Even if the Unlawful Internet Gambling Enforcement Act (UIGEA) now in effect California and Florida have been looking into making online gambling legal within their states for state residents. They are looking into it mostly as another source of income, which is much needed.
But while California has been going round and round in talks with tribes in their state, and Florida has been going back and forth with the Seminoles, New Jersey has snuck in under the radar.
On Thursday a bill, proposed by Senator Ray Lesniak, that would regulate online gambling within the state for New Jersey residents passed a committee vote 3-1. With the bill passed it can now go to the entire Senate for discussion and hopefully a vote that will allow for online gambling in New Jersey.
The way the bill works is to allow licensed casinos the ability to create sites online that allow for gambling online. Casinos must be licensed because without that license, according to federal law, they would not be allowed to offer online gambling. But since casinos in Atlantic City are licensed…well, you see where I am going with this.
Should this bill be passed into law, New Jersey would be the first state in the U.S. to have regulated online gambling. It is estimated that this could bring in $45 to $55 million in revenue. It could also give new life to the casinos in Atlantic City who have been struggling along the last couple of years. These casinos could be looking at around $250 million in new revenue by having regulated online gambling from their casinos.
As for the residents of New Jersey, they would be the first U.S. citizens to legally be allowed to gamble online. This means that online blackjack could very well be a reality for fans of blackjack in New Jersey.