We’re currently entering the final furlong as far as a decision on the online gaming legislation bill in New Jersey is concerned and we’re still no clearer as to what Gov Chris Christie’s decision will be. Aside from trying to guess what his decisions going to be in a personal book with all your iGaming industry mates, one decision made last week seems to have given some surrounding the process added optimism.
After signing bills A-2926 and S-2229 to legalize exchange betting and pari-mutuel wagering, Christie, it’s hoped, has signaled his intentions to completely modernize the New Jersey gambling industry. One of those who have long been campaigning for the modernization to happen is iMEGA chairman, Joe Brennan Jr, who is understandably excited after this news.
“By endorsing the exchange wagering bill, Governor Christie is showing the kind of leadership that can turn New Jersey into the centre of iGaming in the US,” he said.
“Hopefully, exchange wagering will become one part of a suite of iGaming offerings that NJ-based firms can offer to state residents, and eventually, the rest of the country.”
It is hoped that the internet gambling bill (S3167) will be signed into law before the end of March and in recent times a few have been getting restless at Christie’s long wait before making a decision.
Christie, speaking after the recent agreement was reached, said: “These measures represent the next steps in following through on my administration’s commitment to securing a strong, independent and self-sufficient horseracing industry in New Jersey. We are providing new tools to help the industry implement new strategies, generate additional revenues and capitalise on interest in horseracing around the state.”
All we can do now is wait, but this development does seem to suggest that we might be receiving some even better news in the near future.