Online gambling could already be in jeopardy
New Jersey's recently adopted law allowing online gambling may already be in jeopardy after lawmakers in both houses of Congress introduced legislation today that would ban gambling on the internet.
The bill, dubbed the "Restoration of America's Wire Act" has a strong supporter in casino mogul Sheldon Adelson, who coincidentally will host Gov. Chris Christie at the annual Republican Jewish Coalition forum later this week. Indeed, according to reports in The Hill, lobbyists for Sands, which Adelson owns, wrote one version of the bill.
The legislation, introduced with bi-partisan support in both houses, would outlaw online gambling and contains no grandfather for the three states - New Jersey, Delaware and Nevada - that already allow online gaming.
The bill's main sponsor in the upper chamber, South Carolina Republican Sen. Lindsay Graham said today that the Justice Department went too far when it claimed the existing law only applied to sports betting.
"This is yet another example of the Holder Justice Department and Obama Administration ignoring the law," said Graham, a member of the Senate Judiciary Committee. "In 1999, South Carolina outlawed video poker and removed over 33,000 video poker machines from within its borders. Now, because of the Obama Administration's decision, virtually any cell phone or computer can again become a video poker machine. It's simply not right."
New Jersey Democratic Sen. Bob Menendez was quick to condemn the bill, which would end the state's as yet unrealized hopes of a financial windfall from online gambling.