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A 2103 New Jersey law that allowed for online casino play, including poker, has a sunset provision. Who knew?
New Jersey lobbyist William Pascrell III did. He brought that up as part of a talk on the history of gambling in America to Seton Hall law school students September 20. The discussion marked the first day of the “Gaming, Compliance and Integrity Boot Camp” a conference to introduce the students to the possibilities of employment in the growing industry.
Pascrell, a partner in the Princeton Public Affairs Group, informed the audience that the 2013 New Jersey law that legalized online casino gaming expires in 2023.
“All these colossal companies doing online casino or poker, they have to hope it gets renewed,” Pascrell said. “We don’t know who the governor will be, we don’t know who the legislature will be.”
The operators expect to exceed $1 billion in online gaming revenue, according to State Division of Gaming Enforcement Director David Rebuck.
Easy enough, but operators hope to eliminate the law that says they must be linked to a casino entity to offer online gaming. Untethering, as it’s known, would save the 25 percent to 33 percent of their profits that now go to the host casinos.
Thus, talks about renewing the law could get complicated, Pascrell said. For the record, Pascrell believes the law will be reauthorized, according to NJ Online Gambling.
“But there will be some changes,” he said. “Any time you have a bill pushed that is of significance, with a lot of people looking at it, there will be a lot of people looking to put different things into it. Whether or not there is an untethering remains to be seen.”
Rebuck said the tethering situation might be in the minds of casino companies as they look to mergers and acquisitions. Caesars buying William Hill, for example.
“If you’re a casino and you acquired the company, you don’t have to be worried about [a guaranteed partnership with an online casino brand] going away; you own it, you operate it, you don’t have to worry about a third party coming in,” Rebuck said. “You are in control.”
Any change in the bill which could have a negative impact on the health of the industry in Atlantic City would have little support in Trenton.
Casino Connection is an online magazine focusing on gaming news, Atlantic City nightlife and entertainment, and comprehensive coverage of New Jersey’s online gaming industry. With a mixture of in-depth journalism and multi-media features, Casino Connection brings you complete coverage of entertainment, special events, nightlife, restaurants, promotions and of course, everything about gambling.
Roger Gros is publisher of Global Gaming Business magazine, the leading trade publication for the gaming industry. He has also been president of Casino Connection International, the magazines’ parent company since 2001. Prior to joining CCI, Gros was vice president of Casino Journal Publishing Group from 1984-2000, and was editor of Casino Journal, the National Gaming Summary and founding editor of Casino Player magazine. Gros was named “Businessman of the Year” for 1998 by the Greater Atlantic City Chamber of Commerce, and received the Lifetime Achievement Award in 2012 at the American Gaming Association’s Communications Awards. He is also the author of How to Win at Casino Gambling, published in 1996 by Carlton Books.
Robert Rossiello is the art director for Casino Connection Online and a contributing editor for Global Gaming Business magazine. He designs and produces the supplemental magazines to Global Gaming Business: Casino Style, G2E Preview and Tribal Government Gaming. He also is a photographer for these magazines and their websites. Prior to joining Casino Connection in 2003, Robert worked for over a decade in casino marketing and customer service for such Atlantic City properties as Tropicana Casino Hotel, Trump Taj Mahal and Bally’s Atlantic City.
Marjorie Preston started working in her first newsroom at the age of 19. A longtime journalist and reporter, she joined Global Gaming Business in 2007 as managing editor of Casino Connection. She has contributed to many regional and national magazines including Atlantic City Weekly, Philadelphia Weekly, Ladies Home Journal, Fitness, and New Woman. She is currently Global Gaming Business’ managing editor.
Becky Kingman-Gros is the COO of Casino Connection International, LLC. Becky started her 25-year career in publishing working for a small publisher that produced several weekly newspapers. During her tenure, she held positions in accounting, advertising and circulation. She moved on to work for Logical Solutions International, a hardware and software solutions provider, to the gaming & hospitality industries, and Morowitz Gaming, a consultant to the casino industry. This combined experience laid the groundwork for establishing Kingman-Gros as a leader with a unique understanding of this niche market. Becky has been with CCI since its inception and continues to strengthen the core focus of the company.
Terri Brady has been in the gaming industry for over 25 years. She has been responsible for developing and implementing company sales objectives, launching new product lines and driving company revenue. Brady previously held positions with Aruze Gaming America as the Vice President of Sales for US and Canada, Director of Sales at Cyberview and Director of Sales for Aristocrat Technologies Inc. Brady graduated from the University of Nevada Las Vegas, with a Bachelor of Arts degree in Communication Studies.
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Terri Brady
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702-248-1565 ext. 227
Tbrady@ggbmagazine.com
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