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Learn more about online gambling licensing in New Jersey!
Online gambling is relatively new in the United States and only a few states have legalized the activity with New Jersey being one of them. The New Jersey Casino Control Commission licenses online casinos and all other entities that deal with online gambling in New Jersey. This commission is tasked with ensuring that online casinos operate within particular standards to ensure fairness and safety.
The new online gambling legislation in New Jersey prohibits all businesses besides Atlantic City casinos from allowing their businesses to be used for online gambling and it also prevents them from advertising online gambling. This legislation was signed into law on February 26th, 2013 and it gives online gambling a trial period of 10 years. Only websites that are operated by Atlantic City casinos are given licenses to operate online gambling and this commission also imposes a 15% tax on online gaming revenues compared to the 8% imposed on land-based casino revenue.
The commission only provides licensing to casinos that require that players are at least 21 years of age or older and that they play at a computer located in New Jersey. In order to ensure that players are in the state of New Jersey, the location of the computer is verified by GPS. Online gambling is still relatively new in New Jersey and it is likely that the Casino Control Commission will add more regulations and requirements for licensing in the future.
Currently, online gambling in New Jersey is only allowed from computers located within the jurisdiction of New Jersey and the sites that operate online casinos must also be in Atlantic City, New Jersey.
Would you like to learn more? Visit the following link for more details and information: state.nj.us.