Archive for June 30th, 2010

Some of the provisions being considered would be letting the casinos filter sports betting online and featuring online table games.  Corbo stated that the company behind this, the Interactive Media Entertainment & Gaming Association, deals in large part with offshore online casinos and Internet gambling.

“New Jersey, which has set the gold standard for its gambling laws, should not now have its gambling laws driven by a group like iMEGA that is made up of offshore Internet gambling sites that are not permitted to accept wagers in the United States and are thumbing their nose at the United States Department of Justice,” he said in the letter.

President of the iMEGA company, Joseph Brennan, stated that the company would not treat the New Jersey Online Casinos any differently.

“We sought out New Jersey because they have the toughest gaming regulators on the planet, and they’ll probably be even tougher on anyone that wants to fill this space,” he remarked.

“We advocated all along for the existing Atlantic City casinos to be the apex of this industry and this effort,” Brennan added. “The revenue would flow through them. The opportunity for Internet operators is to ink partnerships with casinos, which don’t currently have the expertise, the technology or the manpower to get this business up off the ground.”

Brennan stated that as many as 57,000 jobs could be created and over $7 billion in revenue.