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Beneficial impact Online Gambling For New Jersey

Guernsey expert gives his perspective on legalisation
The governor of New Jersey, who is currently deliberating on whether to sign into law new legislation legalising online gambling, would do well to take into consideration the beneficial impact on investment and employment that such an initiative could bring to his state.
Justin Bellinger, Business Development Director of Cable & Wireless on the Channel Island of Guernsey noted this week that: "The fast paced and extremely high-tech nature of the i-gaming industry is a boon to any economy. The complex technology required to support these operations requires an expansive and skilled workforce dedicated to supporting the operation 24/7.
"Specialist hosting facilities, information security skills and network operations centres overlay the underlying foundations of large, stable internet and power links.
"There isn't a more demanding proving ground for e-commerce activities than the gaming industry - in the jurisdictions that I have worked in this has led to many opportunities outside the gaming sector that simply were not available before the hosting, bandwidth and skills required to support the gaming industry were developed."
The proposed legalisation law has been sitting on Gov. Christie's desk since January 10, after receiving significant support in its passage through both Assembly and Senate. The Governor has four options to execute the Bill before the March 3rd deadline: He could veto the Bill, he could opt for a conditional veto, which sends the Bill back to Assembly and Senate for changes; he could approve the Bill into law; or he could choose to do nothing, in which case the Bill would automatically become law on March 4th.

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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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

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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