New Jersey Legal online casinos scene
For a long time, online gambling was banned on the territory of the United States. This was done by the imposing of the UIGEA act which banned online casinos from conducting monetary transactions across US territory. But as time passed things began to change. In 2013 the governor of the New Jersey area decides to pass a bill and make online gambling legal on the territory of New Jersey. All online casinos who decided to enter this market would first have to obtain an operating license by the New Jersey Division of Gaming Enforcement. Also, the gaming servers would have to be located locally in the New Jersey area and only people residing in the area could play at the casinos. Many people consider this as a soft reopening of the online gambling market on US territory and soon more jurisdictions are sure to follow.
Since online gambling in the US was banned for a long time the procedures for obtaining an operating license and starting an online casino are very strict. Casinos will have to pay huge fess for the operating license itself and will have to follow strict rules. The online casino first has a soft opening and is allowed to accept a limited number of players. Once it proves that its business is conducted in a safe and professional manner only then will it be allowed to operate at full capacity.
Needless to say that online casinos are beginning to spring up on the territory of New Jersey. Most of the new online casinos are already well-known land based establishments from Atlantic City which has decided to take their operations online. The revenue research shows that the fees associated with the operations cost and obtaining of license will be covered and the online casinos can expect to earn a healthy profit. In the near future we are guaranteed to see many more new online casinos being launched which will be happy to accept players coming from New Jersey.
What does this mean for online gambling in the US?
Well in short this means change. Other states from the US have also announced that they will consider online gambling to be made legal again. In 2013 Nevada also took a step forward to online gambling and they legalized online poker. At the moment online casinos are still banned from operating on their territory, but that can change in the near future. The purpose of the legalization of online casinos on the territory of New Jersey is to prove that online casinos are safe to play at as long as strict legislation is imposed. The dark ages of rogue online casinos are well past us, so we can look forward to a bright future. In the upcoming years we are bound to see more US states legalizing online gambling, hopefully until one day it’s made legal on the entire US territory. Until then only players from New Jersey can enjoy the benefits online casinos have to offer.
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