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: September 2nd

Campaign season now under way in Bergen County Politics is practiced year-round in Bergen County, and street-level campaigning has been going on quietly all summer. But both Republicans and Democrats say the Rutherford Street Fair on Labor Day signals a more intense phase of electioneering. (Ensslin/The Bergen Record) http://www.northjersey.com/news/campaign-season-now-under-way-in-bergen-county-1.1079080  ...

Op-Ed

White House’s Tuition Challenge Being Met in NJ

By MICHAEL W. KLEIN In his weekly radio address on August 16, President Obama challenged colleges “to do their part to bring down costs” and lighten the tuition burden on students.  The state colleges and universities in New Jersey have... Read More >

Contributors

My Republican Hillary Clinton Experience    There is a veritable plethora of reportage in print, internet, television and radio media speculating as to whether Hillary Clinton will seek the Democratic... more »
(8-27-14) All Americans Should Support Gov. Perry - Political prosecutions have no place in American life. Those who use the justice system as they are using it in Texas... more »
(Asbury Park, NJ) -- There's a word for someone who says one thing and does another: hypocrite.  There's no shortage of 'em in Trenton -- from ... 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

"Governor Christie ripped President Obama this summer for failing to carve out some time during a Texas fundraising swing to visit the Mexican border, where the unprecedented flood of immigrant children from Central America had reached a crisis point. ...Yet Christie is not squeezing in a tour of the troubled border during his own three-day trade and diplomatic mission to Mexico, which is set to begin on Wednesday. The governor is planning a series of meetings with Mexican officials, including President Enrique Peña Nieto and the finance and energy ministers." - columnist Charles Stile

- The Bergen Record

Poll

Who is a better field general for his party as both try to win governor's races around the country?:

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