Items tagged with online gambling

New Jersey Governor Chris Christie has signed a bill legalizing online gambling, adding his John Hancock hours after the state legislature passed a revised version with certain changes he wanted implemented. Among the changes are a 10-year trial period for online betting, and a tax increase from 10 percent to 15 percent on online winnings from Atlantic City casinos. "This was a critical decision, and one that I did not make lightly," Christie said. "But with the proper regulatory framework and safeguards that I insisted on including in the bill, I am confident that we are offering a responsible... Read more...