The Governor’s race in the State of New Jersey was supposed to be a runaway for incumbent millionaire Jon Corzine. Corzine had virtually bankrupted the State of New Jersey with his spendthrift policies, and the people of New Jersey were ready for a change. Christie came along with a policy of sound fiscal management and accountability, and was voted into the Governor’s office by a wide margin.
So far, Christie has taken on all comers in New Jersey, including the unions that are bankrupting and crippling the financial aspects of New Jersey. The new Republican Governor even has supported a bill that would allow online gambling within the confines of the State of New Jersey. However, we now have a problem. The ascendency of Christie through the Republican ranks has been so mercurial that he is now faced with a decision early in his tenure that may have a profound effect on his future in the Republican Party.
The problem centers on the latest in online gambling news – Christie is caught between a rock and a hard place. If Christie signs the bill to legalize online gambling, then he will infuriate the right wing of the Republican Party and jeopardize his future as a major player in the Republican Party. If does not sign the bill, then all the hard work that he put into developing a plan for the salvation of Atlantic City will have gone for naught, and the future of gambling in the Atlantic City casinos will be in jeopardy.
At this time, Governor Christie continues to ponder his dilemma because his decision is one that has grave personal political implications for him. Most pundits believe that the political animal in Christie will win out. The pundits point out that if were going to sign the bill, he would have done so already. Christie, as we all know, is under great pressure from his allies to veto the bill. Although it would seem hypocritical, it would be in his best political interest to do so.
Industry insiders, such as Caesar’s Entertainment and other gaming companies, are also asking Christie to veto the bill presently on his desk. New Jersey remains in a race with the States of Florida and California to become the first states to regulate online gambling. We shall keep you informed with up-to-the-minute online gambling news regarding this issue.