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Advantages of New Jersey Online Gambling

Urges governor to sign new intrastate legalisation bill
 
The Poker Players Alliance action group has issued a press release urging New Jersey Governor Chris Christie to sign new intrastate legislation legalising online gambling in the state. The bill has been under consideration by the governor for the past 45 days and is subject to a deadline today (February 7).
 
The governor can approve the bill, give a conditional veto sending it back to the Legislature for specific amendments, or absolutely veto the measure, in which case the veto can be overturned only by a two thirds majority vote in the Legislature. In the unlikely event that the governor does nothing at all, the bill will automatically pass into state law.

The PPA points out that the new law provides more than just a market for online gaming – it will strengthen the state’s economy and protect children and problem gamblers.
 
For reference by the governor, the action group has published two white papers here:
 
http://theppa.org/governor-christie and www.wiredsafety.org.
 
These are the compilation of existing studies by experts at Harvard University and Wells Fargo among others, and show that the Internet gambling bill would not only bring almost 4,000 new jobs to the state ansd add millions of dollars in revenue, but represent the most effective way to keep children safe and curb problem gambling.
 
Specifically, if signed into law, the internet gambling legislation will allow:
 
Atlantic City to thrive. The bill would create almost 4,000 new jobs, raise $150 million in tax revenue. Local unions and an independent analysis by Wells Fargo all agree that online gambling will be a boon to the city and land-based casinos.
 
Problem gambling to be curbed. Study after study finds that online gambling inherently provides more and better mechanisms to prevent and combat problem gaming than are available in the offline gambling market.
 
Children to be protected. A 2010 Harvard University study found that “the best way to protect families and consumers in connection with cyber gambling is by legalizing it.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authorityís data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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