It’s really a Definite time that is maybe next Christie on Web Gambling for brand New Jersey
Saying ‘now is the full time for our state to go forward, again in the lead for the world, by becoming one for the very first states to permit Internet gaming,’ New Jersey Gov. Chris Christie ironically yet again this week vetoed his state’s latest draft of an online gambling statute. Citing concerns over gambling tax income rates being set too low, as well as over transparency problems for companies seeking online gambling licensure, Christie nevertheless revealed a glimmer of a cure for passage of revised variations 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 wording in vetoing the bill, noting that ‘the governor’s concerns can easily be addressed’ with a newly worded measure.
At risk are millions of dollars in potential revenue, specially key in a state whose brick-and-mortar casinos took a heavy hit last 12 months, at least in part due to the ravages of Hurricane Sandy. Also impacting brand New Jersey’s ailing land casino market is competition that is hard-hitting gambling-friendly neighboring states like Pennsylvania and nyc. Revenues were 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 squeezed his state’s lawmakers to approve a b Continue reading “Two-Year Investigation Causes Super Bowl Party Raid”