Legalizing Internet Poker in New Jersey is Good Public Policy

Internet Poker is a fast-growing, global industry The U.S. represents the largest percentage of Internet poker players worldwide. As worldwide popularity of online poker continues to grow, more countries are seeking to regulate it. Within the U.S., states are quickly seeking to benefit from a regulated online gambling industry. Nevada and Delaware have already passed legislation and more states are recognizing the benefits and proposing their own intrastate laws including, California, Florida and Iowa. The Time is Now to Protect the Personal Freedoms of New Jersey Residents Since April 15, 2011, when the Department of Justice shut down the three major Internet poker companies providing play in the U.S., thousands of New Jersey residents and millions of Americans have been unable to play the game of poker online. The PPA has over 20,000 members who reside in New Jersey, many of whom have sent letters, placed phone calls and sent tweets to the Governor urging his support of a fair, regulated environment to play online poker in the state. In an age where the Internet has become such an integral part of our daily lives, we must uphold the personal freedoms of New Jersey residents to play the game they enjoy in any format they prefer. The law will provide significant economic benefits for the State As recently reported by the New Jersey Division of Gaming Enforcement, Atlantic City's collective casino revenue fell 8 percent in 2012, marking the sixth straight annual decline. According to a 2010 study by Econsult, a regulated online gambling market could equate to anywhere between $210 million and $250 million in added gross revenue for the state. The analysis also estimated that the industry could create up to 1,900 jobs. The bill will directly increase Atlantic City’s revenue stream by requiring that all online gaming operators be restricted to land-based casinos in Atlantic City and casino operators would be required to obtain an online license (renewable on an annual basis) from regulators. New Jersey is uniquely positioned to lead this innovative new industry and help run the operations for other states that will want to adopt similar structures moving forward. Regardless of the player’s location within the state, all wagering will be deemed to have taken place where the casino’s server is located.

The bill allows for both interstate compacts and taking play from players in other countries as long as the New Jersey Division of Gaming Enforcement determines that such wagering is not inconsistent with federal law. regardless of age or issues with problem gambling. The law also protects against Internet gambling cafes by ensuring only casinos located in Atlantic City will be permitted to conduct Internet wagering. Providers will be regulated by the New Jersey Division of Gaming Enforcement and any vendor offering age verification or payment processing services must be licensed for the division to offer a percentage of gaming revenue.000 jobs and generate between $205 million and $472 million in total tax revenue. all New Jersey residents. Under the current bill. it could gain an estimated 57. Limit the maximum amount of any single wager on any game. The bill provides Internet safety standards that currently do not exist in New Jersey Currently. call 1-800-GAMBLER. Provisions will also be in place to protect problem gamblers including: o Requiring that "If you or someone you know has a gambling problem and wants help. age verification technology will ensure no residents under the age of 21 will be permitted to establish an Internet gaming account.S. o Requiring each provider includes a mechanism to: Limit the amount of money players lose within a specified period of time and the length of time a player will be unable to participate in gambling if they reach the established loss limit. If an Internet gaming provider headquartered outside of the U. o Prohibiting licensed providers from sending gaming-related mail or emails to an account holder while his or her account is suspended. . can access unregulated and potentially fraudulent online poker websites." or some comparable language must be displayed prominently at log on and log off times. o Requiring a statement detailing losses to the physical mailing address of players who have continually lost a sufficient amount of funding. Temporarily suspend a player’s account for any number of hours or days. If the state serves as a national hub. applies for a license. the division of gaming enforcement will consult with the Department of Justice prior to making a recommendation to the Casino Control commission regarding the license.

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