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Partially Legitimate Concerns

New Jersey’s land gambling industry, the casinos that make up Atlantic City, have just announced a full scale objection to the proposed state gambling regulations that would have legalized an intrastate online gambling industry. What’s interesting is that both sides have very legitimate concerns about offering online casino sites into the New Jersey market. On the one side, the state government is looking for a way to increase the amount of revenue flowing into the state from the gambling industry and the internet gambling sites make a sensible option since so many US states are currently considering intrastate online gambling.

Then on the other hand, the land based casinos out of Atlantic City are legitimately concerned that by allowing online casinos into the market the state will begin to make Atlantic City obsolete. Part of New Jersey’s working structure is the fact that Atlantic City is a destination resort area within the state. The land gambling companies worry that internet gambling sites run by offshore online casino companies will allow gambling all over the state and thus negate the flow of residents into Atlantic City for gambling weekends and events.

To counter those claims though, the New Jersey government highlights the fact that land gambling venues in the state are the funnels of all of the potential online casino gambling revenue for New Jersey. Although other companies may back the gambling sites, the land venues in Atlantic City will hold the ropes and gain a lot of potential revenue through this proposed internet gambling structure.