New Jersey Legalizes Internet Gambling

  • Posted on: 9 December 2015
  • By: admin

New Jersey Legalizes Internet Gambling

New Jersey Governor, Chris Christie, signed the state’s new internet gambling law into effect Tuesday, paving the way for regulation and taxation of online gambling. You can read about it at http://www.npr.org/2013/02/27/173025336/christie-signs-n-j-internet-gambling-bill-into-law

 

Why You Should Care

We all know illegal gambling happens, so the question is, why don’t we legalize it and tax it? New Jersey joins Nevada and Delaware as the states that have finally stepped into the 21st century. Instead of happening in offshore accounts, where US regulators and the IRS can’t reach, we now have another option.