• Still Waiting on Online Gambling in New Jersey

    08 February 2011

    Newspaper

    Two bills down in New Jersey but there is still one glaring exception, the Internet Gambling Bill that is still sitting unsigned by Governor Christie. Though nothing has been said throughout the process, the fact that it has remained on the Govermors desk can only beg the question, does he support the online gambling bill?

    Gov. Christie has signed into law A-2926 and S-2229 which legalizes exchange betting and pari-mutuel wagering. This has paved the way for exchange betting which is a peer-to-peer wagering platform. Joe Brennan Jr., Chairman of IMEGA said of this;

    “By endorsing the exchange wagering bill, Governor Christie is showing the kind of leadership that can turn New Jersey into the centre of iGaming in the US,” he said. “Hopefully, exchange wagering will become one part of a suite of iGaming offerings that NJ-based firms can offer to state residents, and eventually, the rest of the country.”

    Governor Christie said in a statement;

    “These measures represent the next steps in following through on my administration’s commitment to securing a strong, independent and self-sufficient horseracing industry in New Jersey. We are providing new tools to help the industry implement new strategies, generate additional revenues and capitalize on interest in horseracing around the state.”

    Next we will have to see if those “new tools” will include the online gambling bill as well.

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