New Jersey Legalises Online Gambling
New Jersey has at last signed legislation allowing Atlantic City’s gambling to begin offering online gambling.
The legislation was overwhelmingly approved by the New Jersey Assembly and Senate on Tuesday and Gov. Christie signed it into law.
In a statement Christie said, “I am pleased to say that today I signed New Jersey’s Internet gaming bill, opening the way for new opportunity to bolster our efforts to continue the revival of Atlantic City, its casinos, and entertainment offerings.”
Christie only approved the bill after a number of revisions were incorporated.
He wanted I-gaming given a ten year trial period with annual reviews, state elected officials to disclose any past and present dealings of those seeking licenses, more resources given to problem-gambling programs and the tax on online gaming revenue raised to 15%.
According to state laws, Atlantic City has exclusivity on gambling; therefore the servers for online gaming must be housed at the dozen Shore casinos. However, gamers can gambler at any time and place as long as they are within state boundaries. Operators will be making use of GPS technology to ensure that all players log-in from within the state.