New Jersey lawmakers are contemplating a new approach to handling individuals under 21 who engage in illegal gambling activities at Atlantic City casinos. Senate Bill S-1599, which is currently under consideration, aims to provide the courts with alternative options when dealing with underage gamblers, including compulsory treatment and education programs in addition to fines.
Proposed Changes for Underage Gambling:
Presently, underage gambling at Atlantic City casinos in New Jersey carries a fine ranging from $500 to $1,000. The new bill, if enacted, would grant judges the discretion to impose fines, mandate treatment, or opt for a combination of both penalties. The sponsors of the bill, Senators James Beach, Shirley Turner, and co-sponsor Patrick Diegnan, argue that underage individuals engaged in gambling may be grappling with deeper issues that necessitate treatment.
Promoting Responsible Gaming Initiatives:
New Jersey is taking proactive steps to enhance responsible gaming efforts. In April, New Jersey’s Attorney General, Matthew J. Platkin, and Director of the Division of Gaming Enforcement (DGE), David Rebuck, announced the appointment of a responsible gaming coordinator. This move is part of a broader responsible gaming initiative announced by the DGE in February. Additionally, the state is introducing new advertising standards for operators and streamlining the self-exclusion process for players.
Atlantic City Casino Profitability in 2022:
The New Jersey Division of Gaming Enforcement’s 2022 profitability figures for Atlantic City’s nine casinos revealed an aggregated operating profit of $731.2 million, representing a 4.6% decline compared to 2021. Only two casinos managed to improve their operating profits in 2022. Hard Rock reported profits exceeding $128 million, marking a significant increase of more than 20%, while Ocean generated $96.2 million, representing a 5.5% rise.
However, other casinos faced declining profitability, including Bally’s, Borgata, Caesars, Harrah’s, Resorts, and Tropicana. These casinos reported varying degrees of profit decreases in 2022, ranging from 2.7% to as much as 24%. The figures underscore the challenges faced by some Atlantic City casinos in maintaining their profitability.
The proposed New Jersey Senate Bill S-1599 represents a shift towards a more comprehensive approach to dealing with underage gambling in Atlantic City casinos. By offering alternatives to fines, such as compulsory treatment and education programs, the legislation recognizes the potential underlying issues faced by young gamblers. Furthermore, New Jersey’s commitment to responsible gaming initiatives and its ongoing efforts to streamline self-exclusion processes demonstrate the state’s dedication to fostering a safer and more responsible gaming environment.