SBR newswoman Natalie covers the latest stories surrounding the US online gambling landscape. Illinois has joined the race of states looking to offer legalised online gambling to their residents. New Jersey is one step closer to offering internet betting, and an update on a $1.45B casino and race-track acquisition.
Illinois Senate President John Cullerton has introduced a bill which would legalise online gambling. The bill, #HB-4148, calls for the creation of a Division of Internet Gaming, which would operate with the supervision of the Department of the Illinois State Lottery. Under the proposed bill, the Division of Internet Gaming would be the only entity authorised to operate internet gambling in Illinois. We are hoping to arrange an interview with Senator Cullerton to discuss his plans for Illinois.
Moving further East — New Jersey residents want to gamble! A recent poll conducted by Adam Geller—Chief Executive Officer for Republican polling firm National Research Incorporated—shows that 74% of New Jersey residents support legalising online gambling. SBR recently interviewed
New Jersey State Senator Raymond Lesniak, who stated quote “We will become the silicon valley of online gaming.”.
New Jersey Governor Christie however backed out of a speaking engagement Thursday at a gambling conference at the new Revel Casino, leading critics to believe the move was tied to his future national political hopes. In 2011, Governor Christie famously vetoed a gambling bill that would have allowed New Jersey to become the first state to offer online gambling. Senator Lesniak referenced the veto during last week’s State Assembly Gambling Committee meeting, saying that New Jersey lost out on approximately $210 million as a result. Lawmakers took steps to address Governor Christie’s concerns in the last year, and many experts believe that New Jersey has all its ducks in a row this time around to be one of the first states to offer online gambling.
Boyd Gaming Corporation has announced it will acquire casino and race-track operator Peninsula Gaming for £912 million. News of the acquisition raised Boyd Gaming’s shares by six percent. The deal will add five casinos to the Boyd Gaming Group — which already includes ten properties in Las Vegas and eight throughout other parts of the United States. The deal is expected to close by the end of the year.
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