NJ lawmakers pass Internet gambling bill (Update)

Feb 26, 2013 by Wayne Parry

(AP)—New Jersey's Internet gambling law is now in Gov. Chris Christie's hands.

The state legislature passed a bill Tuesday that would legalize Internet gambling.

The agreed Tuesday to earlier changes demanded Christie, who could sign it by day's end. The state Assembly and passed the bill by wide margins.

The changes include a 10-year trial period and higher taxes on casinos' online winnings.

Patrons would set up online accounts with one or more Atlantic City casinos, which would use special software to verify a player's age. Once the program is operational, which could take six months to a year, could play any game now offered in Atlantic City casinos, including electronic versions of slots and table games.

Online poker is expected to be big.

Explore further: Startups offer banking for smartphone users

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