Online Gambling in New Jersey VS. Nevada
The two leading states to legalise online gaming, Nevada and New Jersey, seem to be taking very different routes in order to accomplish their goals.
While the two states have both legalised online gambling, their two approaches are very different
A few weeks ago Ultimate Poker began providing online poker to residents of Nevada.
In the meantime, New Jersey is moving towards allowing all forms of online casino games.
Last Friday New Jersey’s Division of Gaming Enforcement released proposed regulations to govern online gambling. In particular it emphasised rules which would require operators to verify that players are within New Jersey’s boundaries.
The regulations proposed a 15% tax on operators’ winnings while players will be limited to a lifetime deposit total of $2,5000 after which they must acknowledge that they have reached the threshold and have the ability to set daily limits. The proposal was based on a recommendation from the National Council on Problem Gambling.
The regulations would also allow the state to form agreements with other states and countries were online gambling is legal. The regulations will now undergo a review process and a 45 day warning will be given before online gambling is launched.
It has been reported that Nevada is currently looking for internet poker partners in other states in order to draw more players.
