|According to a report in the Press of Atlantic City, New Jersey has won a legal battle to stop sportsbooks from accepting wagers from Jersey residents. Two Caribbean online sports books and CryptoLogic, a software supplier to the Internet gambling industry, have agreed to stop taking bets from New Jersey, in response to civil lawsuits filed last year by the New Jersey Division of Gaming Enforcement (DGE).|
On Tuesday this week, the DGE announced that an out-of-court settlement had been reached with the companies. The settlement did not require the sports book repay New Jersey gamblers’ losses and account for their betting, as the DGE had originally sought.
``Essentially, we got what we wanted, which was to protect New Jersey citizens from these sites,” DGE spokesman Kerry Hand said.
``The settlements are the first of their kind, as the state of New Jersey gets tough on sports books that market to, and accept wagers from, people in New Jersey.
Intercasino.com, based in the Dutch Antilles island of Curacao, and CryptoLogic Inc., the Nasdaq-listed software supplier to the website, agreed that any future CryptoLogic licensing agreement will bar accepting sports bets `from persons located within New Jersey unless and until it becomes legal to do so.'
Toronto-based CryptoLogic and the DGE signed their agreement on April 23. Another sports book, Intertops.com of Antigua and Barbuda, agreed “to implement and maintain in good faith”, measures to prevent wagers from New Jersey. The company, as required by the DGE agreement, has posted a notice on their site that wagers from New Jersey will be rejected.