For the first time ever, a bill that would license and regulate online poker has passed through a legislative branch in the United States. The New Jersey Senate passed the Internet gambling bill Monday by an impressive 29-5 margin.
"New Jersey is very serious about this," said Joe Brennan Jr., chairman of the Interactive Media Entertainment and Gaming Association that has led the industry lobbying efforts in New Jersey. "They want to be the capital of this industry in the U.S. and have the resources to make a legitimate claim to be the home for this industry beyond being the first ones to pass a law."
The bill still has to pass through the New Jersey Assembly and be signed by Gov. Chris Christie before it would become law, but this is a significant step to the first officially legal online poker in the U.S.
It was one of seven bills passed by the New Jersey Senate in an effort to revive Atlantic City's ailing casinos and horse racing. The intrastate poker sites would be hosted by Atlantic City casinos. Within the U.S., only people in New Jersey would be able to participate. However, bill sponsor Sen. Raymond Lesniak interestingly added an amendment that would allow people outside the U.S. to open an account through the New Jersey casino sites, potentially creating a larger player pool.
The bill passed despite strenuous opposition from Harrah's Entertainment, which has four casinos in New Jersey. Harrah's has thrown its support behind a federal bill, which has never come close to making the progress accomplished in New Jersey this week.
"I don't know what it takes to get them on board," Brennan said. "We still welcome them on board, and they could potentially be the biggest beneficiary of this. I think this is a big political miscalculation on their part. By opposing this, it makes Harrah's seem like they only want a federal bill so the jobs and investment go to corporate headquarters in Nevada. I think they alienated a lot of politicians in New Jersey, a lot of people who matter."
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