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Gaming News
Bill proposed to allow Atlantic City Casinos to run online casinos28 January 2001New Jersey Assemblymen Anthony Impreveduto and Neil Cohen introduced a bill last week to allow Atlantic City casinos to run online gambling operations. "Currently Internet gambling, virtual casinos, are completely and totally unregulated," stated Impreveduto. "It''s in the Wild West stages of the industry...We want to make sure that everyone who plays in a virtual casino plays safely, legitimately and is protected from any unscrupulous acts." Impreveduto said they had introduced the law to protect consumers since it was difficult for online casino players to discern whether or not the gaming operation was legitimate, safe and committed to paying out winnings. Impreveduto and Cohen said the bill only applies to licensed, land-based hotel casinos. According to Impreveduto, “The fact that every land-based casino has to go through an extremely rigorous process in which to get licensed--we know that they''re legitimate operators…. The penalty if a virtual casino is found to be corrupt is not only the loss of a virtual license, but also a land-based license." |