Will Christie Veto Online Gaming Bill?

[vixen777]

Wells Fargo Securities gaming analyst Dennis Farrell Jr., called legalized online gaming “a lifeline” to Atlantic City casinos, which have experienced six straight years of
declining gaming revenues in a market that has lost more than 40% of its value.

Christie has until the 4th February to take action on an online gaming bill approved in December by New Jersey lawmakers. The measure allows licensed Atlantic City casinos to operate
online gaming websites catering to state residents and customers wagering on computers located within New Jersey’s borders.

“We believe the size of the online market could be almost half of the existing New Jersey gaming market’s revenue,” Farrell told investors.
“Online gaming sites operated by state casino operators will lead to job creation and drive visitation to Atlantic City.”

The companies could cross market their online offerings with their gaming and non-gaming amenities, “providing a significant advantage over Delaware, Pennsylvania and New York gaming facilities.”

Christie has made saving Atlantic City’s casino market a key initiative in his first term as governor. However, he vetoed a similar online gaming bill last year.

SOURCE

 

[CareyG]

I dont think he will veto it!! I am crossing my fingers! ​

 

[judyb57]

 

[cas1944]

:crssd Got my fingers crossed too!

 

[dani3839]

keeping my fingers crossed too

:crssd

 

[violet57]

keeping my fingers crossed :crssd Thanks for the info violet57

 

[dani3839]

maybe if we get enough people to cross their fingers, things will start to work out for us

:crssd:crssd