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NEW JERSEY GOVERNOR DITHERS ON INTERNET GAMBLING BILL
Posted 2/1/11 : Christie signs two other gambling related bills into law.
The question reverberating around the online gambling industry – will New Jersey governor Chris Christie sign into law Sen. Ray Lesniak’s successful online gambling legalisation bill – remained unanswered this week as the governor signed off on two other gambling-related bills.
A2570 has already survived committee stages, the state senate and the House. The bill was one of several gambling-related proposals, including those signed by the governor this week, that were considered by the Assembly earlier this month. It has enjoyed significant political support throughout its political passage.
Lesniak’s bill could set the scene for other states to launch independent, intrastate legalisation proposals, and passed though its final legislative stage on January 10 (see previous InfoPowa reports) before going before the governor for signature amid speculation that he was opposed to its provisions.
The governor has 45 days in which to act, taking him well into February before he has to make a final decision. If he ignores the bill, it will automatically pass into law after the 45 days; should he decide to exercise his gubernatorial veto, the bill will go back to the legislature, requiring a two-thirds majority to pass. The governor may also delay further developments by referring the issue to federal levels for considerations and advice.
This week Christie signed off on two other gambling bills which passed through the state legislature in the same general timeframe - a measure allowing betting exchanges to operate in the state for horse racing, and a new method of pooling pari-mutuel wagers.
Lesniak says that New Jersey’s entry into the online gambling sector could boost land casino revenues by a much-needed $100 million and create 500 high-tech jobs in supporting services.
Business declines were experienced by all 11 Atlantic City Casinos last year
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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