New Jersey On Line Poker Bill: Back on Track?

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RiverOfDreamz

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Yeah! I've never been so happy to be wrong LOL.
 
WEC

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Tue Feb 26th 4:13PM

The Wall Street Journal News Alert
Christie Signs N.J. Internet Gambling Bill

New Jersey Gov. Chris Christie signed a bill making the state the biggest yet to allow online gambling within its borders.
 
WEC

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Just to give you all some idea of how long it will be before any sites start-up based on this legislation, I was listening to the Caesars Entertainment earnings conference call yesterday when the CEO discussed it...

In Nevada, we received an interactive gaming operator license from the NGC, a key conceptual lunching of real-money online poker in our state. We expect to begin offering online real-money poker in Nevada in the coming months...

I would hope that the New Jersey regulators will take a look at what Nevada has already done since a lot of great work has been done by the Nevada authorities to get ready for online gaming in Nevada. With a little luck, perhaps that takes a year, for the regulations to be in place and suitability to be established given that applicants would all be existing offline operators. And then one could imagine that you'd be up and running within several months of that. So I would say, at the more optimistic end of the range, maybe 18 months -- somewhere between 18 months and 2 years following the governor's filing of this piece of legislation.


As far as the software they will use:

Well, I'll try to give you a little bit of a flavor of the software licenses for Poker. So we have 2 tracks underway at CIE on Poker platform. The first is the use of the 888 software with minor modification, and we have the right to use that software and introduce it, for example, in Nevada under what we consider to be quite reasonable terms. And I would expect that when we go live in Nevada, you'll see us on the 888 platform. We also, as you recall, acquired the right to use and customize the software platform of Barriere Digital all from France. We think that is a state-of-the-art perform. We have developers working on its modification to suit the World Series of Poker as we speak. So at some point when that modification is complete, we'd anticipate that we might migrate off of the 888 platform and onto the Barriere platform in due time.
 
CAMurray

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There are several sites I now play at that are owned by B&M casinos here in NV who have attained there OLP licenses and have launched their sites back in the summer. They have been working out the kinks for months and are ready to "flip the switch" according to some really attentive online customer service mods.

My favorite is GMP below.

Awesome Software.

:D
 

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kmbpoker

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yeah a matter of time. just wondering if it will be in my time. hate politics
 
domeburglar

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No matter how long it takes to be actually playing this is a huge step in the rigt direction! Im real excited
 
Jd0ubl3M

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To bad Texas will never get it signed over here with our Gov being in office
 
imboosted

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So this is only NJ? As in, you have to live there? I am a little confused. Thanks in advance for explanation!
 
Blobweird123

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So this is only NJ? As in, you have to live there? I am a little confused. Thanks in advance for explanation!

Hasn't really been defined 100% yet. My take on it is I would think you have to live here. But again its all hear say right now...
 
Rappyness

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I heard that it is now legal in New Jersey to gamble online. Also the signing of the bill should give the green light to the pokerstars acquisition of the Atlantic Club. PokerStars is hoping to receive a New Jersey gaming license and join the New Jersey regulated online gambling market when it goes live. Man, cant wait for PokerStars to make it happen so I dont have to use WU to deposit and I can now deposit using visa! Also it might help on speeding up cashing out for US players!
 
Blobweird123

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I heard that it is now legal in New Jersey to gamble online. Also the signing of the bill should give the green light to the PokerStars acquisition of the Atlantic Club. PokerStars is hoping to receive a New Jersey gaming license and join the New Jersey regulated online gambling market when it goes live. Man, cant wait for PokerStars to make it happen so I dont have to use WU to deposit and I can now deposit using Visa! Also it might help on speeding up cashing out for US players!

Where in Jersey are ya? And secondly, I have used Wells Fargo Visa Debit for Bovada, ACR and Carbon with absolutely no problems. And yes. It is now officially legal to gamble online in NJ. Though some say the feds will try to decide what parts of casino gaming will be allowed online and whether poker should be one of them. As in, legalize slots and blackjack, but illegalize poker. Why let the ones go that can actually bankrupt someone on purely luck is beyond me. Either way, I don't see it going down so I think we're in the clear! :party:
 
Rappyness

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Where in Jersey are ya? And secondly, I have used Wells Fargo Visa Debit for Bovada, ACR and Carbon with absolutely no problems. And yes. It is now officially legal to gamble online in NJ. Though some say the feds will try to decide what parts of casino gaming will be allowed online and whether poker should be one of them. As in, legalize slots and blackjack, but illegalize poker. Why let the ones go that can actually bankrupt someone on purely luck is beyond me. Either way, I don't see it going down so I think we're in the clear! :party:

I'm in Central, New Jersey. My visa debit card just doesn't make me do any transaction related to poker online which is why I was saying maybe now I will be able to. They better pick poker online because I would rage if they dont! Fudge slots and blackjack! Really hope everything falls into place!
 
CAMurray

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<<<< Just moved from 9 & 18
I'm frum Joisy, youfrum Joisy?

:cool:

BTW I have an Awesome Host comp contact at the Borgata. you give a C-note on the sly and get 2 nights on top with all meals, wine and tips comped for the 3 day/2night stay and whatever he does in the computer, they kiss your ars at the tables. Hit me a PM if your interested and can convince me he wont get busted.

Nice to be fluffed every now and then.:D
 
Blobweird123

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Im in Flemington but grew up in South Plainfield. Where in CNJ rappy?
 
Blobweird123

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Pretty close man! I am from Sayreville! At this moment my visa still doesn't work :(

Well there is still a lot that needs to be done here. It won't be instant gratification and will take a while. Also, I believe banks themselves would still have the right to choice whether they wanted to fund a gambling account or not.
 
kidkvno1

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http://pokerfuse.com/news/law-and-regulation/first-draft-of-new-jersey-online-gaming-regulations-expected-this-week-04-03/
First Draft of New Jersey Online Gaming Regulations Expected This Week
New Jersey’s gaming regulators could reveal preliminary standards for online gaming as early as this week.

The initial draft of the rules is expected to be finished Thursday, encouraging predictions of Internet poker by the end of the year.

“I don’t see any reason it wouldn’t be up and operating by the end of this year,” I. Nelson Rose, a leading gambling expert told The Star-Ledger.

Quick on the heels of a fast-tracked Nevada law that allowed for interstate compacts without a federal OK, New Jersey legalized online gambling last week, calling for Internet wagering to start within nine months.

Ever since a federal Internet poker bill failed last year, the two states have seemingly been in a rush to become the hub of online gaming.

Nevada Governor Brian Sandoval told constituents: “I intend to see to it that our state will lead the world into this new frontier.”

New Jersey Governor Chris Christie, who has made a public 180-degree turn on the issue in less than two years, said: “I am confident that we are offering a responsible yet exciting option that will make Atlantic City more competitive while also bringing financial benefits to New Jersey as a whole.”

Delaware also has legalized online gambling and could start taking bets by September 30.

While several of Nevada’s brick and mortar casinos have received operator licenses for online poker, none have yet to go live with real money games.

Last month, the state’s gaming officials granted some companies up to six months longer to test their software.

Like in Nevada, licenses in New Jersey would be limited only to casinos already in operation, specifically the 12 in Atlantic City.

The interstate compacts could help the three states with current online gaming laws expand player pools for poker.

Meanwhile, in New Jersey, PokerStars has a deal to purchase the Atlantic Club Casino Hotel in Atlantic City.

PokerStars attorney Jeff Ifrah told The Star Ledger that the revenue from online gaming could help plug state budget shortfalls. That boon to the economy could be even greater for the state that serves as the center of Internet poker.
 
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