Governor Chris Christie is being asked by senators to sign S1565 into law, which will see legal online gambling in New Jersey.
The governor was sent a letter by four politicians, including the co-sponsor of the bill, Ray Lesniak, as well as State Senate President Bill Sweeney, Senator Jeff van Drew and Senator Jim Whelan, urging him not to repeat the same mistake that he made last year by vetoing a similar law at the last minute.
In the published letter to Governor Chris Christie the men wrote that Atlantic City had the potential to become a very popular Internet gambling hub and would create employment and increased revenue for casinos. It could also generate a source of funding for important social programs such as senior citizens and disabled residents.
They noted that the short term benefits of allowing online gambling would be increased economic activity, increased jobs and increased tax revenues without any undue financial pressures on the state. They also said that over the long term, internet gaming had the potential to “change the landscape of the gaming industry in New Jersey.”
NJ Cannot Afford to Wait
Many are of the opinion that New Jersey is already far behind in the race, compared to other states such as Nevada, when it comes to the introduction of intrastate online gambling legislation.
The senators stressed that there is no time for the Governor to delay the implementation of the bill any longer if they want to capture part of the online gambling market.
The politicians wrote in their letter to the governor that considering the financial situation facing the casinos, especially since the devastation of Hurricane Sandy, and the movement towards Internet gambling in other states around the country that they should not wait any longer for implementation.
S1565 will see Atlantic City casinos provide online poker and gambling services to residents of the state, providing a boost for the area’s struggling land based gambling industry.