting Forums: Top Discussions

We tap into the hottest discussions on the sports betting forums and social media.  Hot now: Disney Takes Stake in Draftkings, Negreanu Talks Game of Throne Finale, Bitcoin Profiled on 60 Minutes, More

Holzhauer Returns

Top Gambling Stories: Holzhauer Returns, High Court Ends Kenya Gambling Ad Ban

One of the most prolific gambling and sports crazed nations, Kenya, will no longer ban gambling ads, at least for now, and professional sports betting Holzhauer returns to Jeopardy Monday

Syndicate