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There’s not much time left before the New Jersey Internet gambling bill becomes law without the governor’s signature — unless he vetoes it. But with the state’s gaming economy slumping, it doesn’t seem likely that he’ll do that: Time Running Out for New Jersey Internet Gambling Law
I think he’s making a statement to the anti-gambling guys saying that he doesn’t necessarily endorse the act of online gambling, but the fact that his state desperately needs it, is an overriding concern. He won’t sign, but will let it pass. Not really sure why he is doing it this way, since his non-signing is a signing anyway.
alternatively other state gambling lobbyists are wanting the governor to veto it, in their favour?
And here’s why we can expect the gov’s decision next thursday …
Christie decision delayed until 3 March | eGaming ReviewI keep coming back to this thread.. for me, this could be a major tipping point for online gambling legislation. Reading the article, it says he wants to run for the Presidency, which only adds more confusion for me on which way he will go.
What’s the general consensus out there. If the bill gets approved…good or bad for us ?
And do you think the Atlantic City Online Casinos (once established) would offer an affiliate program ….to help them with signups ?
@Rak 226361 wrote:
I keep coming back to this thread.. for me, this could be a major tipping point for online gambling legislation. Reading the article, it says he wants to run for the Presidency, which only adds more confusion for me on which way he will go.
All good points, Rak. He is extremely fiscally oriented, but I too, have heard that he now has aspirations for the White House (even though he vehemently denied that on 60 Minutes). It may be a political hot potato, if he plans on running for President. I’m still betting that he will do the right thing, and sign the bill, purely from a tax revenue standpoint.
@boczor 226392 wrote:
What’s the general consensus out there. If the bill gets approved…good or bad for us ?
And do you think the Atlantic City Online Casinos (once established) would offer an affiliate program ….to help them with signups ?
Bozcor, that is an excellent question, and I really don’t think we can truly answer that yet. On one hand, the state legalization may help pave the way for Federal reversal of UIGEA, and all the nonsense associated with it. On the hand, regulation in states (like NJ) may, and I say may, result in local legislation that prohibits any outside vendors (like from Costa Rica) from participating with players in the state. Additionally, the concept of affiliate marketing for regulated state-sanctioned gambling, may turn out to be non-existent. It’s really a crapshoot, at this point, IMO.
If I were to venture a guess, assuming state legislation passes, I would say that things will pretty much stay the same as they are today, but there will now be some impetus to drop the whole UIGEA thing at the Federal level. At a minimum, that should loosen things up with processors a bit. Again, just IMO.
