Breaking News: New Jersey to Pass Online Gambling Legislation in September
A New Jersey state Senate committee moved forward a bill this week that would allow online casino gambling despite opposition from the horse racing betting industry. The New Jersey Senate Government and Wagering Committee passed the bill in a 3-0 vote.
State Senator Raymond Lesniak expects online gambling legislation to pass both houses by March 15. Governor Christie is expected to sign the bill this time around due to the US Justice Department’s new take on the Wire Act late last year.
For now the bill only covers poker but other games could be added over time. The horse racing industry is strongly against online gambling legislation. “We believe it will draw from existing wagering pools,” said Tom Luchento, president of the Meadowlands Racetrack and the Standardbred Breeders and Owners Association of New Jersey.
New Jersey is expected to form compacts (“pools”) with other states to network the new players. Experts agree that the three leading states in gambling legislation are Nevada, New Jersey and California. Laws that those three states pass hopefully this year will determine how the other 47 states move ahead.
It looks like we’re headed to a hot summer of online gambling legislation.