{"id":7683,"date":"2012-04-09T07:55:13","date_gmt":"2012-04-09T07:55:13","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=7683"},"modified":"2012-04-09T07:55:13","modified_gmt":"2012-04-09T07:55:13","slug":"new-jersey-step-closer-to-online-gaming","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/new-jersey-step-closer-to-online-gaming\/","title":{"rendered":"New Jersey step closer to online gaming"},"content":{"rendered":"
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New Jersey online in September?<\/p><\/div>\n

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Legislation allowing people to gamble online in Atlantic City casinos took another step forward last week.<\/p>\n

Although the Senate Budget and Appropriations Committee voted 11-0 to advance the proposal, five senators voiced concerns, primarily about excluding horse tracks from the plan. And while the bill\u2019s chief sponsor expressed hopes online gambling could be running by the fall, he also said an agreement hasn\u2019t yet been reached with Gov. Chris Christie, who vetoed a similar bill once before.<\/p>\n

\u201cWhat we want to do is get this Internet gaming up and going before the end of the year, hopefully by September, so that New Jersey can be the first in the nation and lead the way,\u201d said Sen. Raymond Lesniak, D-Union.<\/p><\/blockquote>\n

Bill Pascrell III, a lobbyist for Interactive Media Entertainment & Gaming Association, the online gaming industry\u2019s trade group, said the state that establishes Internet gaming first is likely to become the technology hub for that portion of the industry as it becomes more common. He said Delaware, Nevada, California and Florida have action stirring in the area.<\/p>\n

\u201cWe must be first,\u201d Pascrell said. \u201cWe need to create the Silicon Valley of Internet gaming in New Jersey.\u201d<\/p>\n

A consultant cited by officials from the state Casino Revenue Fund Advisory Commission said online gambling could generate $210 million to $250 million in gross revenue, 1,900 jobs and $46 million to $55 million in tax revenue.<\/p>\n

Thomas Luchento, president of the Standardbred Breeders and Owners Association of New Jersey, predicted that just as Atlantic City casinos ate into racetracks\u2019 revenue and casinos in nearby states undercut Atlantic City, online gaming through Atlantic City would hurt account wagering through telephones and the Internet now allowed for New Jersey horse racing.<\/p>\n

\u201cWhile the Internet gaming pool may grow, we argue that it will do so by drawing from existing wagering pools. History has proven this,\u201d Luchento said.<\/p>\n

Christie objected to an earlier bill that would have steered some of the tax revenues from online gambling into higher purses for horse racing, as a way to help the tracks.<\/p>\n<\/div>\n

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The tracks and the prospect of a casino in the Meadowlands were the not-so-subtle backdrop to the hearing, with bipartisan concerns voiced that the state is missing an opportunity to help fend off competition from other states in the name of protecting Atlantic City.<\/div>\n
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Horse racing could be the loser<\/p><\/div>\n<\/div>\n

\u201cThis insanity\u2019s got to stop,\u201d said Sen. Joseph Pennacchio, R-Morris. \u201cI don\u2019t think that Atlantic City or the gaming in Atlantic City should be telling the citizens of New Jersey what we can and can\u2019t do. Our policy going forward has to be based on the best interests of what is in total for all of the citizens of New Jersey.\u201d<\/p>\n

\u201cI understand how important the economy of Atlantic City is for the rest of the state,\u201d said Sen. Steve Oroho, R-Sussex. \u201cHowever, we\u2019ve got to recognize that an exclusive market area is a huge subsidy, a huge subsidy for Atlantic City, and we must work for ways to get the racetracks in there, for racinos.\u201d<\/p>\n

The Senate budget committee chairman, Sen. Paul Sarlo, D-Bergen, was the only lawmaker at the meeting who didn\u2019t support the bill, although ultimately he abstained from voting, rather than vote against it. He said \u201cthere\u2019s no reason\u201d for such a bill not to include the tracks.<\/p>\n

\u201cI don\u2019t know what else we can do to help Atlantic City,\u201d Sarlo said. \u201cThey\u2019re going to have to begin, the industry is going to have to begin to help themselves. There\u2019s only so much we can do, unless we vote today to have no taxes in Atlantic City.\u201d<\/p>\n

Sen. Jennifer Beck, R-Monmouth, said she has explored the possibilities of including horse tracks in the online gaming plan but that the Christie administration believes that would violate the constitution, which allows games of chance only in Atlantic City.<\/p>\n

The tracks and the prospect of a casino in the Meadowlands were the not-so-subtle backdrop to the hearing, with bipartisan concerns voiced that the state is missing an opportunity to help fend off competition from other states in the name of protecting Atlantic City.<\/p>\n

\u201cThis insanity\u2019s got to stop,\u201d said Sen. Joseph Pennacchio, R-Morris. \u201cI don\u2019t think that Atlantic City or the gaming in Atlantic City should be telling the citizens of New Jersey what we can and can\u2019t do. Our policy going forward has to be based on the best interests of what is in total for all of the citizens of New Jersey.\u201d<\/p>\n

\u201cI understand how important the economy of Atlantic City is for the rest of the state,\u201d said Sen. Steve Oroho, R-Sussex. \u201cHowever, we\u2019ve got to recognize that an exclusive market area is a huge subsidy, a huge subsidy for Atlantic City, and we must work for ways to get the racetracks in there, for racinos.\u201d<\/p>\n

The Senate budget committee chairman, Sen. Paul Sarlo, D-Bergen, was the only lawmaker at the meeting who didn\u2019t support the bill, although ultimately he abstained from voting, rather than vote against it. He said \u201cthere\u2019s no reason\u201d for such a bill not to include the tracks.<\/p>\n

\u201cI don\u2019t know what else we can do to help Atlantic City,\u201d Sarlo said. \u201cThey\u2019re going to have to begin, the industry is going to have to begin to help themselves. There\u2019s only so much we can do, unless we vote today to have no taxes in Atlantic City.\u201d<\/p>\n

Sen. Jennifer Beck, R-Monmouth, said she has explored the possibilities of including horse tracks in the online gaming plan but that the Christie administration believes that would violate the constitution, which allows games of chance only in Atlantic City.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u201cWhat we want to do is get this Internet gaming up and going before the end of the year, hopefully by September, so that New Jersey can be the first in the nation and lead the way,\u201d <\/p>\n","protected":false},"author":3,"featured_media":7688,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,18],"tags":[9,32,33],"class_list":["post-7683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-igaming","category-n-america","tag-featured","tag-jersey","tag-new"],"yoast_head":"\nNew Jersey step closer to online gaming - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/new-jersey-step-closer-to-online-gaming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey step closer to online gaming - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"\u201cWhat we want to do is get this Internet gaming up and going before the end of the year, hopefully by September, so that New Jersey can be the first in the nation and lead the way,\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/new-jersey-step-closer-to-online-gaming\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-09T07:55:13+00:00\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/new-jersey-step-closer-to-online-gaming\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/new-jersey-step-closer-to-online-gaming\\\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/38b848f26341d94a3f6b1f5d9642234c\"},\"headline\":\"New Jersey step closer to online gaming\",\"datePublished\":\"2012-04-09T07:55:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/new-jersey-step-closer-to-online-gaming\\\/\"},\"wordCount\":982,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/new-jersey-step-closer-to-online-gaming\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"featured\",\"jersey\",\"new\"],\"articleSection\":[\"iGaming\",\"N. 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