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11 Jan, 2020

Two-Year Investigation Leads to Super Bowl Party Raid

It’s a Definite time that is maybe next Christie on Web Gambling for New Jersey

Saying ‘now is the time for our state to maneuver forward, again at the forefront for the world, by becoming one associated with the very first states to permit Web gaming,’ New Jersey Gov. Chris Christie ironically again this week vetoed his state’s draft that is latest of A web gambling statute. Citing concerns over gambling tax revenue rates being set too low, as well as over transparency issues for companies online that is seeking gambling, Christie nonetheless showed a glimmer of hope for passing 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 be addressed’ easily with a newly worded measure.

At stake are millions of dollars in potential income, specially key in a state whose brick-and-mortar casinos took a hit that is heavy year, at minimum in part because of the ravages of Hurricane Sandy. Also impacting brand New Jersey’s ailing land casino marketplace is competition that is hard-hitting gambling-friendly neighboring states like Pennsylvania and New York. Profits have been dropping steadily since 2006, and hit a low of just over $3 billion year that is last a 2006 total of $5.2 billion.

Perhaps smelling blood from the veto action, Nevada Gov. Brian Sandoval quickly pressed his state’s lawmakers to ac Continue reading “Two-Year Investigation Leads to Super Bowl Party Raid”