The Borgata Hotel Casino & Spa, which is co-owned by Boyd Gaming, is currently the market leader in New Jersey’s nascent online gambling industry with its platform partner bwin.party helping to provide a top quality product via its NJ.PartyPoker.com and BorgataPoker.com brands.

Lucky You 777, tucked away in a nondescript strip mall on Havana Street, does not look or sound much like a casino. Besides a bank of computer screens lit up with colorful sweepstakes games, there are no stern-looking pit bosses patrolling the floor, no cocktail waitresses serving drinks and, most noticeably, no noise.

As the online gambling market balloons to more than $39 billion over the next three years, security experts are warning it will become a hotbed for money laundering.

Gov. Rick Scott may be in the midst of deciding whether to allow the expansion of gambling in Florida with his negotiations with the Seminole Tribe, but this week he made it clear he vigorously opposes Internet gambling.

Just like it did to booksellers and travel agents, the Internet is rendering obsolete  money launderers inside brick-and-mortar casinos.

With online gambling set to be worth $39 billion by 2016, the industry is at risk of becoming a safe haven for money laundering, according to a report published on Thursday.