NJ bets on federal approval of iGaming
iGaming sector is only regulated in New Jersey, Nevada and Delaware.
US.- The New Jersey General Assembly has urged US President Donald Trump to approve the federal legalisation of iGaming industry. Under a 2011 Department of Justice’s regulation, legislation on the sector has been left to each State. Currently, the online gaming industry has been regulated only in New Jersey, Nevada and Delaware.
Several states, such as New York, Pennsylvania and Hawaii are debating upcoming projects in order to regulate the iGaming sector, including online sports betting. However, legislators are worried about the opposition’s statements against the federal legalisation. Trump has not revealed his position on the issue yet.
Attorney General nominee Jeff Sessions has announced his intentions to assess the 2011’s regulation and debate the federal position to approve iGaming. In response, the New Jersey General Assembly’s member Vincent Mazzeo (D-Northfield) asked the newly sworn-in president to oppose federal ban on the industry.
“A federal prohibition against Internet gaming would directly and negatively impact New Jersey by dismantling the investments that the State and Atlantic City casinos have already made to implement and regulate Internet gaming, taking away the economic and employment opportunities already realized by the State and its residents, and foreclosing the future potential of Internet gaming to generate tens of millions of dollars in tax revenue, create high-tech software jobs, and foster valuable business ventures for Atlantic City casinos in this State,” explains the official statement.
