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New Jersey Again Approves Gambling Bill
December 21,2012 : NEW JERSEY LEGISLATURE AGAIN APPROVES ONLINE GAMBLING LAW
For the second time in as many years, New Jersey lawmakers send legalisation bill to the governor
The issue of online gambling legalisation is moving fast in New Jersey, with the state Senate emulating the Assembly in passing the latest Lesniak bill seeking to legalise the pastime in the Garden State.
After passing successfully through the Assembly on a 48 to 25 vote earlier this week the bill went to a full vote on the state Senate floor Thursday and passed in a resounding 33 to 3 vote.
Last year a similar bill was vetoed by Governor Chris Christie, and the ball is now back in his court, with the additional proviso in the act that he must make a decision within 45 days. Thus far the governor has given no indication of his intentions.
New Jersey is in a race with several states, including California, Delaware and Nevada, to be the first to offer intrastate online gambling products.
Just last week the federal solution to online gambling - an internet poker bill that specifically banned most other forms of online gambling - failed to progress through Congress to the frustration of senatorial authors Harry Reid and Jon Kyl...and possibly the American Gaming Association members who supported it.
Supporters of the latest New Jersey bill say that there is no reason for the Governor to veto the measure this time around; Sen.Lesniak has gone to some lengths to include amendments designed to address the governor's original concerns, and academics have voiced opinions assuaging constitutional fears, provided the online servers are located in Atlantic City casinos .
The Casino Association of New Jersey is supportive of the latest online gambling bill, provided it is “....implemented in a lawful, appropriate, thoughtful and prudent fashion.”
“We believe that the legislation goes a long way towards fulfilling those objectives,”said the association’s president, Tony Rodio earlier this week.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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