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Will Online Gambling Revive New Jersey’s Gaming Industry?

October 21, 2013

By J.P. McCormick, Summer Associate

On February 27, 2013, Governor Christie signed a bill allowing online gambling in New Jersey. This bill is intended to help generate revenue for the struggling casinos in Atlantic City, as well as for New Jersey as a whole. Many view this as one of the last chances to revive the state’s gaming industry, as the state deals with increasing competition from Pennsylvania and New York, and potentially Massachusetts. New Jersey will be one of only three states to allow internet gambling, joining Delaware and Nevada.

Governor Christie did require some protections to be built within the bill, such as stringent employment policies and increased treatment for compulsive gamblers. Long term, Governor Christie pushed for the inclusion of a clause which causes the law to expire after ten years, giving the lawmakers a chance to reconsider their decisions.

On October 4, 2013, the state Division of Gaming Enforcement announced that it would allow the Atlantic City casinos to begin offering online gambling at 9 a.m. on November 26th, following a five day test period. Estimates vary greatly, but experts seem certain that online gambling will generate hundreds of millions in additional revenue to casinos, although that number probably will not reach one billion dollars as some have speculated. It is also important to note that casinos will not be the only ones to benefit, because the better internet gambling does, the more tax revenues the state of New Jersey will collect.

JP2J.P. McCormick is in his third year at the University of New Hampshire School of Law, where he is an Executive Editor for the University of New Hampshire Law Review. Upon finishing his third year of law school, J.P. intends to practice in New Jersey, and is interested in all aspects of civil law. You can follow him on Twitter @JP_McCormick.

 


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