..

New Jersey Asks Trump Not to Ban Internet Gambling

Written by:
Guest
Published on:
Jan/27/2017

ATLANTIC CITY — (Associated Press) - A New Jersey legislator is asking President Trump and Congress not to ban internet gambling.

Online betting has been one of the few bright spots in New Jersey’s gambling industry, and helped lift Atlantic City’s seven casinos to their first revenue increase in 10 years in 2016.

But Trump’s nominee for Attorney General, Jeff Sessions, said during confirmation hearings he’d like to take a second look at a Justice Department ruling that cleared the way for internet gambling in New Jersey, Nevada and Delaware.

Assemblyman Vince Mazzeo introduced a resolution Monday calling on the president and Congress not to outlaw online betting, citing the good it has done for the state’s struggling gambling industry. The resolution has no legal force on Trump or Congress.

Scroll down for more..

Responding to a question from Republican Sen. Lindsey Graham of South Carolina, Sessions said he wants to take another look at the Justice Department decision in 2011 that internet gambling that did not cross state borders would be permissible.

“I would revisit it and I would make a decision about it based on careful study,” Sessions said.

That immediately set off alarm bells in New Jersey, where internet gambling revenue rose by more than 32 percent last year to nearly $197 million. New Jersey is by far the largest online market among the three states that offer internet gambling.

It began in Nov. 2013 as a way to help Atlantic City’s struggling casinos. Since then, it has grown at a steady pace, and provided extra revenue that last year meant the difference between an up year and a down year in terms of the amount of money won from gamblers.

In an interview last September with The Associated Press, Trump, who was then the GOP presidential nominee, would not take a position on internet gambling, saying he has many friends on both sides of the issue.

But one of the main financial backers of the president, who is a former Atlantic City casino owner, is Las Vegas Sands chairman Sheldon Adelson, who has been pushing a national ban on internet gambling for years. Adelson said in 2013 he is willing to spend “whatever it takes” to enact a ban on internet gambling.

Democratic state Senator Raymond Lesniak predicted New Jersey would sue the Justice Department if it reversed course on internet gambling.

Gambling News

How Difficult is Sports Betting Math

 

Learn the numbers behind sports betting and how it works. What are the chances of winning? How do you break even?

Pete Rose Becomes New Spokesperson for VegasWinners.com

Pete Rose Becomes New Spokesperson for VegasWinners.com

Reno, NV, VegasWINNERS, Inc. announced today that Baseball’s all-time hits leader Pete Rose is back in the spotlight as spokesperson for VegasWINNERS national marketing campaign. VegasWINNERS.com provides sports betting enthusiasts with high quality analysis, research, data, guidance and professional advice.

3 Gambling Myths Explained

Gambling has been a part of mass culture since the 6th century BC.  In all that time, there have been a large number of gambling myths that have sprung up.

Gambling for Real Money in Australia - Is It Legal and Profitable?

Gambling for Real Money in Australia - Is It Legal and Profitable?

It seems impossible to play and earn money when every penny comes from hard work and diligence. But thanks to online gambling Australia, you can succeed after a few bets. If you do not want to risk your investments, then this method is not for you.

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts believe that huge holes in state budgets due to the coronavirus pandemic and the demonstrated eagerness of fans to bet on sports are likely to spur a further expansion of sports betting and online casino gambling.

Syndicate