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NJ online poker legislation (passed) (sites listed in OP) NJ online poker legislation (passed) (sites listed in OP)

01-10-2012 , 02:09 PM
A NJ legislator collapsed and died last night shortly after their final vote. There was supposed to be a State of the State by Gov Christie today, but that is now postponed.
01-10-2012 , 02:12 PM
Jersey LOL, well, are we going to get tables at the big M? this is as much BS as the port authority hiking up toll fees 4 dollars to build the new wtc ..
01-10-2012 , 02:25 PM
Quote:
Originally Posted by LT22
Fwiw, I usually have your exact view. However, the shared revenue to racing industry and casino games will def have some sort of impact. Hopefully it's minimal
I doubt we will get so lucky, but from a national perspective, NJ completely screwing it up somehow, while NV being successful would be a dream scenario.

Proof that it can be successful, even with a small player pool.

Proof that it can be screwed up, even with a larger pool.

Nothing could spell "need for federal regulation" better than that.
01-10-2012 , 03:38 PM
Quote:
Originally Posted by PokerXanadu
Could be interpreted to mean that you have to have a residence in NJ, or possibly just to mean that you are resident in NJ (i.e. located in NJ) at the time of account registration. It's ambiguous at best. The bill also requires all payout checks to be sent to a NJ address, which supports the "residence in NJ" interpretation. No accounts for NJ visitors/tourists would be a downer.
Online horse betting has a similar strict residence test. Also, you will need to provide social security number for tax reporting purposes.
01-10-2012 , 07:19 PM
If I read that bill correctly there will be crappppps, blackjack, slots etc? If thats so it really could be catastrophic for even the casual player. Also, lots of the recreational players who would play poker will instead opt to play these total gamboling games imo. Bad Beats if this is the case..
01-10-2012 , 07:30 PM
I wouldn't count on this bill passing, Christie will likely be forced to veto it he did last time.
Much like with the sports betting bill any online poker/gambling bill likely have to be put on the ballot for the voters to decide. Any expansion of gambling outside of AC will result in constitutional challenges further delaying any chance of online gambling. I expect the issue of online gambling will have to be decided by the voters of NJ before NJ regulates online gaming or opts-in on any federal bill. Lesniak knows the only way forward is by voter referendum but isn't sure it can pass.
01-10-2012 , 07:55 PM
Why do you think that? Quotes from Christie and Lesniak seem to indicate the exact opposite. Also under the terms of the bill couldn't they argue that all of the wagering is taking place in AC and therefore isn't necessarily expanding out of AC? I know it's a slightly iffy argument but certainly not too irrational to pass through. Not to mention Christie signed off on the sports betting challenge. Tack on the DOJ ruling, I don't see how this is any different. If anything, it seems more likely to get through.
01-11-2012 , 10:23 AM
Quote:
Originally Posted by Brilliant27
Given everything that we know at this date: What percentage chance do you think we have to be playing 1)June 1st 2)August 1st 3)December 1st?
Can someone explain to me the factors that would affect the timing for when we might have poker sites operating in NJ?

Assuming Christie signs/approves this by end of the month, are there other variables that will affect the timing or is the timing strictly dependent on when this is signed?

Does the bill explicitly define the earliest that a site could be up and running?

Or once signed, is it just however soon a company could get their site up and operational?
01-11-2012 , 11:06 AM
Quote:
Originally Posted by novahunterpa
I wouldn't count on this bill passing, Christie will likely be forced to veto it he did last time.
Much like with the sports betting bill any online poker/gambling bill likely have to be put on the ballot for the voters to decide. Any expansion of gambling outside of AC will result in constitutional challenges further delaying any chance of online gambling. I expect the issue of online gambling will have to be decided by the voters of NJ before NJ regulates online gaming or opts-in on any federal bill. Lesniak knows the only way forward is by voter referendum but isn't sure it can pass.
I don't think Christie will veto. When he vetoed the last bill, he was still mulling a presidential run. And being tarred as pro-gambling would have made trouble for him in the primaries. While there a lot of potential snags still, I don't think a Christie veto is one of them.
01-11-2012 , 12:16 PM
Quote:
Originally Posted by Duck Rabbit
Can someone explain to me the factors that would affect the timing for when we might have poker sites operating in NJ?

Assuming Christie signs/approves this by end of the month, are there other variables that will affect the timing or is the timing strictly dependent on when this is signed?

Does the bill explicitly define the earliest that a site could be up and running?

Or once signed, is it just however soon a company could get their site up and operational?
At least 6 mos maybe a year. Nothing happens fast in the regulated casino world.
01-11-2012 , 12:30 PM
Quote:
Originally Posted by Duck Rabbit
Or once signed, is it just however soon a company could get their site up and operational?
No, the gov't will have to create the regulations, the casinos have to be approved for a license among other things. It takes time.
01-11-2012 , 12:57 PM
I had an alert set up for NJ legislative bill progress, and just got this:

http://www.njleg.state.nj.us/bills/B...BillNumber=S52
Quote:
S52 Clarifies definition of illegal gambling to address Internet gambling; voids credit card debt incurred through illegal gambling; authorizes State to recover illegal gambling losses.*
State Government, Wagering, Tourism & Historic Preservation*

Last Session Bill Number: S316 **

Codey, Richard J. * as Primary Sponsor
*
1/10/2012 Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
I don't know anything more than what's there, but from the PDF, it looks like this affects only current unlicensed operators. Does this have any implications for a future NJ regulated market, or any real implications for the current status quo?
01-11-2012 , 01:15 PM
sounds like it's time for NJ residents to freeroll offshore sites? It sounds like it gives the state the right to re-collect losses from offshore sites. If that's viable, that is a genius way to shut them down IMO.
01-11-2012 , 02:25 PM
Is there a new scheduled date on when they will re-vote on this?
01-11-2012 , 06:25 PM
Quote:
Originally Posted by LT22
No, the gov't will have to create the regulations, the casinos have to be approved for a license among other things. It takes time.
They are already approved for a license. It just has to be tweaked to support on-line regulation.
01-11-2012 , 09:10 PM
Quote:
Originally Posted by LT22
sounds like it's time for NJ residents to freeroll offshore sites? It sounds like it gives the state the right to re-collect losses from offshore sites. If that's viable, that is a genius way to shut them down IMO.
NJ gives itself the right to collect the losses, and takes away the right of individuals or stakeholders to re-collect their losses, and screws credit card companies:

Quote:
Additionally, this bill makes explicit that with regard to an Internet gambling transaction or other gambling transaction that is illegal in this State, a judgment against a New Jersey bettor obtained in a jurisdiction in which such gambling transactions are legal will be unenforceable against the New Jersey bettor. The bill establishes a rebuttable presumption that credit card companies have actual or constructive knowledge that a party accepting its card is engaged in Internet gambling or another type of remote gambling that is illegal in New Jersey if one or more parties to the credit card transaction are engaged directly or indirectly in that type of gambling. The bill also establishes that only the State may sue to recover illegal gambling losses. Under current law the person who incurs the illegal gambling losses has a right to sue to recover the losses for a period of six months, and any other person can sue to recover the illegal gambling losses for a six month period after the original six month period has expired.

Finally, the bill repeals N.J.S.2A:40-2 and N.J.S.2A:40-6. N.J.S.2A:40-2 establishes the liability of a "stakeholder" to be sued for the recovery of illegal gambling losses held by the stakeholder. This is an antiquated concept that has not been applied in over a century. N.J.S.2A:40-6 establishes the right of a person other than the person who lost money through illegal gambling to recover illegal gambling losses for a certain period of time. The right of anyone other than the State to bring suit to recover losses is eliminated under the bill, rendering this section irrelevant.
This could be huge for Federal legislation, credit card companies were going to be the most rabid opponents of the spread of legal internet gambling, because it's hard enough to collect on a legal judgement.

However, when states make their judgements void on illegal internet gambling, the credit card companies may actually become sponsors for Barton type legislation.
01-12-2012 , 05:51 PM
Quote:
Originally Posted by 5204salty
I don't think Christie will veto. When he vetoed the last bill, he was still mulling a presidential run. And being tarred as pro-gambling would have made trouble for him in the primaries. While there a lot of potential snags still, I don't think a Christie veto is one of them.
And you don't think he is still thinking of a presidential run? Right now he hopes Romney taps him for the VP slot. And then there is '16 if the republican candidate loses in November.
01-12-2012 , 06:08 PM
Quote:
Originally Posted by tangled
And you don't think he is still thinking of a presidential run? Right now he hopes Romney taps him for the VP slot. And then there is '16 if the republican candidate loses in November.
Don't want to derail this thread but there is zero chance Christie would accept the VP spot. If he wanted to be president he would have ran this yea and most likely would have won the Repulican nomination. He can't leave NJ yet. He has done so much to turn around the ****storm Corzine (the criminal) made when he was in office. If Christie decided to up and leave two years in everything he has accomplished would turn to sh*t. Plus his ego won't let him play second fiddle.
01-12-2012 , 07:09 PM
Quote:
Originally Posted by mag8500
Don't want to derail this thread but there is zero chance Christie would accept the VP spot. If he wanted to be president he would have ran this yea and most likely would have won the Repulican nomination. He can't leave NJ yet. He has done so much to turn around the ****storm Corzine (the criminal) made when he was in office. If Christie decided to up and leave two years in everything he has accomplished would turn to sh*t. Plus his ego won't let him play second fiddle.
I'm sure the bears can't wait for him to get his stinking POA out of the state.

(OK, my one and only politard for this year.)
01-13-2012 , 05:57 PM
This was a pleasant read. I'm sitting on the beach surrounded by girls in Ca and for the first time this trip I'm excited to go home to NJ. Whens Christies decision supposed to be?
01-13-2012 , 06:32 PM
Quote:
Originally Posted by Royle Bluntson
This was a pleasant read. I'm sitting on the beach surrounded by girls in Ca and for the first time this trip I'm excited to go home to NJ. Whens Christies decision supposed to be?
they have to approve the bill first...all sources point to late January as the goal
01-13-2012 , 07:53 PM
Quote:
Originally Posted by mag8500
Don't want to derail this thread but there is zero chance Christie would accept the VP spot. If he wanted to be president he would have ran this yea and most likely would have won the Repulican nomination. He can't leave NJ yet. He has done so much to turn around the ****storm Corzine (the criminal) made when he was in office. If Christie decided to up and leave two years in everything he has accomplished would turn to sh*t. Plus his ego won't let him play second fiddle.
VP is exactly what Christie wants, because, win or lose in November, the VP candidate will be the guy on deck the next time the nomination is up for grabs. And we know how Republicans like to give the nomination to the guy next up. If Christie allows someone else to take the VP slot, then they will be next up.

Sure, Christie could have run for president this time, but then he would of caused waves with Romney, who would of scrutinized everything about his record. Romney has a well-funded national organization in place. Christie would of had to play catch up in hurry. Plus, maybe he really thinks he isn't ready. Also, if he ran this time, he would have been up against an incumbent president able to raise a billion dollars. Next time, its wide open.

And as far as leaving NJ now, well, you are assuming Romney will win in November.

Do you think Christie ever wants to be President? If so, I think if you play the hand out, and consider the different scenarios, you will see Christie is in a much better spot if he takes the VP nomination, then if he sits it out. He would be crazy to concede that advantage to someone else.
01-14-2012 , 04:23 AM
VPs are usually picked to guarantee a state in the election or rally a group like the Evangelicals to your side. Christie does none of this for Romney. He needs to pick a ultra conservative southern govenor as VP to balance out his ticket.
01-15-2012 , 02:24 PM
Quote:
Originally Posted by midas
VPs are usually picked to guarantee a state in the election or rally a group like the Evangelicals to your side. Christie does none of this for Romney. He needs to pick a ultra conservative southern govenor as VP to balance out his ticket.
Well, It would be big for Romney if Christie put NJ into play and forced Obama to spend resources to defend it.

But I do agree Christie would not be Romney's best choice. There is a reason bridesmaids dresses are ugly. No bride wants a bridesmaid to look better than she does. Christie would make Romney look small in comparison, like Bentsen did Dukakis in '88.

But I do think Christie would take VP if offered, and the offer is likely on his mind. And how do we know that some kind of quid-pro-quo understanding was not a factor in why Christie ultimately decided not to run.

The point is that national politics could still be a factor in any Ipoker decision Christie makes now.
01-15-2012 , 04:38 PM
Quote:
Originally Posted by tangled
Well, It would be big for Romney if Christie put NJ into play and forced Obama to spend resources to defend it.

But I do agree Christie would not be Romney's best choice. There is a reason bridesmaids dresses are ugly. No bride wants a bridesmaid to look better than she does. Christie would make Romney look small in comparison, like Bentsen did Dukakis in '88.

But I do think Christie would take VP if offered, and the offer is likely on his mind. And how do we know that some kind of quid-pro-quo understanding was not a factor in why Christie ultimately decided not to run.

The point is that national politics could still be a factor in any Ipoker decision Christie makes now.
Romney couldn't win NJ with Bruce Springsteen as his VP.

      
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