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.
On Thursday, Nevada was able to become the first US state to legalize online gambling. This monumental feat occurred when Brian Sandoval, State’s Governor, signed the Assembly Bill 114, which bought it into law. This took place at the Capitol’s Old Assembly Chambers.
Once he signed the bill, it bought about a lot of activities. These activities started with joint committee hearing. Later on, there were unanimous votes put in at both the Senate and the Assembly on the very day.
This week saw a popular casino become a part of the crowded online space, as Nevada Gold & Casino Inc came out with its free casino application for Facebook.
Gold Star Slots has been launched on the social networking site and the company’s iGaming website, which has been bought about quite recently to make sure that its players can play different other slot games as well. Again, the slot has been launched in its properties in Washington and South Dakota as well.
New Jersey might be looking to consider couple of applications for casino license. The unique thing about this move is that it is going to signal a change in the strict approach, which they had till now.
Whenever we come across news, where a CEO of the company as big as Bally Technologies, based in Las Vegas, makes a considerable investment, there will be a question in your mind: “Where the company in concern is heading?”
Recently, there has been revelation done by sources that Ramesh Srinivasan, CEO of Bally Technology, is buying BYI shares. To date, he has bought 25,000 shares at USD 47.48 each, which amounts to USD 1,186,900.