It’s really a Definite Maybe the next time for Christie on Internet Gambling for brand New Jersey
Saying ‘now is the full time for our state to go forward, again leading the way for the nation, by becoming one of the very first states to allow online gaming,’ New Jersey Gov. Chris Christie ironically once again this week vetoed his state’s draft that is latest of an online 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 nevertheless revealed a glimmer of a cure for passage of revised versions of the bill to come, perhaps as early as March.
Both State Sen. Raymond Lesniak and State Assemblyman John Amodeo were encouraged by Christie’s wording in vetoing the bill, noting that ‘the governor’s concerns can easily be addressed’ with a newly worded measure.
At stake are vast amounts in potential income, specially key in a state whose brick-and-mortar casinos took a heavy hit last year, at minimum in component due to the ravages of Hurricane Sandy. Also affecting New Jersey’s ailing land casino market is competition that is hard-hitting gambling-friendly neighboring states like Pennsylvania and nyc. Revenues have now mein casino mr green been falling steadily since 2006, and hit a low of just over $3 billion year that is last a 2006 total of $5.2 billion.
Perhaps blood that is smelling the veto action, Nevada Gov. Brian Sandoval quickly pressed his state