NJ Gov. Christie Vetoes Internet Gambling Bill

By: Associated Press
By: Associated Press

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.

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