Lesniak to propose that New Jersey iGaming opens up to foreign markets

[The Buzz]

According to eGaming Review and other industry sources, N.J. State Senator Ray Lesniak will introduce a bill that would allow licensed iGaming operators in New Jersey to accept bets from foreign jurisdictions, later today. If New Jersey passed such legislation, it would be the first U.S. state to do so. Only Nevada and Delaware have online gambling operations up and running, and both states currently ring-fence players, only allowing players within their borders to gamble. For poker, that means that the only people who make up a network's liquidity are in that state. While several states have talked about wanting interstate online poker compacts, no one has currently done anything about it.

The announcement Thursday will come hours before the the start of the state’s five-day trial period, which gets under way at 6 p.m. Analysts estimate that New Jersey’s market could yield $250 million to $1.2 billion in gambling revenue in its first year, though the high end of the estimates have been met with skepticism.

http://www.pressofatlanticcity.com/n...a4bcf887a.html

[Nick.RevenueJet]

That's a typical U.S. hypocrisy. It's not allowed for foreign operators to entertain U.S. players, but U.S. operators will be allowed to accept foreign money.

If it we're so sad, it would be funny.