Thursday, April 22

New Jersey Introduces Internet Gaming Bill

Aggressive Players

A newly proposed law in New Jersey could allow the state’s licensed casinos in Atlantic City to offer internet gambling to residents within state lines. New Jersey Assembly Bill 2570, introduced into by Assemblyman John Burzichelli, would enable New Jersey residents to place wagers on casino games, including poker, via the Internet.

“We’re happy that New Jersey has taken this issue into their own hands,” said Interactive Media Entertainment and Gaming Association (iMEGA) chairman Joe Brennan Jr. “New Jersey is recognized as having the toughest gaming regulators in the US, but as a leading gaming state with a long track record of doing things the right way, Internet gambling will have a great home here and the opportunity to begin normalizing the industry.”

The bill states that Atlantic City casinos must apply for a permit to establish internet wagering, with the permit valid for one year and subject to renewal. The annual fee for an internet wagering permit is expected to be at least $200,000, with the renewal fee to be at least $100,000 to cover the costs of regulation by the commission and the division.

Once in place, gambling regulations will be implemented for the conduct of internet wagering that will be consistent with the regulations of the governing casino. Those regulations will include age restrictions, credit and debit procedures, game corruption checks, and features to assist problem gamblers.

New Jersey took the first step toward legalizing online gaming in the United States in January. Then, Lesniak introduced a bill that called for New Jersey residents to vote on a constitutional amendment that would permit state-regulated sports wagering in Atlantic City casinos and to state residents via an intra-state internet gambling system.

Should New Jersey succeed in becoming the first state to approve intrastate online gambling, it is expected that other states will follow suit. Iowa, Florida, and California have all been considering legislation as a means of straightening out state deficits. New Jersey is currently facing the worst deficit in the nation, but experts believe the state could earn hundreds of millions of dollars per year by regulating sports betting and online gaming.

The matter of when the legislation will pass remains up for debate. Poker Players Alliance (PPA) Executive Director John Pappas told CardPlayer magazine, “I think it’d be difficult for states to enact intrastate regulation by the end of this year. It is our goal to have something passed at the federal level this year. I think it’ll be a race to see who gets there first.”

Congressman Barney Frank (D-MA) remains focused on pioneering a federal solution on Capitol Hill. Frank recently added a 66th co-sponsor, Representative Charles A. Wilson from Ohio’s Sixth Congressional District, as he prepares to go into the markup phase for the proposed for HR 2267. Frank has until June 1st to work out the details of the legislation in order for the bill to be passed.

Il futuro del Poker Online gioco d'azzardo negli Stati Uniti

Get Paid To Learn From Gus Hunsen

Online Poker Operator Comes Forward In Kentucky Gambling Case

Aggressive Players

The Kentucky Supreme Court ruled against the online gambling domain owners in the Kentucky forfeiture case due to the fact that none of the owners of the domains had come forward to represent themselves. Now, one of the online poker operators has come forward to represent themselves in this on-going domain dispute. Yatahay Limited is the operator of True Poker, an online poker room. The domain TruePoker.com is on the list of 141 domains that the state of Kentucky is attempting to seize. The Supreme Court did not rule on the case and they gave a three week window for any gambling roperator to join the online gambling domain dispute.

Since a poker operator has come forward, the case will return to the Supreme Court and the Justices will finally resolve this issue without all of the political maneuvering being done by the state government of Kentucky. “We’ve overcome the technicalities that gave the Commonwealth their short-lived victory,” iMEGA Chairman Joe Brennan said in a written statement. “The court can now make a decision based on Kentucky law.” The next decision is whether the Supreme Court will accept Yatahay Limited as an owner of one of the domains. If they aren’t accepted, it would be reasonable to assume that other operators will come forward. The wording of the Supreme Court verdict gives indications that the verdict will likely favor the domain owners once they’ve met all of the technical requirements that have been put in place by the Supreme Court.

Get Paid To Learn From Gus Hunsen