New Jersey Bill Would Allow Online Poker SharingLegislation Would OK Equipment Outside Of Atlantic City |
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As anticipated, a bill has come forward in New Jersey to help boost the state’s online gambling winnings.
The legislation, Senate Bill 3536, would change the rules regulating the equipment needed to facilitate the state’s four-year-old online betting industry. Under current law, internet casino gaming equipment in New Jersey must be located within Atlantic City.
The Division of Gaming Enforcement currently can permit the acceptance of wagers from gamblers outside of New Jersey, as long as regulators determine that the gambling is not inconsistent with federal law or the law of the other jurisdiction. But the servers must be within Atlantic City. This fall, New Jersey announced that it will soon be linking up with Nevada and Delaware for online poker in order to boost player pools. New Jersey’s population is about nine million, while Nevada and Delaware have nearly four million combined.
So what the bill would do is allow regulators to permit the internet casino equipment to be located outside of Atlantic City if the DGE “deems it necessary to facilitate the conduct of international internet wagering.” Approving equipment outside of the seaside gambling town would have to “increase the economic benefit” of online gambling to Atlantic City.
New Jersey has been in talks to share players with the United Kingdom for over a year. The idea is to keep New Jersey’s booming internet betting industry growing. Revenue through October was $204.2 million, up 26.7 percent compared to the same period in 2016.
According to the legislation, which comes from Democratic State Sen. Ray Lesniak, internet gaming has generated about $1 billion in economic output since the online casinos launched. More than 3,000 jobs were created, according to the bill, which sits with the Senate State Government, Wagering, Tourism & Historic Preservation Committee for consideration.
The legislation was introduced just days before New Jersey provided oral arguments to the U.S. Supreme Court for why a 1992 federal law that prevents it from having sports books is unconstitutional. If victorious in court, New Jersey could allow sports bets over the web.
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