USA Online Gambling Regulations: Week of October 23Published October 29, 2013 by OCR Editor
States in the USA continue to work on passing legislation that will legalize online gambling; Delaware and New Jersey have already approved legislation and will launch their online gaming sites on October 31, and November 26.
Innovation Act of 2013
October 23, 2013 saw the introduction to the Innovation Act of 2013, introduced by Chairman of the House Committee on the Judiciary, Bob Goodlatte. The bill is aimed at combatting patent trolls, which are people or companies who buy up patents with no other purpose than later suing real companies for infringement.
Patent trolls tend to buy up patents on software, which has affected the online gaming industry. AGA president and CEP Geoff Freeman commended Goodlatte on his work that would prevent "frivolous patent litigation."
It is estimated that patent trolls cost the United States $29 billion in 2011, a 400% increase from 2005. The Innovation Act will hopefully reduce that number substantially.
New Jersey is Getting Ready to Gamble!
On October 23, Trump Plaza announced that it will be teaming up with UK-based online betting company, Betfair, to offer online gambling now that is has been legalized. Betfair has over 4 million registered users, and possesses TVG, the platform provider for 4NJBets, which is the only horse racing account-wagering platform that will be available to NJ residents.
With the launch date only weeks away, Betfair has initiated an ad campaign geared at getting players excited about gambling online in New Jersey, as well as collecting valuable consumer email addresses.
Betfair has not yet received official approval to launch their site in New Jersey; they are still waiting to hear from the New Jersey Division of Gaming Enforcement (DGE). Obviously, they are hopeful that the approval will come in time for the November 26 launch date.
Don't Hold Your Breath for Pennsylvania
While neighboring states Delaware and New Jersey have plans to launch online gambling at the ends of October and November, respectively, Pennsylvania is not eager to jump on the bandwagon. William H. Ryan Jr., chairman of the Pennsylvania Gaming Control Board, clearly said that the legalization is not a priority in Pennsylvania at this point in time. Instead, certain lobbies are trying to pass legislation that would legalize games of chances, including raffles and drawing, in bars. The hope is to increase state revenue by giving a large percentage of the profits from these games to the state.
Ryan added that perhaps Delaware is waiting to "how New Jersey makes it work and how much revenue can be produced" through the legalization of online gambling.
Roll Those Dice, Delaware
While New Jersey has been receiving most of the media's attention about their legalization of online gambling, the state of Delaware has also passed legislation legalizing online gambling, and its launch date is even before that of New Jersey's!
The date is set for October 31, and while Delaware officials intend to stick with that date, they have also made clear that many of the games will not be available. While the site will actually go live on October 31, it will take some time until it offers all of its intended games.