It appears that New Jersey will very soon become the first state to legalize and regulate Internet gambling.
On January 10, 2011, the New Jersey State Assembly overwhelmingly passed an online gaming bill. This bill was passed by the state Senate, also overwhelmingly, late last year, and all that remains for the bill to become law is the expected signature of Governor Chris Christie. The bill would permit casinos in Atlantic City to offer online versions of their games to New Jersey residents.
Clearly, any move in the direction of legalization and regulation of online gaming is a good development. This reflects the ongoing change for the better in the public’s attitude toward gaming and the great interest that exists in creating a safe, legal space for people to gamble online.
However, the purely intrastate nature of the bill gives us pause when it comes to online poker. Players will be limited in that they will be allowed to compete only against other players who are located in New Jersey. This is far from the ideal player experience, as it limits the level of competition and excitement that is available.
In addition, because of this restriction, the newly legal online poker sites might receive relatively little online traffic and might take a long time to build up a critical mass of players.
Please see full article below for more information.
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