This Week in Gambling – New Jersey is set to go live with online gambling this November, and J Todd catches up with the Director of the New Jersey Division of Gaming Enforcement, David Rebuck, at the Global Gaming Expo in Las Vegas.
Discussion includes the approaching launch date and whether or not New Jersey will meet this date, plus the games to be offered beyond just poker.
USA Today says that while Nevada was the first state to legalize online poker earlier this year, New Jersey is poised to rake in a bigger jackpot from Internet gambling when Atlantic City’s 12 casinos offer a whole menu of legal online table games along with slots later this fall.
–
–
–
USA Today also stated that Delaware’s three casinos are set to offer cash winnings for online slots, poker, blackjack and roulette by the end of October.
New Jersey Gov. Chris Christie’s administration estimated the first year could bring the state as much as $180 million in tax revenue; other estimates are as low as $35 million in the first year.
“New Jersey is truly on the threshold of breaking through a brand new industry,” said Israel Posner, executive director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at the Richard Stockton College of New Jersey. Nevada’s online gambling law is too limited, he said, and Delaware’s market is too small.”