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.
Recently, it was reported that both Amaya and Bally Technologies have signed a memorandum of understanding. This has been done for integrating their Ongame poker platform into Bally’s platform. It will also allow them to integrate other casino games as well into Bally’s iGaming platform.
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.
Chris Christie, Governor of New Jersey, finally came up with his voice on Thursday for the NJ Gaming Bill. Considered as a minor victory of sorts for the online gaming’s future, he has only given a conditional veto on the bill.
Christie has asked for making minor changes to the online gambling legislation, which will assure that the bill is going to advance next month.
Several Pennsylvanian Senate Republicans have mailed a letter to Tom Corbett, Governor of the state.
The letter states that if the Governor will be allowing the state lottery to add online gambling and keno to the mix, it would hurt the state casinos. They want the management contract, which is pending, to be revised before being finalized.