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New Jersey embraces online gambling, but only on some sites

If you follow the news about gambling laws or online gambling, you may already know that New Jersey has recently taken some progressive steps. Instead of refusing to allow any kind of gambling other than the state lottery, New Jersey has sought ways to regulate and even tax gambling.

For those with a little computer savvy and an entrepreneurial spirit, wading into the realm of online gambling may seem like a prime way to make money. After all, everyone knows that when it comes to gambling, the house always wins. There is a lot less overhead expense associated with creating an online casino or gambling site than there would be with building a physical casino. Doing so, however, could leave you at risk of criminal charges.

New Jersey has a record of being open to gambling enterprises

Atlantic City has been a gambling destination for decades, while legislation that is less than a decade old also opened up the state to legal sports betting at racetracks and casinos. Since then, there has been pushback, as federal law limits sports betting to only four states currently. Thankfully, the Supreme Court will review this situation to determine if the law in question violates states' rights to decide their own approach to sports gambling.

Several of the biggest names in casinos from Nevada also have a presence in New Jersey on the boardwalk in Atlantic City. Their presence has made the city a destination for many on the east coast and has only served to whet the cultural appetite for more forms of modern gambling. The state has catered to this appetite, recently allowing people in New Jersey to play online poker against people in both Delaware and Nevada.

Online gambling is newly legal on approved sites

Anyone with a computer and little bit of programming knowledge (or the capital to hire a programmer) could ostensibly create an online casino. However, just because you can doesn't mean that it is legal for anyone to do so. Currently, the The New Jersey Division of Gaming Enforcement has to carefully review and approve any website that wants to legally offer people in New Jersey an opportunity to gamble online.

For those who want to create a site that allows for gambling, state approval is critical. Failing to obtain that could leave the owner of an online gambling site open to both state and federal prosecution for violating gambling laws. There is potential to not only lose any assets acquired by running a gambling site but to incur substantial fines and penalties for breaking the law. The potential for a jail sentence for creating an illegal, unregulated online gambling site is also very real.

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