Fox News to NJ Governor Chris Christie: Legalize Internet Gambling

Written by:
C Costigan
Published on:
Feb/25/2011
Internet Gambling

Internet gambling is untaxed and unregulated, Fox News noted in a recent piece.  The amount of jobs that can be generated from the multi-billion dollar industry would be astonishing. 

As Gambling911.com has already reported on this week, the impact the sector has had on offshore jurisdictions over the past decade has already been realized:  5000 plus direct and indirect jobs.

Those numbers are from a nation that has a smaller population than the state of New Jersey, Costa Rica.

The Central American nation began welcoming online gambling operations back in 1996.  I was one of the first to visit there in 1998 and report on the blossoming industry.  At the time, wagering firms like Betmaker.com and Bookmaker.com were just setting up shop.  Both would move on to become behemoths in the sector (Bookmaker.com eventually buying Betmaker)

Governor Chris Christie of New Jersey has until March 4 to sign or veto a bill that would allow New Jersey to become the first US state legalizing online gambling. 

Fox News, which is widely seen as a conservative outlet and big time supporter of Christie’s initiatives, says “legalize Internet gambling”.

The sites would be based in Atlantic City with the eleven casinos there sharing profits, recouping some of the millions they are losing each month .  The state itself would benefit from the taxing of operators. 

Should Christie elect to do nothing, the bill would automatically become law by week’s end.

Remember to follow us on Gambling911.com Twitter and Facebook to get all the latest breaking news headlines as they happen.

- Christopher Costigan, Gambling911.com Publisher

Gambling News

How to Run an In-Play Sportsbook the Right Way

How to Run an In-Play Sportsbook the Right Way

In their "must read" book "The Logic of Sports Betting", Ed Miller and Matthew Davidow discuss the pitfalls of offering live in-play wagering, which now accounts for more than half of the betting activity at some offshore sportsbooks.

It's Official: Sports Betting Now Legal in Tennessee, Bookies Sweating the Blues

It's Official: Sports Betting Now Legal in Tennessee, Bookies Sweating the Blues

Check this off under "Knew it all along".  Tennessee officially legalized sports betting on Friday (May 24, 2019).

Tiger Drops the F Bomb After Being Asked About $85K Bet Made on Him to Win Masters

Tiger Woods dropped the F Bomb after being asked how he felt about someone wagering $85K on him to win the Masters.

Sports Betting News: 'US Gaming Companies Need to Look at Asia',

Sports Betting News: 'US Gaming Companies Need to Look at Asia', Louisiana Bill Doesn't Pass

At 65-27, the tally came up five votes shy of the 70 needed for House Bill 587 to progress.  That bill looks to set up the tax and regulatory structure for sports betting in Louisiana.

Gamblers Claim Illegitimate Decks of Cards Lost Them $250K

Gamblers Claim Illegitimate Decks of Cards Lost Them $250K

Two gamblers have filed a federal lawsuit against a Philadelphia casino claiming they lost $250,000 because of faulty shuffling machines and illegitimate decks of cards.

Syndicate