Every once in a while, our brain comes up with different questions about casinos.
One such question that you are dying to know about is, “How did the casino legalities end up as it is now?”
Many challenges came upon the New Jersey casino industry in the past.
Fortunately, they were able to overcome them, otherwise, you won’t be able to enjoy what you are enjoying right now.
That’s why it’s important to commemorate what the NJ casino industry have accomplished up until now.
And so, we’re going to go through each significant event in the casino industry.
1844 – New Jersey had a lot of issues in the lottery. This resulted in the banning of the said gambling form.
1870 – The Monmouth Park opens in New Jersey’s Oceanport, which made it the very first racetrack ever built in the state.
1894 – The next form of gambling that got banned was pari-mutuel betting, for the same reason.
1897 – To ensure the safety and integrity of the citizens, the congress decided to ban all forms of gambling, including the ones already banned.
1939 – The once-banned pari-mutuel gambling is now legalized by the state congress.
1953 – The beginning of the approval of certain forms of gambling, starting from charity gambling, bingo, and raffles.
1970 – Voters took action and helped to legalize New Jersey Lottery that led to an increase in gambling revenues.
1974 – A bill to legalize the use of casinos was started, but it was later on disapproved by the congress.
1976 – Voters made it possible for casinos to be built and used, although it is restricted to Atlantic City only.
1978 – New Jersey built its very first casino, which was then called Resorts Casino.
1983 – The minimum age of alcohol-drinking, as well as gambling, increased from 18 to 21 to reduce incidents in gambling facilities.
1987 – The sales of lottery tickets in New Jersey reached $1 billion for the very first time.
2006 – Voters made it possible for casinos to be built and used, although it is restricted to Atlantic City only.
2007 to 2009 – Issues came up in Atlantic City resulting in a fall in revenue and the start of their struggle.
2011 – An online gaming bill was created by lawmakers but didn’t make its way to the governor.
2012 – A bill approving sports betting in gambling facilities have been signed by the governors.
2013 – The next year, the same lawmaker revises the current gambling legislation of New Jersey for the better. This change led to issues on the sports betting on MLB, NBA, NFL, NHL and more.
2014 – Various casino clubs closed down, which resulted in a drop in the revenues of the New Jersey casino market.
2015 – PokerStars was licensed, which also made New Jersey the very first state to license the said casino site.
2016 – Various issues came up between the Taj Mahal and New Jersey which lead to a downfall in the casino industry.
There were a lot of problems that were faced by the New Jersey casino industry in the past. However, it’s fortunate that it was all overcome, otherwise, we won’t be able to enjoy the casino entertainment we have now.