Yes, it is difficult to pick the best of the lot when there are New Online Casinos NJ companies to choose from. And more on the way. A number of them include everything from slot machines to video poker to table games. Others barely scrape by on the cusp of glory.
Now, how can you choose the finest NJ online casino without investing a lot of time and effort? Today we bring you an inside glimpse at New Jersey’s gambling industry. Get the latest news and information on the US’s hottest gambling center. We also bring you ratings of the top games from the newest online casinos NJ and which ones are available for you online.
Best New Jersey Online Gambling Sites
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Identifying Licensed New Jersey Online Gambling Sites
What is the purpose of having a list of online casinos in NJ? Easy. The reason for this is that there are still a lot of online casinos posing as legal and safe. If you are not careful, it can be hard to distinguish between legal online New Jersey online casinos and casinos based overseas. Online casinos with offshore licenses may have shady practices and games that are beyond NDGE’s control.
As long as the New Jersey Gambling Division of Gaming Enforcement regulates the casinos, you can find comfort in knowing that NJ online casinos are safe and secure. It means you’ll know who’s responsible in case of problems with your account.
History of New Jersey Casinos
As far as its gambling industry is concerned, New Jersey ranks second only to Nevada. Gambling has been legal in the state for over 40 years. Despite its long history, New Jersey is a pioneer today, introducing new products and services at the forefront of the industry.
Gambling had been illegal in New Jersey before 1976 but attempted to legalize it began long before. Finally, in a referendum that allowed gambling, but only in Atlantic City, New Jersey voters approved the referendum after many years of effort. Opening in 1978, Resorts Atlantic City became the first casino to achieve great success. Within a few years, Atlantic City had a flourishing gambling industry, which attracted people from all over the east coast.
Due to increased competition and the Internet gambling boom of the 1990s, Atlantic City went into financial turmoil as its competition increased. Numerous Atlantic City casinos closed up shop in the early 2000s. In 2013 New Jersey enacted legislation legalizing online casinos, and there was an immediate boom. In addition, the New Jersey Supreme Court overturned the federal law that made sports betting illegal. The state brought this challenge in 2014 after it overturned the federal law that made it illegal.
As of today, gambling is one of New Jersey’s most profitable industries. As of 2013, there are 23 casinos in New Jersey. In addition, there are 17 online casinos. Casino revenues in California reached $233 million in June 2018, up from $228 million a year earlier. New Jersey continues to have a prosperous economy because the industry keeps creating jobs and promoting business.
New Jersey Gambling Sites Online
In New Jersey, online casinos are widely available, as mentioned above. The A2578 law made New Jersey casinos’ online gaming legal, provided casinos were partnered with land-based casinos in the state. As a result, the bill passed both houses of the legislature with wide margins, and they used online gambling to prop up the struggling industry. They drafted the bill for three years before New Jersey’s Legislature finally passed it.
Casinos are permitted to apply for a license in collaboration with existing online gaming operators or software providers under the law. An overall license costs $400,000. Of this total, $100,000 is due at the beginning of the application process to fund the application process. In Alberta, gambling licenses need to be renewed yearly at the cost of $500,000. Half of the fee goes to the state, and the other half to a fund to assist gamblers with compulsive behavior.
Taxes in Delaware and Pennsylvania are significantly higher, so each operator pays a total of 17.5 percent, a considerably lower rate. Obtaining a gambling license does not only limit to casino operators. Also, there is some sort of licensing required by groups like software providers, telecommunications providers, and tour operators. The New Jersey Division of Gaming Enforcement regulates casino industry participants after they get their license.
Many New Jersey online casino operators will launch very soon. It was right after they passed the bill legalizing online gambling since they had ample time to prepare for the possibility of online gambling in the state.
New Jersey Online Gambling Laws
NJ’s online gaming is regulated by the New Jersey Division of Gaming Enforcement (NJDGE). New Jersey’s legal online casino requirements include, among others:
- Possess an Internet Gaming Permit (issued by the NJDGE).
- They should submit all games and systems to the NJDGE for audit.
- Only players residing in New Jersey at the time of play are eligible to play real-money games.
- Playing real-money games is only allow to players over 21.
- They tax gross gaming revenues at 15% by the state of New Jersey.
- In addition, taxes and fees (e.g., responsible gambling, license fee) may be required.
- All incoming and outgoing funds should be audited.
This link will take you to the New Jersey regulation that governs online gambling. Restrictions and additional oversight by the NJDGE apply to all online gambling sites in New Jersey.
New Online Casinos in New Jersey FAQs
Can I gamble online in New Jersey?
Operators whose licenses are from the Division of Gaming Enforcement (DGE) of New Jersey may operate online casinos and poker sites. The DGE regulates all games.
How many casinos are in New Jersey online?
The state of New Jersey has over 20 live and active online casinos and poker sites. In addition, a dozen online sportsbooks are available in the Garden State, and more are on the way.
Are NJ online casinos rigged?
It states on its website they guarantee fair gameplay and honest payouts through random number generators. As well, it says that the operating companies extensively test and review each game before release.
What is the most legit online casino?
We have outlined the best New Jersey gaming sites on our site for you to quickly choose which one suits you. You may also visit our review of the newest new online casinos NJ sites.