Online gambling at
the casinos on the agenda with NJ lawmakers
years online gambling has been shun from the agenda of lawmakers
and politicians, but as finances dwindle, more and more
localities are turning to a form of internet gambling, such as
casinos and betting, to help fill in the gap in the coffers. The
state of New Jersey appears to be on the frontline in the United
States when it comes to online gambling. The Democrats in New
Jersey unveiled a new package this week that would boost the
casinos and horse racing industry in the state, going as far as
calling for legalization of online gambling within the state.
The Atlantic City casinos are facing
increasing competition from the surrounding states, while
competing with the local horse betting industry, which in turn
competes for gamblers with the casinos. But lawmakers are
looking to correct the trend and boost both gambling industries
by allowing new forms of wagers at the race tracks, along with
making internet betting legal within the state of New Jersey.
Democrats are also looking to put sports betting on the ballot
and let the residents decide if it should be allowed if made
legal. "This is a comprehensive approach that will protect
the jobs our casinos and racetracks support, and prove that
solutions do not have to come with winners and losers. If we act
quickly to get this plan in place, everyone will win," Sen.
James Whelan commented.
The suggestions in the package stem from
the gambling summit in Atlantic City earlier this year and
attempt to save the $1 billion gambling industry in the state.
According to lawmakers and industry professionals, over 15,000
jobs are at stake in the horse racing industry alone. "The
gaming summit made it absolutely clear that the Band-Aid
approaches of the past would do nothing to secure the future. We
need bold incentives to make Atlantic City once again the gaming
and entertainment destination it was when the casinos first
opened," Sen. Jeff Van Drew (D - Cape May) was quoted.
The new gambling plan could be put in a
bill-form as soon as a month from now, according to leaders. At
this point it remains unknown the casinos' and possibly sports
betting operators' framework for online gambling in New Jersey.