New Jersey Allows Online Gambling in Revised Bill
February 27, 2013 5:00 PM
comment(s) - last by
This plan aims to offer an Internet option to traditional gambling methods in an effort to stay competitive
New Jersey’s state Legislature approved changes to an
bill, which is expected to help struggling casinos in Atlantic City stay afloat.
The legislation – A2578 – requires that online bets be made only in the state of New Jersey. It would limit licenses to casinos in Atlantic City and force the companies to keep most of the equipment on site.
It passed the Assembly today by a vote of 68-5 and the state Senate by a vote of 35-1. Gov. Chris Christie recommended the changes to a previous gambling bill, which previously said that “any effort to expand casino gambling outside of Atlantic City must be supported by referendum.” However, Christie changed his mind and said Internet gambling is OK as long as there were economic benefits and low risk of addiction or improper influence.
A few other changes that come with the bill include an extension of existing prohibitions on casino employment for state workers and other conflicts of interest; increasing funds for programs that treat compulsive gambling; requiring elected state officials to communicate current and former connections to those looking to obtain online gambling licenses; collecting more taxes than previously proposed (15 percent of online gambling revenues as opposed to the previously proposed 10 percent), and expiring this law after a decade for review.
This plan aims to offer an Internet option to traditional gambling methods in an effort to stay competitive. A slow economy and competition from other states has hurt some Atlantic City casinos, where two may now be saved from closing (thanks to online gambling).
Just last week, the
state of Nevada legalized online poker
. Both houses of the legislature voted unanimously to pass Assembly Bill 114, which is expected to increase the customer base for the state's casinos (meaning plenty of cash).
Both houses of the legislature voted unanimously to pass Assembly Bill 114, and the bill is expected to expand the customer base for Nevada casinos and should bring in a huge influx of cash. - See more at: http://www.dailytech.com/Nevada+State+Legislature+Legalizes+Online+Poker/article29970.htm#sthash.SMkSu9lj.dpuf
This article is over a month old, voting and posting comments is disabled
What atlantic city needs
2/28/2013 3:22:29 PM
Atlantic City needs to have the harbor turned into a cruise ship terminal. AC needs to have the steady influx of passengers arriving and departing. The US could vastly enhance its east/west coast cruises if we did away with the Passenger Vessel Services Act of 1886. The forbids foreign flagged ships for stopping at consecutive US ports. Next AC needs to have a monorail to move people from the cruise ships, AC airport,convention center and the casinos. Bader field now vacant needs to have a novel form of entertainment complex added. I would like to see a virtual stadium placed there. By virtual stadium, I mean a super massive, high definition screen capable of broadcasting sports from all over the world. This would be a place that could cater to business men and if the monorail took you to it you would wouldn't have to DUI back to your hotel. We need AC to succeed as it is the last place in where lower skilled/educated workers can earn a living wage.
"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson
Nevada State Legislature Legalizes Online Poker
February 22, 2013, 9:13 AM
Quick Note: Amazon UK Offers £10 Back on Any Order £50 or Over
August 3, 2015, 12:05 PM
Editorial: Reddit Allows Itself to be Hijacked as a Hate Platform For Racist Bigots
July 21, 2015, 6:32 PM
Mozilla and Facebook to Adobe: It's Time to Kill Flash
July 20, 2015, 6:30 PM
Instagram Bans "Curvy" From Hashtag Searches, Provokes "Plus Sized" Outrage
July 16, 2015, 1:20 PM
Mozilla Promise Punctual Windows 10 Firefox Release, Teases at iOS Arrival
July 7, 2015, 3:08 PM
Netflix Announces 7-to-1 Stock Split, Eyes Explosive Overseas Growth
June 23, 2015, 8:18 PM
Most Popular Articles
Exclusive: Google's "New" Search Icon Was Created in 2008 by Russian Designer
September 2, 2015, 6:45 PM
Kentucky Man Faces up to 10 Years in Prison for Shooting Drone Trespasser
August 13, 2015, 2:58 PM
Windows 10 Hits 75 Million Users; Grows Nearly 4x as Fast as Windows 7
August 28, 2015, 10:22 PM
Microsoft's Flagship Windows10 Lumias Rumored to Pack 25 Minute Charge Times
August 31, 2015, 8:13 PM
"KeyRaider" Hits 225,000+ iPhones, Mobile Malware no Longer Just a Droid Thing
September 1, 2015, 11:50 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information