PolitickerNJ Wire Feed

By Jennifer Sciortino | February 4th, 2013 - 4:23pm
| More

Assembly Democrats News Release

Assemblyman Giblin calls for “Casino Lifeline”

Urges Governor to Approve Internet Gaming Legislation

(TRENTON) - With the deadline for enactment looming, Assemblyman Thomas P. Giblin (D-Essex/Passaic) on Monday called upon Governor Christie to sign off on legislation (A-2578) to legalize Internet gaming from computer servers based at Atlantic City casinos.

Giblin noted that Atlantic City is at a crossroads because of gaming competition in New York, Pennsylvania and regional states. Gaming revenue has declined by over 40 percent in recent years, bringing with it a reduction in jobs and wages for casino employees, as well as a reduction in tax revenue that helps fund many critical state programs, especially senior citizen-related services. Additionally, Pennsylvania recently surpassed New Jersey to become the number two gambling market in the country behind Nevada.

"The Internet Gaming Bill will reverse this trend and create new revenue desperately needed for inclusion in our state budget," said Giblin. "The online gaming market in New Jersey could grow to be $1.5 billion over the next five years while potentially providing up to $150 million in new annual tax revenue. Moreover, every New Jersey casino will benefit from this legislation."

Giblin noted that Governor Chris Christie faces a February 7 deadline for approval of this legislation.

Giblin said a feature of the bill also allows for interstate compacts and taking play from players in other countries, making it a very attractive market for operators and increasing taxable revenue. The main component of the bill requires improvements to the regions' technology and infrastructure to build and maintain the equipment and expertise required to provide service for millions of patrons.

"Atlantic City can become the hub of online gaming in the United States and gain an edge over Nevada and Pennsylvania. But if New Jersey doesn't act quickly, Nevada will reap the benefits of first-move status. I hope the Governor will review this legislation and give it his approval. The stakes are so high to revive New Jersey's casino industry, develop new jobs, and help state revenues still reeling from the aftermath of Hurricane Sandy.

"This legislation meets the constitutional litmus test because computers and related equipment will be located in Atlantic City. The addition of online gaming would be another incentive to attract more patrons to the city," added Giblin.

Governor Chris Christie has made the revival of Atlantic City a high priority during his administration. The Governor's approval of Internet gaming will be the "shot in the arm" that can help the casino industry rebound.

On the Net:
The Assembly Democratic Office Web site
NJ Assembly Dems on YouTube
NJ Assembly Dems on Vimeo
NJ Assembly Dems on Facebook
NJ Assembly Dems on Twitter
NJ Assembly Dems e-mail alerts

Contact Info: 

Jennifer Sciortino
NJ Assembly Majority Office
(P) 609-847-3500

Wake-Up Call

Morning Digest: October 1st

Bergen County Freeholder forum mostly convivial, but at times confrontational TEANECK - The Bergen County freeholder forum on Tuesday night was a relatively collegial affair until the final two minutes on the 90-minute event. Republican freeholder candidate Robert Avery, flanked by fellow GOP freeholder candidate Bernadette Coghlan-Walsh, referred to...

Op-Ed

Legislation needed for publicly financed gubernatorial elections

By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor.  Not only is there no current legal... Read More >

Contributors

(10-1-14) Mayor Fulop’s Working Family Rebellion Spreads - What began as a commitment between Mayor Steve Fulop and the people of Jersey City is fast becoming a movement spreading... more »
In tribute to John Sheridan, a good and great man     I first learned late last night from television news that John P. Sheridan, Jr. and his wife, Joyce had... more »
(Trenton, NJ) --  On September 23, 2015 I shall dig this up and eat whatever crow I've got coming, but in the meantime only a listicle... more »
 The following letter was sent today to Republican state legislators, county chairs, state committee members, and New Hampshire... more »

Quote of the Day

quote of the day

"I see Loretta Weinberg in the back of the room. Loretta, you have my eternal admiration for what you did to rid the Democratic Party of a certain political boss. However, not everyone shares that distinction." - Bergen County Republican Freeholder candidate Robert Avery

- PolitickerNJ

Poll

Which of these "Mount Rushmore of Corruption" states deserves the centerpiece?:

Blogroll

Visit the PolitickerNJ.com/resources page for links to the best collection of information on New Jersey state government.

 

  • Polls
  • The best blogs
  • Columnists
  • State election results
  • Assembly election results
  • Local party websites
  • And more.

PolitickerNJ.com/resources