The New Jersey Governor Chris Christie’s conditional veto has triggered swift reaction from state politicians who decided to immediately address his desired amendments and include them into the intrastate online gambling legislation.
This week, it was confirmed by both Senate and Assembly leaders that work on the returned bill is pushing ahead, and that a new vote has been rescheduled for February 26, after which the bill should soon be back on the governor's desk.
The changes he requested include that online gambling be reviewed after a trial period operated by Atlantic City casinos of 10 years, and that the Legislature's proposed tax rate of 10 percent be increased to 15 percent, which is more than is levied on land-based casinos.
The changes were supported by Democratic Party leaders in the state Legislature and it was stated by Senate President Stephen Sweeney (D-Gloucester): “Internet gaming will be a crucial boost to Atlantic City as we continue our efforts to revitalize the area. The economic benefits to the region will mean additional revenue, additional jobs, and additional growth. It cannot be stressed enough how important it was that New Jersey be ahead of the curve on Internet gaming.”
