Following today’s actions by the Regulatory Oversight and Gaming committee, H5G CEO and President Anthony Singer released the following statement about S490/A2570:

“We applaud the Regulatory Oversight and Gaming committee for taking the Garden State one step closer to becoming the first U.S. state to explicitly legalize internet gaming. With the committee’s unanimous vote, New Jersey legislators have once again demonstrated that a regulated iGaming industry will have long-lasting value for our state.

“This legislation will bring new jobs to the state and allow businesses like High 5 Games to continue to grow and compete at an international level. While proposed federal legislation would only allow online poker at the request of Nevada casino interests, New Jersey’s bill would give its residents the freedom to play online poker, slots, blackjack, roulette or any other casino game.

“We look forward to the full Assembly addressing this legislation soon, so that New Jersey can position itself to become the new capital for the internet gaming industry.”