Following the last week's Assembly and Senate endorsement of an intrastate online gambling measure for New Jersey, the state governor Chris Christie received a letter from the top state officials urging him to sign the bill into state law with no delay, North Jersey web portal reports.
The document signed by the New Jersey State Senate President Steve Sweeney, Sen. Ray Lesniak, Sen. James Whelan (former Atlantic City mayor) and Sen. Jeff Van Drew focuses on the advantages of online gambling legalization.
Some of the key issues addressed in the letter refer to the prospective positive effects of signing the law including new employment opportunities, higher tax revenues, positioning the state in a developing market and contributing to alleviation of the damages caused by recent extreme weather.
The central part of the document reads as follows:
“Given the fiscal conditions facing our casinos, especially in the aftermath of Hurricane Sandy, and the recent movement toward Internet gaming in states across the country, we cannot afford to wait any longer for implementation.
“The fact is, Atlantic City has the potential to become a hub of Internet gaming, which will create more jobs, more revenue for casinos and generate more funding for critical programs for senior citizens and residents with disabilities.
“The short term benefits would be in the form of increased economic activity, increased jobs and increased tax revenues, at very little cost to the state. Over the long term, Internet gaming could change the landscape of the gaming industry in New Jersey.”