It is a Definite Maybe Next Time for Christie on online Gambling for brand New Jersey
Saying ‘now is the full time for our state to move forward, again in the lead for the world, by becoming one regarding the very first states to allow Internet gaming,’ brand New Jersey Gov. Chris Christie ironically once more this week vetoed his state’s latest draft of A internet gambling statute. Citing concerns over gambling tax revenue rates being set too low, as well as over transparency problems for companies seeking online gambling licensure, Christie however showed a glimmer wheres the gold slot machine youtube of hope for passing 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 be addressed’ easily with a newly worded measure.
At stake are huge amount of money in potential revenue, specially key in a state whose brick-and-mortar casinos took a heavy hit last 12 months, at minimum in part as a result of ravages of Hurricane Sandy. Additionally affecting New Jersey’s ailing land casino market is hard-hitting competition from gambling-friendly neighboring states like Pennsylvania and New York. Profits are 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 sq (more…)