It’s really a Definite Maybe the next time for Christie on online Gambling for brand New Jersey
Saying ‘now is the time for our state to move forward, again at the forefront for the nation, by becoming one for the first states to permit Web gaming,’ New Jersey Gov. Chris Christie ironically once more this week vetoed his state’s draft that is latest of A web gambling statute. Citing concerns over gambling tax income rates being set too low, as well as over transparency issues for companies online that is seeking gambling, Christie nonetheless showed a glimmer of hope for passing of revised versions of the bill to come, possibly as early as March.
Both State Sen. Raymond Lesniak and State Assemblyman John Amodeo were encouraged by Christie’s real-money-casino.club wording in vetoing the bill, noting that ‘the governor’s concerns can be addressed’ easily with a newly worded measure.
At risk are huge amount of money in potential revenue, especially key in a state whose brick-and-mortar casinos took a hit that is heavy year, at least in part as a result of the ravages of Hurricane Sandy. Also impacting brand New Jersey’s ailing land casino marketplace is hard-hitting competition from gambling-friendly neighboring states like Pennsylvania and nyc. Revenues have now been dropping steadily since 2006, and hit a low of just over $3 billion a year ago from a 2006 total of $5.2 billion.
Perhaps blood that is smelling the veto action, Nevada Gov. Brian Sandoval quickly squeezed his Continue reading Two-Year Investigation Causes Super Bowl Party Raid