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| New Jersey Bill Would Let Casinos Operate Online |
11/11/2000 Legislation in works to allow legalized online gambling in NJ New Jersey Assemblyman Anthony Impreveduto, D-Hudson, is currently drafting legislation that would allow licensed casino operators in Atlantic City to take their business to the Internet. Soon, New Jersey gamblers may be able to gamble in the comfort of their own homes. Atlantic City casinos would have to operate their online casinos from their land-based operations. Although it is still unclear how the revenues will be divided, the state would enjoy part of it. "This is a work in progress," Impreveduto said, well aware of the difficulties in his way. The legislation will most probably require an amendment to the state constitution. And if it is ever legalized, there are questions over whether it can be regulated effectively. "It may be an idea before its time," Impreveduto concedes. "But quite honestly, there has to be something in place." Impreveduto, aware of the many fears of online gambling opponents, believes that the key lies in proper regulation. Most of the offshore Internet gambling sites are unregulated. "We can't let the Wild Wild West take over," warns Impreveduto. "What we need to do is regulate it." In New Jersey, there is no state law that prohibits gamblers from placing wagers over the Web, but operating an Internet casino is illegal. According to the U.S. Justice Department, online gambling is illegal under the 1961 Wire Act. Legislation that would have closed loopholes in the law passed in the Senate, but a companion House bill fell short of the two-thirds majority it needed to pass this summer and any appeal appears to have been delayed for now. As the issue still remains unresolved, most of the casino companies are staying away from ?play for real? web sites. However, many are hedging their bets with ?play for fun? sites where players gamble for tokens, discounts and merchandize etc.. This way, companies including the big names like MGM Mirage and Harrah's Entertainment who have developed ?play for fun? web sites can easily adapt their sites if regulated online gaming in the US becomes a reality. |
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