How Will New Jersey Regulate Internet Wagering?

The recent New Jersey internet wagering legislation, co-sponsored by N.J. State Senators Lezniak and Whelan, appears to have momentum. The buzz throughout the state capital is that some version of the legislation will be passed soon, perhaps as early as June. As with a similar internet wagering bill that passed the New Jersey Legislature last year prior to being vetoed by the Governor, only Atlantic City casinos will be permitted to offer gamblers the ability to wager of the internet.

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The New Jersey Legislature Takes Next Step Towards Legalization of Internet Gambling

On April 3, 2012, the New Jersey Senate Budget and Appropriations Committee moved forward an Internet wagering bill which will allow Atlantic City, NJ casinos to offer both New Jersey residents and persons outside of New Jersey the opportunity to place a wagers on casino games via the Internet. The latest version of the bill expanded the potential persons who could wager to include gamblers in other states and countries, suject to state gaming regulators agreeing that it is legal to accept such wagers.

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