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Casinos Oppose Online Efforts

The land gambling industry in New Jersey has been very heavily pushing for the full legalization of online casino gambling within the state. The federal regulations on internet gambling specifically pertain to offshore and interstate gambling so New Jersey, along with a handful of other US states have begun to legislatively explore the possibility of a fully regulated and controlled *intrastate* gambling industry. For New Jersey, this plan would allow the state to flesh out some of the huge state budget concerns while also generating new jobs within the state to combat the growing unemployment rate. For the past several weeks it has really seemed as though New Jersey was truly on the cusp of pushing through the bills proposing a state online casinos that operate out of the existing Atlantic City companies.

And interestingly enough the Atlantic City casinos have remained mum on their thoughts on the potential regulations, but now they are actually fighting the state’s attempts for a fully regulated intrastate gambling industry. In fact, 11 New Jersey land gambling companies out of Atlantic City announced an objection to the pending New Jersey regulations and have expressed concern that the planned New Jersey online casinos are not actually legal according to the UIGEA.

Also, Atlantic City casinos also feel that a large online gambling industry throughout the state will undermine the destination and resort gambling experience within the state that has been built up over the past several decades. With the current objections from the land gambling industry it’s expected that the New Jersey regulations may take longer than initially anticipated, if they are passed at all.