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NJ Sportsbetting Bill Lesniak proposal makes it through committee stage
2/9/10 - New Jersey Senator Ray Lesniak's legislative proposal to permit intrastate Internet versions of gambling activities currently allowed in Atlantic City casinos has progressed successfully through committee and will soon be debated in the state Senate.
If passed, the new law will expand the range of Internet gambling presently allowed in New Jersey in terms of federal exceptions for online horseracing. The state currently offers wagering on horse races to state residents through 4NJbets.com.
Lesniak has proposed that the new intrastate Internet gaming be regulated by the New Jersey Casino Control Commission, which would establish a Division of Internet Wagering to oversee operations and licensing.
In related news, the Hawaiian media is reporting that moves are afoot to establish limited and strictly controlled casino gambling in the state. No need to wait you can just bet on sports from your own home now.
Representative Jon Riki Karamatsu's House Bill 2759 is currently on its way to the state House Judiciary Committee and proposes allowing casinos, provided that 80 percent of [tax] revenues are deployed to benefit domestic communities and 20 percent is paid into the state's general budget coffers.
Last Friday the bill enjoyed a remarkably easy passage through the full chamber and was carried by a vote of 40 to 9. The state's House Judiciary and Consumer Protection Committee had earlier approved a related House Bill 2251 which permits the establishment of a gaming commission with powers to issue a single licence of no more than 5 years duration to a casino operator on the island state. The bill also carries strict requirements regarding the exclusion of underaged and problem gamblers, and makes provision for taxation.
In company with a number of other American states, Hawaii has been seeking new sources of tax income to bolster ailing state finances. These efforts have also involved proposals for the introduction of a state lottery.
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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