Friday, 8 February 2013

Conditional Veto for New Jersey Online Gambling Bill

I wrote back in Decemeber, that I felt 2013 would be a positive year for Poker/Internet gambling stocks :

and in other places.

Chris Christie, Governor for New Jersey, waited till the last minute, of the 45 day deadline, to issue a conditional veto, on the states proposed on-line gambling legislation, but, supporters of on-line gambling, can take heart, that the veto, is fairly limited, and things are moving.

Stocks with exposure to Atlantic City, lke Boyd Gaming (Full disclosure - I own some), and Caesars Entertainment, moved 5% and 13% upwards, on the news.

UK stocks, BWIN and 888 have moved 12-14% upwards.

1 comment:

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