Assemblyman Amodeo Ready to Pass Amendments Putting Internet Gaming Back Onto Governor’s Desk

Assemblyman John Amodeo, who represents New Jersey’s 2nd Legislative District that includes Atlantic City, responded to the Governor’s conditional veto of S-1565, which authorizes Internet gaming at Atlantic City casinos.

“The Governor’s expressed concerns can easily be addressed,” said Amodeo. “I have already spoken Assemblymen Burzichelli and Ramos, who serve with me on the Assembly Regulatory Oversight and Gaming Committee. We accept the Governor’s proposed amendments and will work together to get these passed by the Legislature as soon as possible and back onto the Governor’s desk for consideration.” Amodeo pointed out that the Assembly has voting sessions scheduled for February 14th, 21st, and March 21st.

Under the bill, Atlantic City's 12 casinos would run the online gambling operations from Atlantic City, and pay a 10 percent tax on winnings, up from the normal 8 percent tax on traditional casino revenue. Today the Governor recommended extending the existing prohibitions on casino related employment for State employees and the Legislature to Internet gaming licensees; that State elected officials disclose past and present representation of Internet gaming licenses; additional funding to benefit compulsive gambling treatment; an annual analysis of problems associated with these new games; and a sunset of the law after 10-years giving future leaders the opportunity to revise Internet gaming.

“It’s a critical piece of legislation for Atlantic City and New Jersey as a whole,” said Amodeo. “This is a big step, and I think the Governor is right in being cautious but these changes will help get this done. This bill will allow Atlantic City to compete more effectively, increase tax revenues and save thousands of jobs.”