New Jersey signs online gambling bill into law on Tuesday February 26th, 2013.
New Jersey governor Chris Christie has signed a bill into law which will see New Jersey join the likes of Nevada as states with online gambling laws.
Many states control their land based gambling laws and lotteries so it seems that online gambling was the next target on the horizon.
Likewise in Canada many provinces have gone ahead with legalized online gambling in the provinces of Quebec, British Columbia, Ontario and recently Manitoba.
Many states are looking for more ways of generating tax revenue and probably one of the easiest ways of accomplishing this is legalizing and taxing something that has been ongoing for years.
With 2 major states now pursuing legalized online gambling, it is expected this will cause a trickle down effect with other states.
This could lead to legalizing all forms of online gambling although some states will probably be restrictive to certain types of gambling like casino and poker.
You can read more about the news here.
