New Jersey Governor is thinking About Passing the Online Gambling Bill

3 February 2013

Legalized online gambling in New Jersey could set off widespread law reform as far as online gambling is concerned. If Christ Christie decides that he is willing to pass the bill this time, and New Jersey starts making a nice profit off of the online gambling industry there is a very good chance that other nearby states are going to follow suit, initially, and then other states farther away as well.
Currently states like New York and Pennsylvania are pretty competitive with Atlantic City gambling. They all compete for the gamblers in the area, and whenever one gains gamblers the others lose out on money. When New Jersey starts allowing their citizens to play online, both New York and Pennsylvania will either have to consider doing the same or losing out on more money. Any New Jersey citizens who once went to NY or PA to gamble before may now gamble online at an Atlantic City casino instead, which probably means that casino developers are going to open online casino to keep up.
Ultimately states are going to have to seriously think about passing the law or losing out on a large portion of their share of gambling revenue, and it’s likely that most states aren’t going to be willing to lose out on that revenue.

3 February 2013

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