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Legal Online Gambling May Be on the Way

It seems that there may be some progress in the battle for legal online gambling in the US.

It seems that there may be some progress in the battle for legal online gambling in the US. This week an amended version of an online gaming bill, which would allow all online casino games, passed in the New Jersey Assembly.

This week an amended version of an online gaming bill, which would allow all online casino games, passed in the New Jersey Assembly.

According to State Sen. Ray Lesniak the bill will go to the full Assembly on Dec. 17 and the state Senate on Dec. 20th.

Lesniak said that “it’s still not too late for Atlantic City to become the Silicon Valley of Internet Gaming.”

However, this bill has been delayed in the past. Governor Christie vetoed it last year and it is not known what he would do if it is passed before Christmas.

Meanwhile, there has also been progress in Congress. A Democratic senator with strong backing from Nevada casino interests and a Republican senator who is opposed to betting have been working together to get an online-gambling bill into the lame-duck session.

Senator Harry Reid and Republican Senator Jon Kyl are looking into a way of wording the bill which would allow some forms of online wagering while limiting others.

Part of the bill would see the creation of an Office of Online Poker Oversight which would fall under the Department of Commerce.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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