
The A3532 bill had previously gained the necessary support in the state Assembly and was voted in the affirmative by Senators on Friday. The bill, that seeks to regulate DFS in New Jersey actually surfaced last April, sponsored by
In general terms, the bill proposes to clarify that DFS is legal under state law as a game of skill. If approved, the Department of Law and Public Safety would be in charge of overseeing DFS, and not the Department of Gaming Enforcement.
Operators should register to accept users in the state, which would be subject to a fee equal to 9.25 % of a site’s gross revenue generated in the state. Operators must adhere to a variety of consumer protections, including a ban on DFS employee play and minors under 18; instituting problem gambling measures; provisions to make sure sites segregate player funds and operational funds. Casinos may offer DFS too.
Source: GMB / njlawjournal.com / njgamblingsites.com