New Jersey In Last-Minute Scramble To Legalize Online Gambling, Votes Successfully On Poker Bill
Bill Could Go To Senate Vote And Then To Governor's Desk Before 2013
PokerStars potentially could be one step closer to an American return, thanks to some people in power within New Jersey pushing for a new law that they say could help the state’s beleaguered gambling industry and economically depressed Atlantic City.
As one lawmaker predicted to Card Player, the New Jersey online gambling bill passed the state Assembly on Monday, and now heads to the Senate for a full vote. State Assembly lawmakers voted in favor of the proposal by a 48-24-4 margin.
Sen. Ray Lesniak said earlier this month that the plan was to vote on the bill in the Assembly on Dec. 17, send it to the Senate on Dec. 20, and then immediately to the governor’s desk. A revised version of the proposal was released Dec. 3, after languishing untouched since June.
If it becomes law, the Garden State would be fourth behind the District of Columbia, Nevada and Delaware to legalize online gambling. D.C. repealed its legislation, however.
It’s unclear if New Jersey Gov. Chris Christie would sign the current proposal moving rapidly through the legislature before 2012 slams its doors shut. He vetoed a similar bill in 2011, but might like the changes made to the idea this time around and that the feds relaxed their position on intrastate gaming that takes real-money deposits.
As for PokerStars, the world’s most successful poker website, New Jersey represents a chance to get back into the U.S. after settling with the federal government — without admitting any wrongdoing — for alleged crimes listed in the historic Black Friday case.
The Wall Street Journal broke the story that the Isle of Man-based firm is looking to buy one of Atlantic City’s worst-performing casinos, for a potential price tag of under $50 million. PokerStars would need the brick-and-mortar joint to run web games.
If approved, New Jersey would be the largest state in terms of population to have the OK to run an intrastate web casino system. Nevada has about 2.7 million residents and Delaware about 910,000, while New Jersey contains about 8.8 million.
Ten percent of web casino revenue in New Jersey would go back to the state.
|1||Dwan Records First Tournament Score In Three Years|
|2||FBI Wiretapped Poker Player At Trump Tower|
|3||Podcast Negreanu: All-Time Earnings Leader Opens Up|
|4||Poker Strategy: Two Gambling Fallacies|
|5||Weeks-Old NY Casino Getting Poker Tournament Approval|
|6||Australia Passes Bill To Effectively Ban Online Poker|
|7||Sports Bettor's Insider Trading Case Heads To Trial|
|8||Poker Strategy: Don't Be A Pushover|
|9||CPPT Returns To St. Maarten For Maho Poker Classic|
|10||Korotki Wins WSOP Circuit Harrah's AC Main Event|
|1||Polk Says Dwan Could Be Involved WIth Another 'Scam'|
|2||Dwan Records First Tournament Score In Three Years|
|3||Dan Bilzerian Claims That 'Women Can't Play Poker'|
|4||Hellmuth, Matusow Play Heads-Up At LAPC Event|
|5||UK Supreme Court To Hear Ivey's Gambling Case|
|6||Production Wraps Up For Aaron Sorkin's Poker Movie|
|7||FBI Wiretapped Poker Player At Trump Tower|
|8||Sexton: Spent Years Betting 'Way More Than I Had'|
|9||Podcast Negreanu: All-Time Earnings Leader Opens Up|
|10||Daniel Strelitz Wins 2017 WPT LAPC Main Event|