Atlantic City Dismal Showing Could Force Christie’s Hand

Written by:
Gilbert Horowitz
Published on:
Jan/13/2013
Atlantic City Dismal Showing Could Force Christie’s Hand

New Jersey Governor Chris Christie has just over one month to decide whether online gambling will be legalized in the Garden State.  There is certainly no shortage of reasons why it should not be.

betdsi-2500A.jpg

Super Storm Sandy completely ravaged the New Jersey coastline back in October.  And the news hasn’t gotten much better as Atlantic City reported a 6th straight year of declining profits.  Sandy, of course, hasn’t helped in that regard. 

A bill to legalize Internet gambling already sits on Christie’s desk after passing in both the state Assembly and Senate.  Just over a year ago, the New Jersey Governor vetoed a similar bill in the final hours of a 45-day period in which to act.  This time could be different as the Department of Justice has since given the green light to states looking to regulate Web poker within their own borders. 

New Jersey, with its nearly 9 million residents, is likely to make money from the get go with intrastate online gambling but the ultimate goal is to form state compacts similar to that of the lottery system PowerBall model.  This past week, Nevada announced it will pursue potential compacts, thus providing Christie even more incentive to act on this bill. 

State Sen. Raymond Lesniak (D-Union), lead sponsor of the bill, voiced hopes that New Jersey might launch online gaming before May 1.

Christie has already indicated he could be willing to back legalized Web gambling even prior to recent events such as Sandy and the continued decline in Atlantic City’s casino revenue.

“I think [New Jersey] should be an epicenter for [the Internet gaming] business, but I want to do it right,” he was quoted as saying last year.  “I do not want to rush and get legislation that either doesn’t pass state constitutional muster, or creates other problems for us,”

- Gilbert Horowitz, Gambling911.com

Football News News

Copa Del Rey 2016 Betting Odds and Props: Barcelona vs. Sevilla

Gambling911.com has your Copa Del Rey 2016 betting odds and propositions for Barcelona vs. Sevilla.

England Even Odds Favorite Among Bookmakers to Win Group B in Euro 2016

England was coming in as the near EVEN-odds favorite to win Group B in the Euro 2016 with a price tag of -125 entering the completion. 

North American Online Sportsbooks Taking Bets on Euro 2016

With the big Euro 2016 coming up, folks from throughout North America will want to place their bets with online sportsbooks that offer wagering on this event.

2016 College Football Futures – Betting Odds

Gambling911.com has your 2016 College Football futures betting odds with Alabama as the odds-on favorite to win the College Football Championship.

Bet European Football - Today's Odds

Gambling911.com has the latest odds for those looking to bet today's European football (soccer) games.

Syndicate