States look for jackpot in online gambling

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Many states are betting on gambling to put cash in their coffers, pushing to legalize in-state Internet gambling to make up their budget shortfalls. (AP file photo)

Hour 2

With the squeeze on state budgets, many are betting on gambling to put cash in their coffers. States around the country are pushing to legalize in-state Internet gambling. In New Jersey, Governor Chris Christie has said that he wants to make the Garden State the “epicenter” for gambling online. A recent decision by the U.S. Justice Department may also open doors for interstate online gambling. So what are the odds of legalizing online gambling and what are the payouts for the states? We’ll talk with New Jersey state SENATOR RAYMOND LESNIAK (D-Union) about his efforts to legalize Internet gambling. Then, we’ll look at the legal issues with gambling law expert I. NELSON ROSE, and talk about how the Internet may effect gambling addiction with TIMOTHY FONG, a psychiatrist and Co-Director of UCLA’s Gambling Studies Program.

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[audio: 011912_110630.mp3]

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