TRENTON — Bills to allow internet gambling and help subsidize race horse breeders are expected to advance in the New Jersey Legislature. The Assembly Budget Committee will consider the bills today. The internet gambling would be run by Atlantic City casinos and would include all games, including poker, that can be played at casinos. The state would tax Internet...
Internet gambling would be run by Atlantic City casinos and would include all games, including poker, that can be played at casinos if a bill that is expected to advance today in the state Legislature eventually becomes law.TRENTON — Bills to allow internet gambling and help subsidize race horse breeders are expected to advance in the New Jersey Legislature.
The Assembly Budget Committee will consider the bills today.
The internet gambling would be run by Atlantic City casinos and would include all games, including poker, that can be played at casinos.
The state would tax Internet betting proceeds at a rate of 20 percent.
The bill also envisions the state giving casinos permission to cut deals with race tracks to open Internet betting terminals at the tracks.
Another bill would establish a New Jersey Standardbred and Thoroughbred Racehorse Incentive Fund to assist the state's horse breeding industry.
Related coverage:
• New Jersey's casino gaming and horse racing industry enhanced under package of bills
• Reid pushes bill to allow for online gambling
• Star-Ledger editorial: Horse racing shouldn't get money from internet gambling