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New Jersey Getting Close To State Regulated Internet Gambling


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It's only a matter of time before the first State regulates in state internet gambling and it appears that New Jersey is going to be the first.If this passes the AC Casinos will be allowed to open up online gaming for New Jersey residents. One bad thing about this legislation that will probably be in all such State legislation is that it explicitly makes it illegal for unlicensed operators to offer internet gaming to New Jersey residents so expect pull outs like has happened in Washington.http://www.egrmagazine.com/news/604167/nj-...to-senate.thtml

NJ egaming bill out of Committee, heads to Senate 16/11/2010Stephen Carter New Jersey Senator Ray Lesniak’s bill to bring egaming to New Jersey passed out of the Senate Budget and Appropriations Committee yesterday by a vote of 10-1, and will now be considered by the full Senate. S-490 would authorise the state’s Atlantic City casinos to offer online versions of their games to New Jersey and also to international customers. It passed out of Committee as part of a package of Democrat-sponsored bills aimed at propping up the Garden State’s ailing horse racing and casino industries. Lesniak (pictured) told the Cape May County Herald that if signed into law, New Jersey would become the first US state to have intrastate and international internet gaming, and via a companion bill, would also channel much-needed additional revenues to the state’s horse racing industryARTICLE CONTINUED AT LINK ABOVE
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If other states follow suit, I would assume that it would be legal for people in those states to play on any other state's sites that are available. So if Nevada passed it, NJ players could play on their sites and vice versa.

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If other states follow suit, I would assume that it would be legal for people in those states to play on any other state's sites that are available. So if Nevada passed it, NJ players could play on their sites and vice versa.
I'm pretty sure it would take a change in Federal Law to allow that. States can offer games in state but to offer beyond their own state isn't something that current law allows I don't think.
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i read somewhere on 2p2 that the NJ bill passed a vote 29-5, has to go through one more committee, then be signed by governor, so looks promising i guess. though i dont know if instate only poker will be good in the long run

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i read somewhere on 2p2 that the NJ bill passed a vote 29-5, has to go through one more committee, then be signed by governor, so looks promising i guess. though i dont know if instate only poker will be good in the long run
honestly, it's gonna be a recreating of the wheel. Things will regress to the early days of online where there is very poor table selection, tables take longer to fill, etc. etc. The bigger concern is that the state(s) are going to pretty much make their own rules. Will they bring in consultants that actually allow them to take advantage of all the good that current exists in poker. Doubt it. They'll probably do their own thing, charge a 15-20% rake, use a rudimentary platform, etc. I hope I'm wrong.....but when free enterprise is removed and a single governmental option is provided, it typically is a major regression.
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honestly, it's gonna be a recreating of the wheel. Things will regress to the early days of online where there is very poor table selection, tables take longer to fill, etc. etc. The bigger concern is that the state(s) are going to pretty much make their own rules. Will they bring in consultants that actually allow them to take advantage of all the good that current exists in poker. Doubt it. They'll probably do their own thing, charge a 15-20% rake, use a rudimentary platform, etc. I hope I'm wrong.....but when free enterprise is removed and a single governmental option is provided, it typically is a major regression.
This isn't going to be a government run casino. The State will license current NJ casino companies to also allow online gaming so it's going to be Harrah's etc operating the sties under State regulation and taxation and they will in theory be competing with each other.I don't think you're going to see things like rakeback but rather VIP systems and look for lots of cross promotion. Play a certain amount and get a free room in a casino hotel in AC for example.
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This isn't going to be a government run casino. The State will license current NJ casino companies to also allow online gaming so it's going to be Harrah's etc operating the sties under State regulation and taxation and they will in theory be competing with each other.I don't think you're going to see things like rakeback but rather VIP systems and look for lots of cross promotion. Play a certain amount and get a free room in a casino hotel in AC for example.
thx for clarification! that bodes better for sure. Still will be very interesting.
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Could be really sexy if they let the right people run the show, if they are going to let Harrahs or some other casino tycoon run it then I really hope that they get advice from Stars or FTP.
It this ends up passing there should be multiple sites that open. It'll be interesting to see which of the sites take most of the poker action. Even if a site doesn't have much poker they still might be doing a large volume in the casino games where having a critical mass of players isn't important.Harrah's already has a poker platform that they're using but I imagine the other casinos are in the process of teaming up with one of the many casino software providers out there. The way New Jersey is tough on licensing I would doubt that anybody who currently offers games in the US will be allowed to work with the casinos in New Jersey but I could be wrong.Edit: remember that these are going to be online casinos that will also offer poker and not pure poker sites. The casino will be way more important to them than poker. Party Poker for example gets more revenue from it's casino than it does from poker these days.2nd Edit: Poker News Articlehttp://www.pokernews.com/news/2010/11/new-...-state-9376.htm
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It this ends up passing there should be multiple sites that open. It'll be interesting to see which of the sites take most of the poker action. Even if a site doesn't have much poker they still might be doing a large volume in the casino games where having a critical mass of players isn't important.Harrah's already has a poker platform that they're using but I imagine the other casinos are in the process of teaming up with one of the many casino software providers out there. The way New Jersey is tough on licensing I would doubt that anybody who currently offers games in the US will be allowed to work with the casinos in New Jersey but I could be wrong.Edit: remember that these are going to be online casinos that will also offer poker and not pure poker sites. The casino will be way more important to them than poker. Party Poker for example gets more revenue from it's casino than it does from poker these days.2nd Edit: Poker News Articlehttp://www.pokernews.com/news/2010/11/new-...-state-9376.htm
Yes, as long as its legalized I think alot of people with disposable ( or not disposable ) income will come out of the wood work and start depositing. You are well versed in this kind of stuff, What do you think will happen in the short term/long term?
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Yes, as long as its legalized I think alot of people with disposable ( or not disposable ) income will come out of the wood work and start depositing. You are well versed in this kind of stuff, What do you think will happen in the short term/long term?
The long term who knows.In the short term it looks like this is going to happen in New Jersey and might be a model for other states to follow.
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  • 3 weeks later...
My understanding is that this might be voted on today and if it passes it moves to the Governor for signing into law.
Bob, please let me understand if I am correct...IF this bill passes, NJ casinos ie Harrahs, Trump etc will open online casinos...New Jersey residents will be banned from sites like Stars and Tilt and will only be allowed to play in these sites. These sites wont be necessarily poker friendly, so there wont be much poker action if any.This cant be a good thing right??Or am i missing something.
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Bob, please let me understand if I am correct...IF this bill passes, NJ casinos ie Harrahs, Trump etc will open online casinos...New Jersey residents will be banned from sites like Stars and Tilt and will only be allowed to play in these sites. These sites wont be necessarily poker friendly, so there wont be much poker action if any.This cant be a good thing right??Or am i missing something.
Now you're starting to think like me. I'm not sure that any legislation that passes in the US is a good idea at this point. There may be several shades of "a better bad idea", though.
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Bob, please let me understand if I am correct...IF this bill passes, NJ casinos ie Harrahs, Trump etc will open online casinos...New Jersey residents will be banned from sites like Stars and Tilt and will only be allowed to play in these sites. These sites wont be necessarily poker friendly, so there wont be much poker action if any.This cant be a good thing right??Or am i missing something.
This is what I'm kind of wondering myself. I don't really see how this is a good thing. I guess it increases the overall awareness of the gameand attracts new players?If I ever get banned from stars though I don't see how this would benefit me. The fact that this will be regulated scares me even more. Taxes will becomea bitch too. I'm sure there will be fairly easy ways around any blocks placed though.
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Im sorry but what you people dont understand is that anything regulated will always be better than what we have. The problems are the people who run sites like Full Tilt and Stars have never had to face background checks etc. So most of them are a bunch of criminals. We don't know where the money they make goes right. When people deposit onto these unregulated sites they never check to see whos running them only deposit options, withdrawal process, games and other things that are important to a consumer, but yet they dont look into who has all of there bank account info. Just try to take this into consideration when saying that sites run from offshore countries and places like the Isle of Mann are better options than sites regulated by our the U.S. government.

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Im sorry but what you people dont understand is that anything regulated will always be better than what we have. The problems are the people who run sites like Full Tilt and Stars have never had to face background checks etc. So most of them are a bunch of criminals. We don't know where the money they make goes right. When people deposit onto these unregulated sites they never check to see whos running them only deposit options, withdrawal process, games and other things that are important to a consumer, but yet they dont look into who has all of there bank account info. Just try to take this into consideration when saying that sites run from offshore countries and places like the Isle of Mann are better options than sites regulated by our the U.S. government.
I humbly disagree. As I'm sure the poker players of Washington do.
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Im sorry but what you people dont understand is that anything regulated will always be better than what we have. The problems are the people who run sites like Full Tilt and Stars have never had to face background checks etc. So most of them are a bunch of criminals. We don't know where the money they make goes right. When people deposit onto these unregulated sites they never check to see whos running them only deposit options, withdrawal process, games and other things that are important to a consumer, but yet they dont look into who has all of there bank account info. Just try to take this into consideration when saying that sites run from offshore countries and places like the Isle of Mann are better options than sites regulated by our the U.S. government.
You do realize that if online poker gets regulated/legalized, then cheating will become a criminal offence, right?
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Isn't that one of the benefits?
Not for herly.
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If Federal Legislation doesn't happen State regulation in places like New Jersey, California and Florida will.The obvious advantage is ease of getting money in and out for players.The disadvantages are many. Things like a much smaller player pool since you can only play with players from your own State. Also some State's regulations will be more player friendly than others. Some of the California proposals will be horrible for players while New Jersey is reasonably player friendly.One thing that will be common to all State regulation is that you can expect it to make it clear that only regulated sites are legally allowed to offer gaming to players in that State which I would expect to mean a site like Poker Stars will stop serving players from that State.

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Not for herly.
hey I dont cheat **** face and if I ever see you in person I will let you know with a neck punch douche nozzle. When you make a statement like that have something to back it up. Its dickheads like you that make me want to go elsewhere. Hope you show up to WSOP 2011 bud.
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hey I dont cheat **** face and if I ever see you in person I will let you know with a neck punch douche nozzle. When you make a statement like that have something to back it up. Its dickheads like you that make me want to go elsewhere. Hope you show up to WSOP 2011 bud.
meh, he'll kick your other account's ass instead
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