mike1
1758
2013/02/11 13:43
#301029
Manne wrote:
Last week New Jersey Gov. Chris Christie put forward a proposal that supports the implementation of Internet gaming in the state. According to the governor’s website, Christie concludes that “now is the right time for the state to move forward and again lead the nation by becoming one of the first states” to allow online gaming.
"This bill represents an important policy decision for the residents of New Jersey, and a historic opportunity to continue the state's leadership as a premiere destination for tourism and entertainment. Such a significant step must be carefully considered, balancing the benefits of job creation, economic development, and the continued revitalization of Atlantic City against the risks of addiction, corruption and improper influence. It is my duty as governor to make these determinations," Christie said.
The proposal, contained in Christie’s conditional veto of Assembly Bill 2578, would revise and supplement the “Casino Control Act” to authorize Internet gaming through the licensed casinos operating in Atlantic City. The governor recommends safeguards for gambling addiction: "With these changes, we will increase resources to treat compulsive gambling, provide sensible safeguards to ensure careful oversight and a proper annual review of the implementation of Internet gaming, along with a 10-year sunset for future leaders to carefully reevaluate Internet gaming as a state policy broadly and critical transparency measures to guard against undue and improper influence and self-dealing.”
In his conditional veto, Christie also gave “great weight” to concerns over the potential spread of excessive gambling: "Our state cannot carelessly create a new generation of addicted gamers, sitting in their homes, using laptops or iPads, gambling their salaries and their futures," he said.
To protect against a proliferation of gambling addiction, the governor proposed an annual analysis of the potential harms associated with these new games to be undertaken at the expense of the gaming licensees. Furthermore, he recommends that Internet gaming and its societal impact should be studied and periodically revisited. To that end, he proposes that the law sunset after a period of 10 years, giving future policymakers the opportunity to revise and renew the law if appropriate.
New Jersey Approves Online Gaming | NACS Online
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1758
Anyone who is attempting to be a part of the online gambling industry in Europe knows that the need to understand the legal climate in Europe is paramount for success. Delegates were not disappointed at the conference which touched all the hot button topics and made significant progress in unraveling the maze of future and past legal hurdles in Europe. The peaking of interest in the European Union gambling market place has moved many operators to venture into emerging markets such as Latin America and the far east.
While the need for a harmonized platform for regulations within the E.U. is apparent and the European Commission has been talking about there has been little solid progress in the implementation of a platform. There is still discussion but as the refrain continues to be the same old talk the system seems bogged down by the usual let’s wait and see approach. The conference and summit is in its seventh year and offered only legal discussion and debate with no selling or commerce to distract from the main goal of enlightening attendees on legal issues in Europe.
The legal ramifications of the situation in Germany were also on the floor. Germany presents a unique issue within the Union where there are two different regulatory bodies in one country. While the European Commission has not insisted on E.U. legislation it has however stated its intent with a number of initiatives. Those include, enforcing compliance of national regulatory frameworks with EU law; enhancing supervision, administrative cooperation among member states and efficient enforcement; protecting consumers and citizens, minors and vulnerable persons; preventing fraud and money laundering; and safeguarding the integrity of sports and preventing match-fixing.
Emerging Online Gambling Markets Discussed at Summit