NJ online poker legislation (passed)

[TheDarkElf]

Originally Posted by LirvA

Yes and the federal government wants money too. It's like 80 trillion dollars in debt.

With federal legislation, you have federal regulations blanketed across the entire nation, and states that opt out cannot legislate their own intrastate regulations. Therefor, if someone doesn't like the regulations, the only thing they can do is move to a different country.

But with state legislation, what one government does in one state has no affect on another state, so if you don't like the regulations you can just move to a different state.

Easier to move to a different state than a different country.

1. $15 trillion is not "like" $80 trillion.
2. Only the Barton bill contains a clause stating that opt out states cannot have their own intra-state poker sites; it is entirely possible that clause will have to be removed at some point to gain widespread support.

[TheEngineer]

Originally Posted by LirvA

Yes and the federal government wants money too. It's like 80 trillion dollars in debt.

With federal legislation, you have federal regulations blanketed across the entire nation, and states that opt out cannot legislate their own intrastate regulations. Therefor, if someone doesn't like the regulations, the only thing they can do is move to a different country.

But with state legislation, what one government does in one state has no affect on another state, so if you don't like the regulations you can just move to a different state.

Easier to move to a different state than a different country.

That doesn't excuse statism at the state level.

I'm not sure why you are so accepting of state-level statism, but none of these state bills are better for players than the Barton bill.

Additionally, it may be possible to pass legislation in NJ, CA, and NV, but many of us live in states that will require constitutional amendments to authorize intrastate online poker (or would require them to be run through that state's lottery...would that be statist enough for you?), while that limitation is not a factor with federal legislation.

PPA does not oppose the NJ bill, of course. PPA may very well endorse it once we complete reviewing the new filing, but your posts seem to be limited to "the federal government is evil...keep them out at all costs," when the reality of our situation is that it's the states (aside from NV) that treat gaming as something to be permitted solely for revenue -- and the maximum revenue at that.

[sluggger5x]

Thank you TE.

[Stinky Stu]

Originally Posted by TheEngineer

PPA does not oppose the NJ bill, of course. PPA may very well endorse it once we complete reviewing the new filing, but your posts seem to be limited to "the federal government is evil...keep them out at all costs," when the reality of our situation is that it's the states (aside from NV) that treat gaming as something to be permitted solely for revenue -- and the maximum revenue at that.

So true and well-said.

[PokerXanadu]

New Jersey State Sen. Raymond Lesniak Reintroduces Internet Gambling Bill

New Jersey State Sen. Raymond Lesniak reintroduced legislation Thursday to make New Jersey the first state to legalize online gambling.

His original Internet gambling bill passed through both houses of state government earlier this year only to be vetoed by Gov. Chris Christie in March.

The day of the veto, Lesniak told PokerNews that he would not reintroduce the bill unless he reached an agreement with Christie that would guarantee the bill would not be vetoed again. No such compromise has been reached.

Lesniak said Wednesday that he is introducing the bill anyway because the horse-racing industry in New Jersey may die in the next couple of years without the revenue it could get subsidized from online gambling. The timing of the reintroduction coincides with the announcement last week that Perretti Farms, the largest breeder of standardbred horses in the Garden State, will be closing down. Horse farms are a large part of the economy in central New Jersey.

...

[PokerXanadu]

New Jersey S3019
An Act authorizing Internet wagering at Atlantic City casinos under certain circumstances and amending and supplementing the "Casino Control Act", P.L.1977, c.110 (C.5:12-1 et seq.).

Text in html.
Text in PDF.

[PokerXanadu]

Cliffs:

Licensed NJ casinos can get a permit to offer iGambling (including iPoker) to residents of NJ who are at least 21 years old.
All iGambling facilities have to be located in Atlantic City, either in a secure room in a casino or a separate secure facility.
All iGambling wagers are considered to take place in AC.
Only the licensed casinos with an iGambling permit can legally offer iGambling play to NJ players.
Casinos pay 12.5% tax of their gross iGambling revenues to the state.
Usual consumer protections for underage, problem gaming, etc.
Any applicable federal law will preempt or supersede NJ i-gambling.
Players must be located in NJ at time of play.
Deposits by wire transfer, check, money order, cash, debit/credit card, electronic transfer.
Withdrawals by check or electronic transfer.
Player must provide proof of age and proof of NJ residency when opening account.
Anyone on the NJ casino lists of persons to be excluded from casinos cannot have an online account.
Other persons not allowed to open account: state officers and their employees; members of NJ Judiciary; members of NJ Legislature; AC officers; casino principals or employees.
Casino has the right to suspend or close any account at any time.
An inactive/dormant account (time period to be determined by regulation) will be closed after attempting to contact account holder by mail, phone and computer, and any account balance is distributed half to casino and half to casino control fund.
Crime to offer unlicensed play.
Crime to tamper with software or hardware.
Initial site license fee to cover administration costs: $200K or more for first calendar year.
Yearly site license fee to cover administration costs: $100K or more.
Yearly site fee for problem gaming programs: $100K.
All licensees must enter into a agreement to jointly contribute $20M annually to NJ horse racing for the first three years after enactment.

[TheDarkElf]

Originally Posted by PokerXanadu

Cliffs:
...
Deposits by wire transfer, check, money order, cash, debit/credit card, electronic transfer.
...

Also looks like you can deposit with cash at the casinos themselves.

[THEBIGYELLOWJOINT]

If this was passed in December 2011, how long would it take for ipoker to be up and running?

[ScreaminAsian]

Originally Posted by THEBIGYELLOWJOINT

If this was passed in December 2011, how long would it take for ipoker to be up and running?

february 2012 - july 2012 is the best case scenerio

should really be in LC tho

[Rays champs in 08]

i really hope this passes be really good for me as a horse owner and a poker player from NJ

[midas]

It will be very interesting to see how many tables will be filled with just one state's population. That being said NJ is one of the better test states to launch intrastate Ipoker.

[MrAce777]

I don't see any issues with this particular state bill. Looks like a go to me unless Christie turns his nose up to this one. Fingers crossed everyone!

[NutRush]

Originally Posted by PokerXanadu

Cliffs:

Other persons not allowed to open account: state officers and their employees; members of NJ Judiciary; members of NJ Legislature; AC officers; casino principals or employees.

does this include dealers?

[PokerXanadu]

Originally Posted by NutRush

does this include dealers?

Yes.