New Jersey Eyes Online Gambling - 01-19-10 |
January 19 - New Jersey is joining a growing number of US states
searching for ways to save bring extra revenue into their coffers, and at the
same time providing safe and secure online gambling options to their residents.
State senator Raymond Lezniak recently introduced a bill that would grant New
Jersey resident permission to gamble online at specific
online
casinos.
The regulation of online casinos would hopefully revive the New Jersey
gambling scene, which has seen a serious slump in recent times due to the
recession.
The bill calls for servers to be located in Atlantic City, capital of New
Jersey's gambling world, either at a casino or at another location operated by
the casino.
The bill specifically accommodates all games that are currently available at
Atlantic City casinos, including
online poker.
Sports betting is also specified in the bill.
Those who oppose Lezniak's bill could have no argument with the senator's
plans to create a regulatory Division of Internet Wagering under the Casino
Control Commission.
The task of the new division would be to supervise the new online gambling
industry, by setting tough rules relating to issues such as minimum age
gambling, problem gambling and so forth.
The bill calls for all online casino operators to pay taxes of 20% of gross
revenue, assuring that the state will see significant monetary benefits from the
move.
Operators would need to pay an initial fee of $200K, while renewals of
licenses would cost $100K. $100,000 a year would also be charged for compulsive
gambling research and treatment.
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