New Jersey lawmakers will vote this week on Governor Chris Christie’s proposed changes to an online gambling bill that will legalize and regulate poker and other forms of gambling online.
Earlier this month, Christie vetoed an online gaming bill, but said he would sign it into law with minor amendments.
Christie suggested taxing operators at 15 percent, as opposed to the 10 percent in the original bill, along with funding to prevent excessive gambling and requisite 10-year renewal of the law.
Nevada became the second state to pass legislation authorizing online gaming on Friday. Delaware legalized internet gambling in June 2012 and hopes to have an online gaming up and running by September 30.
Newsworks explains those who want to gamble via the internet will first need to set up an account with a casino offering online play. All accounts will be in the legal name of individual applicants who must establish proof of age and have a principal residence and email address. The state’s Division of Gaming Enforcement will license, regulate and enforce all aspects of authorized games done through the internet, said Christopher Donnelly, spokesperson for the Senate Majority Office.
After they are approved, gamblers will next need to fund that account using a credit or debit card before they can play. Casinos will not accept any wager that exceed deposited funds.
Holders of online gaming accounts will only be able to place bets while physically present in the state of New Jersey. However, one does not have to be a resident of New Jersey to participate in internet gaming. Whether hanging out in Haddonfield or Hoboken, all of New Jersey is fair game to any resident or visitor, so long as one has valid account and has a computer, tablet or smartphone to visit the casino’s website. Gamblers will be able to play all current casino games, Donnelly said.
Casino employees, state employees, members of the Judiciary and Legislature, officers of Atlantic City and both the Governor and Lt. Governor will not be permitted to maintain an online gaming account under the legislation.
New Jersey lawmakers will vote on the amended bill this Tuesday, February 26. If the measure is passed, there will be a period of several months before online gaming will be available to the public, said Dr. Israel Posner, Executive Director of the Lloyd Dr. Levenson Institute of Gaming, Hospitality and Tourism at the Richard Stockton College of New Jersey.