The state of New Jersey approved the establishment of online casinos after Gov. Chris Christie signed into law a bill that the two state legislative chambers had approved earlier.
The final text of the law limits the activities of the internet casinos to players located within New Jersey's borders, albeit with certain specific exceptions, increases the taxes on the casinos' online winnings from 10 to 15 percent and establishes a 10-year trial period for internet gambling.
Singapore's Casinos Draw Hordes of Enthusiasts Despite Heavy Government Levy
Singaporeans have made more than one million visits to the country's two new casinos despite a levy of 100 Singapore dollars (75 US) designed to deter them, the government said Wednesday.
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Christie said at the signing ceremony that the economic benefits of the measure had been carefully examined with an eye toward the risks of "addiction and corruption".
The measure is considered to be support provided by state authorities for the casinos in Atlantic City, New Jersey's gambling center, where several of the main casinos are struggling with serious a financial situation due to loss of revenues, as local media have reported in recent days.
New Jersey thus becomes the third US state to legalize online gaming after Nevada and Delaware.
Source: IANS
New Jersey thus becomes the third US state to legalize online gaming after Nevada and Delaware.
Source: IANS
Nepal's Casinos May Soon Shut Down
Nepal's casinos, which draw thousands of foreign tourists each year, are under threat after tax investigators recommended eight out of ten of them be closed, an official said Tuesday.
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 Belgium Bans Smoking in Cafes, CasinosBelgium's top court expands the country's smoking ban in all cafes and casinos. | Advertisement
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Asian Casinos Combat Crooks
While loads of bucks flush into Asia's glimmering casinos, they are transforming the front line of an occasionally massive lucrative battle between cheats and the house, concur experts.
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