NY Post: New Jersey Governor Chris Christie to Veto Online Gambling Legislation

Written by:
Jagajeet Chiba
Published on:
Chris Christie Online Gambling

The New York Post reported on Friday that New Jersey Governor Chris Christie is expected to veto legislation that would legalize online gambling in the state.

"Christie is being pushed in both directions," a source close to the situation said. "My gut tells me he is not going to sign."

The Republican Governor has six days until Thursday February 24 to make New Jersey the first state in the US to specifically legalize Internet gambling.

The initial legislation was passed through the state Assembly earlier in January.  Should the bill become law, those living in the state would be required to prove residency and open an online wagering account in one of New Jersey’s casinos.  Hosting of the websites will take place in Atlantic City. 

Democratic State Sen. Raymond Lesniak, a co-sponsor of the bill,  believes that billions of dollars can be generated from the new industry.  He also said, failure to pass the legislation could spell life or death for Atlantic City, which would benefit most from the added revenue.

One of Lesniak’s primary concerns is Christie’s apparent close ties to Harrahs.

“I’m very concerned he will give in to their corporate interests.”

Lesniak added:  “We do not believe neighboring states would sit still,” Moody’s Investors Service suggested in a report released late last year. “New York, Pennsylvania and Maryland are likely to embark on a casino arms race, moving to legalize both sports betting and Internet gambling as a way to protect [their] operators.”

- Aaron Goldstein, Gambling911.com

Gambling News

Influence of Blockchain on Internet Gambling

Influence of Blockchain on Internet Gambling

Ahead of the highly anticipated first ever segment on the long running CBS news magazine 60 Minutes covering bitcoin, Inside Financial looks at the impact blockchain has had on the gaming sector.

Legalized Sports Betting in the US: The Good the Bad and the Ugly

Legalized Sports Betting in the US: The Good the Bad and the Ugly

John Holden, Assistant Professor at Oklahoma State University, has written a must read paper on the legal sports scene in the United States one year after the US Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA). 

You're Not Welcome: Illinois Bill Seeks to Prevent Entrance by Draftkings, FanDuel

Language in a current version of bill floating around Illinois legislature seeks to keep out US legal sports betting titans FanDuel and Draftkings, both of which have absolutely cornered the NJ market.  The Cook County record suggests there will most certainly be legal repercussions.

Sports Betting Forums: Top Discussions

We tap into the hottest discussions on the sports betting forums and social media.  Hot now: Caesars-ESPN deal not celebrated by all, Bitcoin exchanges and gambling, Illinois sports betting bill keeps out Draftkings, FanDuel?

Current Odds Preakness Stakes, Eurovision 2019

Saturday 11 am EST - Eurovision odds: Netherlands -140, Australia 6/1, Switzerland 8/1, Sweden 16/1, Italy 20/1, Iceland 20/1, Russia 28/1 - Preakness Stakes odds: Improbable +245, War of Will 5/1,  Alwaysmining 8/1, Anothertwistafate +750, Bourbon War 8/1, Owendale 10/1, Win Win Win 17/1