Poker Chips and Poker Games Blog

Playing poker online..it’s always a topic that many of our friends and customers bring up. Of course we at Signature Poker don’t concern ourselves with online gambling since we mostly deal with selling poker chips and other related poker items and not in the business of conducting gambling. So why do we even care about what the laws are concerning gaming right? Well basically it’s because many of you who purchase custom poker chips are also big fans of going to Vegas or Atlantic City to enjoy the the thrill and excitement of being in the “big leagues”. This same passion is a reason you purchase nice poker chip sets for your home game…because you want as much as possible to emulate that feeling or at least try right?

Internet poker is another thing altogether. Yes, some say it can contribute to a gambling addiction and limiting it was one of the claimed reasons for stopping it but we know the main reason was because the government was missing on all that money so instead of figuring something out they decided to make it illegal..at least for now. Sure, there are plenty of off shore companies that continue to run business online and plenty of customers to keep it going but the debate has been on how internet gambling can come back to the states legally. New Jersey seems to be leading the way on this issue.

According to figures released by the New Jersey Casino Control Commission, gaming revenues in Atlantic City dipped 13.2% during the 2009 calendar year compared to 2008. Sounds drastic but also expected in the current economic climate. You can read more of the details here. It’s humorous to me that the limiting of smoking in some establishments is considered a reason for a drop in the casino revenue but it kind of makes sense eh? Man, gamblers are deviants eh? No offense meant to smokers…I meant this jokingly and if you’ve been reading this blog you’d know I’m a jokester! Also Id like to note the total taxable gross revenue for the NJ casinos in 2009 was $3.9 billion dollars! This type of money is what all the fuss is about and why there is a debate around legalized internet gambling.

New Jersey now seems to want to lead the way in tapping into the internet poker stream and state Sen. Raymond Lesniak has introduced legislation that may bring intrastate internet poker to New Jersey through their Atlantic City casinos.
This landmark legislation which is identified as New Jersey Senate Bill 490 (S3167), is the first intrastate Internet gambling bill to be introduced in the U.S and could be the beginning of many more instances of this in many states. Many supporters actually think the bill will never pass…what do you think? We’ll have to see.

Read the rest of the story on the New Jersey Bill

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