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Future of New Jersey Gambling

Calendar August 1, 2012 | Posted by Dan

Governor Chris Christie is determined to do something, not just to save the New Jersey gambling industry, but to save Atlantic City specifically.  Ever since gambling was legalized in New Jersey back in the 1970s, New Jersey has been the gambling district for the entire state.  That is being called into question for the first time since Atlantic City has been on a steady economic decline since 2006.  Some lawmakers are calling for the creation of additional casinos outside of Atlantic City to spread gambling venues more evenly throughout the state and not just have them concentrated in one spot in South Jersey.  Governor Christie is convinced with enough time and money people will come back to a rejuvenated Atlantic City and there will be no reason to build casinos outside of the district.

In my heart I agree with Governor Christie.  I at least think his rejuvenation plan should be given a chance.  However, due to his stance on online casinos, I fear that he might be caught up in nostalgia and not practical thinking about his state’s gambling industry.  There is a lot of interest in New Jersey to take the lead on online casinos.  So far, Delaware is the only state to legalize online gambling.  There is a proposal in New Jersey that would allow people to wager with the Atlantic City casinos.  This plays directly into Governor Christie’s goal of keeping Atlantic City as the state gambling district, but he is still undecided about his stance on online gambling.  This is cause for concern.

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