..

New Jersey Senate Also Approves Internet Gambling Bill

Written by:
C Costigan
Published on:
Nov/22/2010
New Jersey Internet Gambling Bill

In addition to a sports betting bill, the New Jersey Senate on Monday approved a bill that would allow Internet gambling by New Jersey’s nearly 9 million residents, as well as people from outside the United States.  “Sophisticated software” housed on servers in Atlantic City casinos would ensure gamblers from the other 49 US states cannot gamble online, according to Sen. Ray Lesniak (D-Union), who authored the bill.

Earlier in the day, a resolution was passed by the Senate Economic Growth Committee calling for a referendum that would allow residents to vote on legalized sports betting in the state next November.

Another bill will allow for casinos to operate in hotels with a minimum of 200 rooms, down from the 500 room requirement. 

The Associated Press reports that the bill “also provides for a second new casino to initially open with 200 rooms, and expand to 500 rooms within five years. The Seminole tribe of Florida, through its Hard Rock franchise, plans to build such a casino on the Atlantic City Boardwalk if the bill becomes law.”

All indications are that Governor Chris Christie will sign off on the legislation. 

Proponents for legalized sports betting in the state have suggested that legalized online sports betting and poker in New Jersey would result in1,900 jobs, $250 million in annual gross gaming revenue and up to $55 million in annual state gaming taxes.

- Christopher Costigan, Gambling911.com Publisher

Gambling News

Betfair - the advantages of a large betting exchange

Betfair - the advantages of a large betting exchange

If you are looking for an online betting marketplace, Betfair is the place to be. It is the first international platform of its kind, which is quite large and has numerous benefits for users.

Maine sports betting legalization falls through

Maine sports betting legalization falls through

Maine was hoping to see the changes in its existing betting regulations, with the preposition made during the 2020 legislative session that would have finally legalized sports betting in the state.

Wilder-Fury 2 Will Likely Be Most Bet on Event of the Year

Wilder-Fury 2 Will Likely Be Most Bet on Event of the Year

An early analyses of the interest in Saturday's rematch between Deontay Wilder vs. Tyson Fury suggests a historic betting event could be underway.  Bars and pubs across the world are likely to be packed wall-to-wall and most folks will want in on the action by placing a wager via their mobile device.

Chinese Hackers Have Breached Online Betting and Gambling Sites

Gambling and Sports Betting News February 19, 2020: Chinese Hackers Have Breached Online Betting and Gambling Sites

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday February 19, 2020.

Can I Bet on FanDuel From Maryland?

Can I Bet on FanDuel From Maryland?

FanDuel is not available from the state of Maryland.  Sites like Bookmaker, in business since 1986....

Syndicate