New Jersey could soon open the doors to its online gambling operations to new players from other markets. This includes allowing players from other countries to enjoy the states online casinos and poker network. A recent bill was introduced that, if it becomes law, would allow the gambling sites to accept players from all markets where online casinos and online poker is legal.
Bill Would Allow for More Players
Currently, the law in New Jersey only allows players within the state to gamble online. Senator Ray Lesniak recently introduced a bill that would remove this restriction, allowing players from other markets where online gambling is legal to play at New Jersey’s casinos.
Lesniak believes that allowing new players to gamble at New Jersey’s online gambling sites will boost player numbers and generate even more tax revenue. Specifically, he is hoping to attract players from the UK and France, where online gambling is legal and enjoyed by a large number of players. The senator stated in his bill that since online gambling became legal in New Jersey, it has greatly benefited the state’s economy. Over the course of the last three years, it is estimated that it has generated just shy of $1 billion, $124 million in taxes, 3000 jobs, and $220 million in wages and salaries for the employees.
New Jersey Poker to Benefit
One of the areas that would benefit the most from this law change would be online poker operators in Atlantic City. Online poker has been struggling, as there haven’t been enough players. Recently, a compact was signed between New Jersey, Nevada, and Delaware, allowing the states to share players. This has helped, but allowing international players will help even more.
Online gambling has had a huge impact in revitalizing Atlantic City, which suffered greatly during the 2008 recession and beyond. In 2017 alone, online gambling has increased by 27%. If this bill does get passed, it will only bring even better things for New Jersey’s online casinos and poker rooms.