New Jersey takes another run at int’l online gambling liquidity

New Jersey is making a second run at convincing international online gambling operators to share liquidity with their counterparts in the Garden State.

Late last week, New Jersey State Sen. Ray Lesniak (pictured0 introduced S3536, which would “under certain circumstances” lift the state’s requirement that all online gambling operators taking money from New Jersey gamblers locate their servers within the geographical confines of Atlantic City.

S3536 claims that “the largest share of online gambling revenue comes from Europe,” which is “growing at a faster rate than the rest of the world.” As such, permitting select online servers to be located outside Atlantic City “if necessary to facilitate the conduct of international wagering, would increase the economic benefit of Internet gaming to Atlantic City and to this State.”

Lesniak originally vowed to introduce his bill this summer, after New Jersey Division of Gaming Enforcement director David Rebuck admitted that the server location requirement had proved the main sticking point in deterring international operators from taking the proposal seriously.