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    Internet Gambling Bill Advances In The NJ Assembly [AUDIO]

    21.05.12

    The bill allows all games that may be played at a casino to be offered through Internet wagering. People would be allowed to be from out-of-state, as long as it’s consistent with federal law, but that’s a question that remains up in the air. Legal concerns caused Governor Chris Christie to veto a similar measure.

    “We must position New Jersey’s gaming industry to thrive in the 21st Century, and that involves authorizing a legally sound Internet gaming law,” says bill co-sponsor, Assemblyman John Burzichelli. “This is another key piece of our effort to boost New Jersey’s gaming industry by expanding and modernizing our wagering options. This will rejuvenate our tourist industry while increasing employment, capital investment and much needed urban redevelopment.”

    New Jersey’s gaming industry could sure use a boost. Overall, Atlantic City’s casinos took in $260.6 million in April, a 10 percent decline from a year ago. Slot machine revenue fell 9.2 percent, to $189.5 million, while table game revenue decreased by 12.1 percent, to $ 71.1 million. Casino revenues were up 3% nationwide in 2011, according to an annual report by the American Gaming Association.


    Source: New Jersey 101.5 FM Radio

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