It’s really a Definite Maybe the next occasion for Christie on Web Gambling for brand New Jersey
Saying ‘now is the full time for our state to go forward, again at the forefront for the world, by becoming one associated with very first states to allow online gaming,’ New Jersey Gov. Chris Christie ironically again this week vetoed his state’s draft that is latest of an online gambling statute. Citing concerns over gambling tax revenue rates being set too low, as well as over transparency problems for companies seeking on line gambling licensure, Christie however showed a glimmer of a cure for passage of revised variations 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 be addressed’ easily with a newly worded measure.
On the line are millions of dollars in potential income, specially key in a state whose brick-and-mortar casinos took a heavy hit last 12 months, at minimum in component as a result of the ravages of Hurricane Sandy. Additionally impacting New Jersey’s ailing land casino market is competition that is hard-hitting gambling-friendly neighboring states like Pennsylvania and ny. Revenues have 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 pressed h