Tags: Internet Gambling

NJ Gov. Christie Vetoes Internet Gambling Bill

Thursday, 03 Mar 2011 01:24 PM

 

TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie has vetoed a bill that would have made his state the first in the nation to legalize Internet gambling.

Christie says he has "legal and constitutional concerns."

The Legislature had passed a bill authorizing Atlantic City's 11 casinos to set up computer servers and equipment capable of receiving and paying out bets from New Jersey residents. A section that would have let people outside the U.S. play was scrapped.

If Christie had signed the bill, it could have touched off an online gold rush, with cash-strapped states rushing to approve their own Internet betting bills. New Jersey would have taxed Internet betting revenue at 23 percent, nearly three times the rate the casinos pay on their winnings.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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