• Legalizing Internet Gambling Bill for New Jersey

    17 January 2010

    Newspaper

    The State of New Jersey may be joining the squabble over legalizing internet gaming. State Senator Raymond Lesniak has introduced bill S3167, which would make it legal to play and bet on the games of poker, roulette, baccarat, mini baccarat, craps, blackjack, slots, pai gow, red dog, and sic bo. The bill would require that the servers and monitoring offices for the internet gaming companies be located in Atlantic County, New Jersey.

    The bill requires the state to protect consumers and would develop standards, software, computers and other gaming equipment to protect the games and the players from tampering, fraud and/or deception. Age requirements for an online account would be 21.

    S3167 specifically names poker several times, eliminating the doubts that it would not be legal under this bill.

    Internet gaming companies would have to pay a 20% tax paid to the state’s casino revenue fund. In addition, there would be a second tax aimed at aiding horse racing.

    The bill will take effect immediately after the Governor signs it into law. A new division, the Division of Internet Wagering, to be created in the New Jersey Casino Control Commission, would watch over operations and licensing. Operators would be required to pay an initial license fee of $200,000 with an annual renewal rate of $100,000.

    Related News

    • Player won 87668 at king billy casino

      Slot Winners

      Player Wins €87,668 at King Billy CasinoIvan Stefanovic16 November 2021

      The proud owner of 20 awards, from the most respected iGaming events, King Billy Casino demonstrates its value where it counts most - in player income. Fortunate punter at King Billy generated a massive win of €87,668 with a bet of €10. A lucky player was spinning the reels in Hacksaw Gaming’s exciting western adventure called Wanted Dead or a Wild. Known for Giving Punters Massive Wins

      Read full article
    • What are the online gambling trends for

      Gambling News

      The Future of iGaming- Top Trends Shaping Online Gambling IndustryAleksandra Zolotic06 September 2021

      As dynamic as it is, the online gambling industry is constantly undergoing various modifications and transformations. By exploring the possibilities of game development, bringing more efficiency and safety to money transactions, suppliers push the limits and level up player experience continuously. Over the course of the past decades, we have witnessed multiple groundbreaking chances, but surprisingly, there’s always room for more.

      Read full article
    • Relax gaming subsidiary in gibraltar gained uk license

      Gambling News

      Relax Gaming Subsidiary in Gibraltar Gains UK LicenseIvan Stefanovic19 May 2021

      Relax Gaming (RG) saw its Gibraltar subsidiary, Relax Gaming Gibraltar, receive United Kingdom Gambling Commission approval, which indicates new growth opportunities "in one of the most important markets in the world." This means that RG games are available to UK providers via its Gibraltar subsidiary, which the group welcomes as “another milestone” in the group's continued growth strategy.

      Read full article