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Online Gambling in NJ?
 
January
20, 2010

There is talk of the state of New Jersey adding in their own online gambling within their borders. There are other states that have considered it as well such as California and Nevada so it is no wonder that the Garden State would consider bringing in online gambling. However, many are curious as to why they would. Nevada has many casinos that are fighting against online gambling as they feel that it would take more of their revenue – so why is Atlantic City on the side of the online casinos?
 
This can be answered fairly simply – and it has much to do with the casinos themselves. The land based casinos would be able to offer their services to the online gambling industry as they are licensed and regulated within the state of NJ. However, they are the only ones that would be allowed to offer online gambling. If they are licensed within the state and have a casino, they would simply be offering their services online now.
 
The online gambling sites would only be accessible to residents of the state and if future Governor Chris Christie signs the pending bill into law it would become effective immediately. This would allow the casinos to offer their services to residents all across the state that might not be able to get down or up to see them. The state is sure that this will increase the amount of revenue that they are now getting from their land based casinos, which would be helpful since the state has seen a drastic drop in their revenues since the casino came in to neighboring states.







Back to January 2010 Archive.

 

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