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Can New Jersey Be a Good Example of Successful Online Gambling Legalization?

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ONLINE GAMBLING – On the subject of playing, New Jersey is likely one of the most important states within the nation because of Atlantic Metropolis and its historical past as a playing hotspot.

Launching on-line playing and among the finest on-line casinos NJ could have saved Atlantic Metropolis from changing into out of date, however how did it come about, and what did it carry for different US states?

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NJ: The “Poster Boy” of On-line Playing within the US

New Jersey has been the primary state to legalize and regulate on-line playing and produce about among the finest NJ on-line casinos. And it has been essentially the most profitable U.S. state when it comes to producing income from New Jersey on-line on line casino websites and the entire on-line playing business. Due to this, New Jersey is taken into account the “poster boy” of digital playing legalization normally and has been an amazing instance for different states which are wanting into legalizing their very own types of on-line playing (and plenty of have).

Nevada and New Jersey Take Motion

Within the late Nineteen Nineties, the US Congress handed the Web Playing Prohibition Act, which banned on-line playing in America. However regardless of this prohibition, there have been nonetheless a couple of states that determined to legalize it anyway. It might take one other decade earlier than on-line playing was legalized on a nationwide scale—and even then, it took a while for different states to observe go well with.

The primary state to take action was Nevada. In 2013, they handed laws permitting for intrastate on-line poker websites. The following 12 months noticed New Jersey legalize intrastate sports activities betting. Nevertheless, it wasn’t till 2018 that each states opened up their markets for interstate and worldwide operators as effectively.

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New Jersey was the primary state to legalize New Jersey on-line casinos, nevertheless it hasn’t been simple for them. In 2011, New Jersey voters authorised a referendum that legalized on-line gaming inside their borders. Nevertheless, this led to a number of authorized challenges from different states and from the federal authorities itself. As we speak, New Jersey continues to be engaged on making certain compliance with current legal guidelines and laws and discovering methods to increase its providing’s enchantment past its present roster of video games (which incorporates poker).

NJ because the Most Necessary Playing State As a result of Atlantic Metropolis & Its Historical past

Concerning playing, New Jersey is likely one of the most important states within the nation because of Atlantic Metropolis and its historical past as a playing hotspot. In truth, New Jersey’s casinos have been round for over 150 years; they have been established through the Civil Battle period.

Along with its status for providing the most effective NJ on-line on line casino checklist on this planet, Atlantic Metropolis has been recognized for different types of leisure, akin to:

  • music festivals (Springsteen)

  • concert events (Bruce Springsteen)

  • film premieres (the unique Rocky)

New Jersey has been a pacesetter in on-line playing, launching the most effective on-line on line casino NJ websites, and the state’s playing market continues to be struggling. Nevertheless, New Jersey has made nice progress by sticking with its plan. New Jersey’s imaginative and prescient for a web-based playing business was to create an setting the place all licensed operators might compete equally on a degree taking part in area. As such, New Jersey applied strict laws on the variety of licenses it will problem in addition to what the minimal necessities have been for operators to acquire such licenses (akin to having a minimum of $200 million within the capital).

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Launching On-line Playing Could Have Saved Atlantic Metropolis

Since on-line playing was legalized, the state of New Jersey has seen a big increase in income. In truth, it is estimated that the state has made greater than $300 million since playing on-line grew to become authorized. It is a large improve from simply 4 years in the past when the state solely made round $100 million yearly.

To place this into perspective, on-line playing legalization has been so profitable that it’s credited with saving Atlantic Metropolis and serving to carry again vacationers to New Jersey. Since its peak in 2006, Atlantic Metropolis has struggled economically because of competitors from different states which have legalized casinos and competitors from neighboring states who do not enable casinos however do enable sports activities betting at their native bars or eating places (which might be finished legally in lots of locations).

What’s subsequent?

As you’ll be able to see, New Jersey’s success with the most effective on-line NJ on line casino websites is an effective instance of how the business can succeed. For different states trying to legalize on-line playing, it’s necessary to appreciate that this business continues to be in its infancy. As extra states legalize it and others get their toes moist out there, we’ll see this business develop exponentially.

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For example, let’s check out Atlantic Metropolis. At one level, it was thought of one of the crucial well-liked locations for on line casino gaming and tourism in America. However as newer casinos started popping up across the nation that provided higher facilities and leisure choices than these discovered at Atlantic Metropolis casinos (suppose accommodations with continuous reveals or eating places owned by movie star cooks), they have been now not capable of compete and subsequently closed their doorways.

On-line Playing Helped Enhance New Jersey’s Financial system

Whereas on-line playing just isn’t a panacea, it has helped increase the financial system of New Jersey. It has additionally helped preserve Atlantic Metropolis alive. This was one of many largest issues when on-line playing legalization happened within the state, and it’s nonetheless a serious concern in lots of different states as effectively. On-line playing may help generate income for the state and create jobs, which helps improve state tax revenues.

The truth that the state will get a chunk of the pie and never simply casinos can be a giant plus, as it could actually assist fund different initiatives.  This is the reason it will be important for states to legalize the business, because it has the potential to herald some huge cash. This can assist pay for presidency companies and cut back the necessity for tax will increase in different areas of presidency spending.

Nevertheless, it is very important word that not all states take the identical method concerning on-line playing legalization. Some states have determined to legalize solely sure types of on-line playing, whereas others have taken a extra cautious method. It’s because there are lots of unknowns about how the business will have an effect on their respective economies.

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Conclusion

New Jersey is a good instance of what can occur when the federal government will get in on the sport. By legalizing on-line playing and providing the most effective NJ on-line on line casino websites, they’ve seen a rise in state income and have stabilized their financial system. The long run appears shiny for New Jersey as they proceed to discover new alternatives on this business.

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New Jersey

NJ-11 County and Local Elected Officials Back Mikie Sherrill for Governor – Insider NJ

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NJ-11 County and Local Elected Officials Back Mikie Sherrill for Governor – Insider NJ


Today, more than 100 elected officials at the county and local levels from across New Jersey’s 11th Congressional District announced their endorsement of Mikie Sherrill for Governor of New Jersey. These leaders, from across Essex, Morris, and Passaic Counties, collectively released the following statement in support of Mikie Sherrill:

“For Mikie Sherrill, there’s no challenge too big and no problem too small. That’s why we’re thrilled to support her run for Governor of New Jersey.

“We represent communities across New Jersey’s 11th District, and we’ve had the privilege of working alongside Mikie Sherrill since as early as 2017. We’ve seen firsthand how she’ll never back down from a challenge, and how she’s willing to work with anyone, Democrat or Republican, to get things done for New Jerseyans. In times of crisis, she’s a leader – she makes tough decisions and she delivers.

“After Trump was elected in 2016, New Jersey needed real leadership, and Mikie Sherrill stepped up. In the three election cycles since, Mikie Sherrill has paved the way for strong Democratic leadership focused on results in every corner of the district. She’s helped elect Democratic mayors and council members – even in areas once taken for granted by the Republican Party. She listens to neighbors and community members, takes their concerns to heart, and will never back down when it comes to serving our state.

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“Take, for example, the Gateway Tunnel. Mikie ran her first campaign on a vow to build the Gateway Tunnel, and, after years of broken promises, we were skeptical. Yet, she did just that – leading the fight to fund the Gateway Tunnel and secure a federal cost-sharing agreement that will allow us to get the project done without raising state or local taxes on families. And Mikie didn’t stop there – she continues to be a fearless advocate when it comes to holding New Jersey Transit and Amtrak accountable for the ‘summers of hell’ we’ve experienced year after year. She knows what it’s like for parents not to know if they will be able to make it back in time to pick up their children from daycare, or to be able to coach their kids’ soccer team.

“That’s just one of the big issues Mikie has tackled during her time in Congress, but we also know that she cares deeply about making life easier for our residents and cutting through the bureaucratic red tape that frustrates all of us. Mikie and her team are always a phone call or a text away. When our residents come to us needing help, we often tell them to reach out to Mikie and her staff. From ensuring local veterans get all of their health care benefits, to helping our seniors navigate Medicare or Social Security, to making sure the IRS gives you back every dollar you’re owed, Mikie will stop at nothing to ensure that every New Jerseyan who needs help gets it.

“Time and again, we’ve seen Mikie – a lifelong public servant – step up to make life easier for New Jersey families. As Governor, we know she’ll do exactly that, and we’re excited to support her every step of the way.”

Sincerely,

Essex County Executive Joseph N. DiVincenzo, Jr.

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Essex County Clerk Christopher J. Durkin

Essex County Sheriff-elect Amir Jones

Essex County Register Juan Rivera, Jr.

Essex County Commissioner President Carlos M. Pomares

Essex County Commissioner Vice President Tyshammie L. Cooper

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Essex County Commissioner At-Large Patricia Sebold

Essex County Commissioner At-Large Romaine Graham

Essex County Commissioner At-Large Brendan W. Gill

Essex County Commissioner At-Large Wayne L. Richardson

Essex County Commissioner District 1 Robert Mercado

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Essex County Commissioner District 4 Leonard M. Luciano

Passaic County Clerk Danielle Ireland-Imhof

Passaic County Sheriff-elect Thomas Adamo

Passaic County Commissioner Orlando Cruz

Passaic County Commissioner Bruce James

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Passaic County Commissioner Pasquale “Pat” Lepore

Passaic County Commissioner-elect Rodney De Vore

Bloomfield Mayor Jenny Mundell

Bloomfield Councilwoman At-Large Monica Tabares

Bloomfield Councilwoman Third Ward Sarah Cruz

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Glen Ridge Mayor Deborah Mans

Glen Ridge Councilor Ann Marie Morrow

Glen Ridge Councilor Rich Law

Glen Ridge Councilor Peter A. Hughes

Glen Ridge Councilor LoriJeane Moody

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Glen Ridge Councilor David Lefkovitz

Glen Ridge Councilor Rebecca Meyer

Livingston Council Member Shawn Klein

Livingston Council Member Michael Vieira

Livingston Council Member Ketan Bhuptani

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Maplewood Mayor Nancy Adams

Maplewood Deputy Mayor Jamaine Cripe

Maplewood Committeeperson Dean Dafis

Maplewood Committeeperson Victor De Luca

Maplewood Committeewoman-elect Malia Herman

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Millburn Mayor Annette Romano

Millburn Committeeman Michael Cohen

Montclair Deputy Mayor Susan Shin Andersen

Montclair Third Ward Councilor Rahum Williams

Nutley Commissioner Thomas J. Evans

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Roseland Mayor James R. Spango

Roseland Council President Christopher Bardi

Roseland Councilman John Biront

Roseland Councilwoman Eileen Fishman

Roseland Councilman Neal Goldstein

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Roseland Councilman Marcelino “Moose” Trillo

Boonton Ward 2 Council Member Jacob Hettrich

Boonton Ward 2 Council Member Marie Devenezia

Chatham Borough Mayor Carolyn Dempsey

Chatham Borough Council President Jocelyn Mathiasen

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Chatham Borough Council Member Justin Strickland

Chatham Borough Council Member Karen Koronkiewicz

Chatham Borough Council Member Brian Hargrove

Chatham Borough Council Member Irene Treloar

Chatham Borough Council Member Katherine Hay

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Chatham Township Mayor Stacey Ewald

Chatham Township Deputy Mayor Michael Choi

Chatham Township Committeeperson Jen Rowland

Chatham Township Committeeperson Marty McHugh

Dover Mayor Mayor James P. Dodd

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Dover First Ward Council Member Claudia P. Toro

Dover First Ward Council Member Sandra Wittner

Dover Second Ward Council Member Geovani Estacio

Dover Third Ward Council Member Michael Scarneo

Dover Third Ward Council Member Karol Ruiz

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Dover Fourth Ward Council Member Arturo Santana

Dover Fourth Ward Council Member Marcos Tapia

Lincoln Park Ward III Councilman Patrick Antonetti

Madison Mayor Robert H. Conley

Madison Council President Eric Range

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Madison Council Member Rachel Ehrlich

Madison Council Member Robert E. Landrigan

Madison Council Member Tom Haralampoudis

Madison Council Member Melissa Honohan

Madison Council Member John Forte

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Mendham Township Deputy Mayor Lauren Spirig

Morris Plains Mayor Jason Karr

Morris Plains Council President Nancy Verga

Morris Plains Councilmember Joan Goddard

Morris Township Mayor Donna J. Guariglia

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Morris Township Deputy Mayor Jeffery R. Grayzel

Morris Township Committeeman Mark J. Gyorfy

Morris Township Committeeman William “Bud” Ravitz

Morris Township Committeeman Siva S. Jonnada

Mountain Lakes Mayor Khizar Sheikh

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Mountain Lakes Deputy Mayor Lauren Barnett

Mountain Lakes Councilmember Chris Cannon

Mountain Lakes Councilmember Cynthia Korman

Mountain Lakes Councilmember Tom Menard

Mountain Lakes Councilmember Melissa Muilenburg

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Parsippany Councilwoman Judy Hernandez

Rockaway Township Ward 4 Councilman Jonathan Sackett

Rockaway Township Ward 5 Councilman Emanuel “Manny” Friedlander

Little Falls Mayor James Damiano

Little Falls Council President Anthony Sgobba

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Little Falls Councilman Christopher Vancheri

Little Falls Councilwoman Christine Hablitz

Wayne Ward 5 Councilwoman Francine Ritter

Woodland Park Mayor Tracy Kallert

Woodland Park Council President Vincent DeCesare

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Woodland Park Councilwoman Tina Gatti

Woodland Park Councilwoman Christine Tiseo

Woodland Park Councilman Michael Sica

Woodland Park Councilman Adam Chaabane

Woodland Park Councilman Luis Torres

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These are the eight most ‘old-world’ towns in New Jersey, per ranking

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These are the eight most ‘old-world’ towns in New Jersey, per ranking


When people think of New Jersey, “old-world” is not often the first phrase that comes to mind.

The term generally refers to a simpler, quaint lifestyle of previous centuries. For the most densely populated state in the country that is frequently associated — fairly or unfairly — with heavy traffic on busy highways, simple and quaint are usually foreign concepts.

But not all areas of New Jersey have the same makeup, as WorldAtlas.com noted in its recent list of “old-world” towns. The travel website compiled a group of eight municipalities in the Garden State described as “the living, breathing centers of America’s vibrant history,” from Revolutionary War battlegrounds to Victorian resorts along the Jersey Shore.

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“Perfect for history enthusiasts and families alike,” the site stated, “these towns provide a tranquil yet enlightening retreat from the usual hustle of the Northeast’s major cities.”

Here is the WorldAtlas.com list of eight old-world towns in New Jersey, the perfect day trip destinations for local residents seeking a glimpse into times gone by.

Old-world towns in NJ (per WorldAtlas)

  • Cape May: The seaside resort at the bottom tip of New Jersey boasts a layout that encourages walking, whether along the beach or the streets lined with shops and restaurants. Attractions include the Cape May Lighthouse, the World War II Lookout Tower and the Harriet Tubman Museum.
  • Lambertville: The Hunterdon County spot known as “The Antiques Capital of New Jersey” features several relics of bygone eras, including a hand-dug canal, train depot, and historic homes and townhouses.
  • Clinton: Another Hunterdon County locale, this town is best known for its Red Mill which now operates as a museum. Clinton’s colorful storefronts and a waterfall along the Raritan River offer beautiful views for visitors.
  • Haddonfield: The Camden County borough is home to Kings Highway, named by USA TODAY as one of the top 10 main streets in the country earlier this year. It also hosts a variety of cultural and community events, including the Haddonfield Crafts and Fine Art Festival each July.
  • Ocean Grove: Visitors to this Monmouth County resort town can check out the beach and boardwalk areas as well as Tent City, a collection of tent homes that date back to the town’s founding in 1869.
  • Allentown: The Monmouth County borough is home to Conines Millpond, a setting featuring an 1855 mill that represents its agrarian roots. There are more than 200 homes in Allentown that are on the state and national historic registries.
  • Smithville: A timely addition to the list, the Atlantic County community located within Galloway Township transforms into a winter wonderland with music, lights and seasonal treats each holiday season.
  • Medford: Located in Burlington County, this township’s historic architecture and preservation of its past contributed to a population growth in the most recent census in 2020.



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Fair Lawn man, NY associate facing civil action by NJ AG for defrauding investor

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Fair Lawn man, NY associate facing civil action by NJ AG for defrauding investor



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A Bergen County man and his New York business associate are facing a civil enforcement action filed by the New Jersey Bureau of Securities with the Division of Consumer Affairs for defrauding at least one New Jersey investor in an investment scheme tied to a job recruiting software service that they were allegedly trying to grow, according to the New Jersey Office of the Attorney General.

Michael Lakshin. of Fair Lawn, and Edward Aizman. of Brooklyn, as well as their company Bowmo, Inc. used “fraud and deception,” allegedly convincing one of Lakshin’s childhood friends to liquidate her retirement fund and invest in their start-up business venture, according to a civil complaint filed in Bergen County on Friday. They then allegedly diverted most of the funds for their own personal use including cash advances, hotel stays and purchases at car dealerships and designer stores among other expenditures.

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“The defendants in this case shamelessly bankrolled their lavish lifestyles with someone else’s hard-earned retirement savings,” said Attorney General Matthew J. Platkin. “The lawsuit announced today sends a clear message that this kind of blatant exploitation of investors will not go unpunished in New Jersey.”

The complaint alleges, according to the Office of the Attorney General, that from April through August 2020, Lakshin, Aizman and Bowmo (through Lakshin and Aizman), offered and sold at least $84,681.19 of Bowmo’s securities in the form of a convertible note to at least one NJ investor.

They told the investor that the Bowmo note was an investment opportunity which would provide her a “significantly higher return” than her retirement savings. They allegedly told her that Bowmo was successful, bringing in a lot of money through its success and that she could profit by investing her funds into the company.

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Lakshin also allegedly leveraged their childhood connection to convince her to invest. After learning about the investor’s retirement account, Lakshin allegedly pressured her to liquidate the account for the purpose of buying the Bowmo note.

Lakshin assured the investor that she would “realistically” be able to earn “A MUCH GREATER return,” through a series of text messages, falsely informed the investor that she should not have any taxes or penalties withheld when withdrawing funds from her account, and assured her that Bowmo would reimburse her for any taxes or penalties that would have to be paid as a result of the liquidation.

On June 25, 2020, the investor liquidated her retirement account. This liquidation included two charges and exposed her to paying taxes on the funds as she was not “rolling them over to another qualified retirement plan,” according to the Office of the Attorney General .

On July 2, 2020, the investor met with Lakshin and Aizman and signed a Bowmo subscription agreement. She wired $84,681.19 from her bank account to a Bowmo bank account controlled by Lakshin and Aizman later that month.

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A Bowmo investor package provided to the investor prior to investing said that funds would be used to further develop Bowmo’s software, expand its marketing business, and make strategic hires among other business-related ventures.

Instead, the defendants allegedly transferred the funds to bank accounts held by a seperate and unrelated entity and misused the funds by diverting them for personal and non-business-related purposes.

The lawsuit seeks a court order to permanently ban Bowmo, its president and chairman Lakshin, and its founder and CEO Aizman, from issuing, offering, or selling securities in New Jersey, according to the Office of the Attorney General. It also asks the court to assess civil monetary penalties, restitution plus interest and expenses for the victim, and disgorgement of all funds and profits gained from the scheme.

According to Bureau Chief Elizabeth M. Harris, this case “serves as a sobering example of why it’s vitally important to investigate investment products, even those offered by someone you know and trust.”

She continued, “It’s also an opportunity to remind our residents that while fraudulent investment schemes come in a variety of forms, the pressure to act fast to avoid missing out on a hot investment is a universal red flag of fraud that should not be ignored. In addition to doing their due diligence before investing, we urge New Jerseyans to follow their instincts when a transaction doesn’t pass the smell test.”

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Investors can obtain information about any financial professional doing business to or from New Jersey by visiting the Bureau’s website at www.NJSecurities.gov, or calling the Bureau within New Jersey at 1-866-446-8378 or from outside New Jersey at 973-504-3600.



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