Category: gambling laws
Gov. Chris Christie finally approves New Jersey gambling bill, online gambling now legal
28 February 2013
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Chris Christie, Governor of New Jersey, finally did the act, which was long awaited by many. On Tuesday, Governor Christie signed the online gambling bill into law. This has made the Garden State only the third in the country to regulate and license internet gambling, Approval from the governor came only 19 days following his conditionally veto on a similar legislation.
New Jersey online gambling bill makes Boyd a valuable stock target
27 February 2013
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It is believed that Boyd Gaming (BYD) is a good target as a stock, as it should see a considerable rise once online gambling is approved in New Jersey. The firm will be served with a lot of opportunities, once the gambling bill gets a nod from Governor Christie.
There are 22 properties in total owned by Boyd across US. However, their prized possession is Atlantic City’s Borgata.
David Osborne files Kentucky casino bill at last minute
23 February 2013
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With a lot of states looking to consolidating their position in gambling industry, Kentucky has shown that it is not far behind in putting up the efforts.
David Osborne, a republican, has come up with House Bill 443 and filed it to make sure that they are recognized as well. According to the Bill, it is believed that Osborne is looking for permission to open up 7 casinos in the state.
Delaware hoping to beat everyone in the race of internet gambling
17 February 2013
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Delaware Lottery Office came out looking to have requests for proposals. They are seeking bids from different vendors for operating the centralize internet gambling system of the state. The strict stipulation in their case is that they need the system up and running before September 30.
Investors show faith in top operators as hopes of online gambling sores in New Jersey
13 February 2013
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With New Jersey another step closer towards legalizing internet gambling in the state, investors came out on a spending spree. They have started betting on the fact that operators like Caesars Entertainment and Boyd Gaming are going to cash in on a market, which hasn’t been touched till yet.