Legislation sponsored by Senator Vince Polistina that supports and extends casinos’ use of online gambling through 2028 was signed into law.
Sen. Vince Polistina’s bill that supports and extends casinos’ use of online gambling through 2028 was signed into law. (Pixabay)
“I am pleased that this legislation was signed into law to support the continued growth and success of casinos all throughout New Jersey. Extending casinos use of online gambling will allow New Jersey to remain at the forefront of an evolving gambling industry,” said Polistina (R-02). “The legalization of online gambling and sports betting revitalized casinos in places like Atlantic city and created a number of good paying jobs after the Great Recession. This authorization extends the use of online gaming services through 2028 to ensure stability in the gambling industry.”
Online casino gambling was legalized in 2013 and was initially authorized for a ten-year period, which was set to expire in November of this year. In the ten years since its legalization, online gambling contributed to significant economic growth, job creation, and the enjoyment of responsible gambling by New Jersey residents and tourists.
Senator Polistina’s bill, A-2190/S-3075, amended the existing authorization to extend it for an additional five-year period, now ending in 2028.
“Internet gaming is a strong economic driver for the industry. In the ten years since its legalization, online gaming has generated millions of dollars in tax revenues for the state,” Polistina added. “This extension supports the integral role that online gambling plays in shaping the current and future success of casinos in New Jersey.”