internet gambling – pressnews

[ad_1] New Jersey's casinos want to expand the state's tops-in-the-nation internet gambling market for another 10 years, but state lawmakers may only approve it for an additional two years.A state Ambssely committee approved a bill Tuesday that originally would have allowed online casino gambling to run through 2033. But the committee amended it to reduce the extension to just two years. The changes were not made public during the hearing, and lawmakers could not be reached for comment after the vote. It is unclear when a final vote might be held.Internet gambling has been a success story in New Jersey, which has won more from online gamblers than any of the five other states that also allow it.Since New Jersey began taking online bets in November 2013, Atlantic City's casinos and their...

[ad_1] While two-thirds of the country now offers legal sports betting, only six states offer online casino gambling, confounding industry hopes that the rapid growth of sports betting would also bring internet casino wagering along with it.Speaking Wednesday at the East Coast Gaming Congress in Atlantic City, industry executives and legislators from gambling states offered various explanations for why internet gambling has yet to expand beyond a handful of eastern states. Internet gambling is legal in New Jersey, Connecticut, Delaware, Michigan, Pennsylvania and West Virginia; Nevada offers online poker but not casino games. By contrast, 33 states plus Washington, D.C. offer legal sports betting.“It's a mystery to me why we have 30 or so states that have sports wagering, and only six t...

Tag: internet gambling

New Jersey casinos want 10 more years of internet gambling, but NJ may only approve for 2 more

As US sports bets boom, internet gambling is slow to expand