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Excitement growing for Atlantic City Nj Gambling Bill
Posted by Lenny S on 12.12.10 - Unanimous approval of Lesniak bill could see an Assembly vote on Monday December 13
The continued progress of Senator Ray Lesniak's bill legalising online gambling in the state of New Jersey continues to generate excitement that the industry may be about to witness a major breakthrough...a US legalisation initiative at state level that may be followed by other state governments.
The bill has already been passed by the state Senate, and the unanimous approval of the bill by the Assembly Regulatory Oversight Committee on Friday clears the way for an Assembly vote, with political analysts indicating that the desire to get this done could see it on the Assembly floor as early as Monday December 13. Forty one votes are all that is needed to pass.
After that, only Governor Chris Christie's vote - and a 45 day deadline - stands in its way. Although concerned about the implications of the bill and its insistence on state's rights for passage, the governor has indicated that he has no "philosophical objections" to its intent.
Lesniak's Bill S490 will permit the land casinos in Atlantic City to offer online casino and poker games exclusively to residents of New Jersey, generating additional revenue streams and tax income for the state through a 20 percent of gross gaming revenues taxation provision.
The Interactive Media Entertainment and Gaming Association (iMEGA), has been closely involved in the drafting process of S490 and is on record as claiming that an intra-state internet gambling business could generate up to $250 million and $55 million in taxes on an annual basis. H2 Gambling Capital has also taken a bullish outlook, predicting that annual casino gross win of up to $290 million and poker gross win of $270 million could be achieved within five years.
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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