HI-TECH SPIN OFF FOR NEW JERSEY IF INTERNET GAMBLING IS LEGALISED
01st March, 2011 at 00:03:47
Guernsey expert gives his perspective on legalisation
The governor of New Jersey, who is currently deliberating on whether to sign into law new legislation legalising online gambling (see previous reports), would do well to take into consideration the beneficial impact on investment and employment that such an initiative could bring to his state.
Justin Bellinger, Business Development Director of Cable & Wireless on the Channel Island of Guernsey noted this week that: "The fast paced and extremely high-tech nature of the i-gaming industry is a boon to any economy. The complex technology required to support these operations requires an expansive and skilled workforce dedicated to supporting the operation 24/7.
"Specialist hosting facilities, information security skills and network operations centres overlay the underlying foundations of large, stable internet and power links.
"There isn't a more demanding proving ground for e-commerce activities than the gaming industry - in the jurisdictions that I have worked in this has led to many opportunities outside the gaming sector that simply were not available before the hosting, bandwidth and skills required to support the gaming industry were developed."
The proposed legalisation law has been sitting on Gov. Christie's desk since January 10, after receiving significant support in its passage through both Assembly and Senate. The Governor has four options to execute the Bill before the March 3rd deadline: He could veto the Bill, he could opt for a conditional veto, which sends the Bill back to Assembly and Senate for changes; he could approve the Bill into law; or he could choose to do nothing, in which case the Bill would automatically become law on March 4th.
In the event that the Bill does become law, it will allow residents of New Jersey to play at online casinos and poker rooms as long as the operations are run by companies based in New Jersey itself. This would of course include Atlantic City operations who have been having a rough time of it in recent years.
Related News Tags: Atlantic City, New Jersey