Christie Expected To Sign Internet Gambling Bill Today - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Christie Expected To Sign Internet Gambling Bill Today

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ATLANTIC CITY, N.J. -

Gov. Chris Christie is expected to sign a bill Tuesday that will allow Internet gambling in the Garden State.

Internet gambling revenue would be taxed at 15 percent. And all equipment will have to be located in an Atlantic City casino.

Experts have predicted that in five years Internet gambling revenue may reach as high as $1.2 billion.

FOX 29's Steve Keeley had a look at what it could mean for the state's struggling casinos in this live report from Tuesday morning.

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