New Jersey re-visits intra-state online gambling legislation
Friday saw Republican Christie veto the proposed measure, which had been passed by both houses of the New Jersey legislature in December, although he added that he would have approved the bill if it had contained a ten-year trial period and higher tax rates on casinos’ online winnings. Leaders in the New Jersey Senate and New Jersey General Assembly now plan to vote on a version of the legislation that contains Christie’s recommendations on 26 February.
John Amodeo, a member of the New Jersey General Assembly, revealed that the New Jersey Office of Legislative Services is currently in the process of drafting an amended bill, which would increase the tax on winnings from ten percent to 15 percent and initiated a ten-year limit on Internet gambling. Christie is to be given a maximum of 45 days to sign the new measure should it be passed by both legislative bodies.
“Internet gaming will be a crucial boost to Atlantic City as we continue our efforts to revitalise the area,” said Stephen Sweeney, President for the New Jersey Senate. “The sooner we bring Internet gaming to New Jersey, the better off Atlantic City is going to be.”
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