All in: New Jersey gets online gambling - U.S. News

"We are offering a responsible yet exciting option that will make Atlantic City more competitive, while also bringing financial benefits to New Jersey as a whole," Christie said in a statement.

The Republican governor signed the legislation after Democratic lawmakers agreed to make several changes, including a provision to review the program after 10 years to gauge its impact on problem gambling.

By legalizing internet gaming, New Jersey could see a huge jump in state casino revenue, to an estimated $436 million in fiscal 2014 from $235 million this fiscal year, which ends June 30, according to budget documents.

Earlier this month, the prospect of a quick approval of online gambling in New Jersey spurred gains among gaming companies on both side of the Atlantic amid hopes it could unlock a market worth up to $1 billion.

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