World

New Jersey on Track to Legalize Sports Betting

Published

4 years ago

February 3, 2020

New Jersey gambling industry is going to see a big change in the form of Esports betting once the related bill gets passed in the NJ Assembly. It will not just introduce a plethora of entertainment opportunities for NJ players but also help to increase the value of the state revenue. And post the implementation of this new sports betting legislation, the overall revenue of the state will see a sky-rocket growth.

Currently, the global gambling industry stands at $4.58 billion (2019) and technology advancement has been playing a crucial role in increasing the demand for online casino games as well as sports betting. This boost in the online gambling industry has not just offered business opportunities for casinos and sports betting companies but it has also contributed to increasing the development of various sectors in New Jersey.

In the year 2018, the state had already introduced the sports-gaming law that legalized the in-person and online sports betting for the general population. Citing the example of the legalization of casino games and online sports betting, Assemblyman Ralph Caputo (D-Essex) sponsored the legislation to call for the legalization of esports betting under the 2018 sports gaming law.

The bill has been receiving huge support from partisan and it is about to get passed to legalize esports games in New Jersey. The sole motive of this bill is to make esports legal and popular. It will allow people to place bets on esports, especially on League of Legends in order to win a huge amount into their pockets. Many stakeholders will get benefitted due to the popularity of esports competitions just like sports betting. And New Jersey, as well as the global online gambling market, will see a big boost in the coming time.

After the one time permission granted by DGE in 2018, New Jersey’s gambling operator, many sportsbooks offered odds for League of Legends World Championship and this offer received a humongous response from online visitors. Hence, the discussion on legalizing esports is not new for New Jersey people. In the US, esports is not fully acceptable and hence online sportsbooks do not offer odds for tournaments falling under this category.

Since esports enjoy a huge demand among people and hence the legalization of esports under sports gaming law will simply make New Jersey a prominent place to offer opportunities for esports tournaments. After Nevada, it will become the second place to do so. Other than this, it will also become possible to keep a check on the illegal and unlicensed gambling operators working in New Jersey.

In addition to this, it will also offer more security to gamblers in the online betting market as it will become possible for gambling operators to put a check on online crimes happening in the New Jersey gambling industry. Legalization of sports betting has been receiving a lot of attention in many states of the US and it is in high demand to produce a high revenue for the other development works.

After the passing of the new sports betting act in New Jersey, it will be easier to generate enough funds for the development of educational and other important institutions in order to provide better facilities to the people of the state. It will also give a new boost to the global gambling industry and open more options for people to invest their money in different games in addition to entertaining themselves at the same time.

According to NJGamblingFun, New Jersey casino operators earned over 482 million dollars in profit in 2019 and the tax from this earning simply contributed to the revenue of the state to a great extent. And the December month of 2019 saw a record-breaking earning ($49.3 million) and this earning played a crucial role in taking the total to a huge value. New Jersey Games Application Division announced this news on its official platform in the month of January.

If we compare it with the statistics of the year 2018, then the December month revenue in 2019 witnessed a hike of about 70%. Until now, the process of legalizing the esports betting is underway, people have already started expressing their expectation from this bill.

This simply indicates that New Jersey people are so eagerly waiting for this new change in the world of esports. Under the bill, it has been mentioned that only the guidelines mentioned in the 2018 sports gambling law will be accepted and it has to comply with the stated standards of the DGE.

World

A Step-by-Step Guide to Hiring the Right Personal Injury Lawyer

Published

2 days ago

April 19, 2024

Michelle Langton

Are you dealing with injuries, loss of income, and hefty medical bills because of an accident that was not your fault? If yes, you need the services of an excellent personal injury lawyer. But how do you determine if a lawyer is a perfect match for your personal injury case when you have so many options? This step-by-step guide aims to teach you the critical steps to hiring the best personal injury lawyer in your state.

1. Know Why You Need a Personal Injury Attorney

Typically, you must hire the right personal injury lawyer if you are pursuing a lawsuit for personal injury. As defined on Forbes, a personal injury lawsuit is a civil action that an injured person takes against a person or company responsible for an accident that resulted in injuries.

For instance, you get into a car crash or slip and fall incident in the workplace because of someone else’s fault. You can sue the party responsible for injuries, lost wages, medical bills, and mental anguish.

But there are instances you may not need a personal injury attorney despite being in an accident. For example, a minor fender bender where no one sustained injuries or had their property damaged is easy to resolve without involving lawyers. So, after an accident, evaluate the damages incurred. If they are severe, search for a personal injury attorney.

2. Do Extensive Research

Where do I begin my search? Referrals are valuable because you can ask specific questions regarding the lawyer’s communication style, availability, litigation experience, and fee structure. So, ask family and friends to recommend someone they have worked with. Search for attorneys in your area online if you need referrals. You can type a simple search query like ‘personal injury attorney near me’ on Google. Alternatively, look for a lawyer through online directories.

3. Schedule Free Consultations

You want to know what a personal injury lawyer will do for you. Therefore, schedule a free consultation meeting and ask questions like:

What will you prioritize in my case?

The right attorney will focus on getting justice and fair compensation to ensure your stress-free recovery. Communication should also be a top priority. The lawyer should communicate with you using simple terms to help you understand your legal rights. More importantly, they should update you about the case progress on time.

Do you have experience handling cases like mine?

As lawyers at Cohen, Feeley, Altemose & Rambo law firm mention, experienced personal injury attorneys will guide you through the legal process. Even more interesting, they will handle negotiations on your behalf to safeguard your rights. So, make sure your lawyer has experience in personal injury law.

It would be better if they had specialized experience handling cases like yours. For example, if you are pursuing a truck accident lawsuit, you will want a personal injury lawyer with expertise in dealing with trucking accident claims.

What is the value of my personal injury claim?

After evaluating your case, a skilled attorney should tell you the worth of your personal injury claim. What you should be cautious of are unrealistic estimates and guarantees. There are no assurances in personal injury claims. If a lawyer promises a higher settlement that sounds too good to be true, do not fall for it because they are lying.

How much are your legal fees?

Personal injury lawyers work on a contingency fee arrangement. Based on Cornell Law School, a contingent fee structure allows lawyers to receive a certain percentage of the total settlement value a client wins. As a result, you do not pay your legal representative any upfront fee.

4. Check Testimonials

Aside from experience, work with a trustworthy and reputable attorney. You can quickly determine a lawyer has an outstanding reputation by reading testimonials from past clients.

Find out if the clients feel happy about the outcomes of their case. How about the style of communication? Does the lawyer explain legal terms in simple language?

A reputable lawyer will receive positive feedback from clients and respect from peers. Also, check with your local bar association to ensure your preferred lawyer doesn’t have disciplinary actions against them.

5. Select Your Lawyer

At this point, comfort matters a lot. Do not choose a lawyer you feel uncomfortable discussing your legal issues with. Also, ensure they have the experience and resources to win your personal injury claim. Equally important, they should have an excellent reputation.

Conclusion

When you are a victim of an accident that someone else caused out of negligence, you need to seek justice and compensation for your injuries. There is only one way to achieve these goals. You must work with the best lawyer to pursue a personal injury claim. True, choosing the right one can be challenging. But you can make an informed decision if you follow this step-by-step guide to hiring the right personal injury lawyer.