Election Day in New Jersey 2011: The Economy and Sports Betting
Chances are most of the 55 percent of New Jersey registered voters who realize Election Day is tomorrow (November 8) will cast their votes based on economic concerns and which of the 120 state representatives, if any, can actually provide some glimmer of hope to revitalize a stagnant state economy.
Ironically, one of the referendums on the November 8 ballot could actually help boost the state’s ailing economy without the assistance of any elected officials.
It’s legalized sports betting in Atlantic City!
With that gambling Mecca now struggling due to the competition from neighboring state casinos, legalized sports betting could provide a necessary fix. If voters push this through, Atlantic City would be the only location East of the Mississippi to allow walk-in sports betting on such events as the Super Bowl and March Madness (note: Super Bowl Sunday is Las Vegas’ biggest weekend). Taxes from sports wagers would go towards the state coffers, not to mention the added boost in tourism year round, not just during the summer months.
Governor Chris Christie offered his support for the referendum last week, as first reported by Gambling911.com.
- Chris Costigan, Gambling911.com Publisher
