About 75,000 people have signed up for online gambling in the first week and a half after its launch in New Jersey, but at least 200,000 others may have been turned away for various reasons.

online gambling
Luis Davilla, Getty Images
loading...

"You have to be in the state of New Jersey in order to be able to go online and engage in Internet gaming, and the casinos are being extra-precautionary, that they abide by the law," said state Sen. Ray Lesniak (D-Union), who's led the charge for Internet gambling for years.

He pointed out another problem is that some banks and credit card companies are reluctant to transfer money to online casino accounts, because this is brand new.

"It's certainly not helpful, and we have to convince the banks that this is legal; they've been so used to it being illegal, they're being way, way too precautionary, but we'll get over that," said Lesniak. "It's important that we get through these, because it means a considerable amount of revenue for Atlantic City's casinos, for the state of New Jersey, and it keeps thousands of jobs in place."

Lesniak believes New Jersey will eventually become the online gaming capital of the world.

"It's the wave of the future, the Internet indeed is the wave of doing business in any kind of business, and I expect New Jersey to be the leader," said Lesniak, "to expand to the international market, which is a 30 billion dollar market, and instead of those revenues going elsewhere, they'll be coming back here to the state of New Jersey."

More From WPG Talk Radio 95.5 FM