From the Wires
DHS Holding Co. Notes One More State Added
By: Marketwire .
Feb. 27, 2013 02:19 PM
NASHVILLE, TN -- (Marketwire) -- 02/27/13 -- DHS Holding Co. (PINKSHEETS: DHSM) is proud to announce that another goal in U.S. adoption of online gaming has been achieved.
On February 26, 2013, New Jersey Governor Chris Christie approved online gambling in order to help revive casinos in Atlantic City and boost tax revenues in the state.
This is the third state to legalize online gaming, as Nevada and Delaware have already approved bills that allow residents in their states to gamble online.
According to the Reuters article, the New Jersey bill "will legalize Internet gaming to New Jersey's 9 million residents and also create opportunities for European companies with expertise in running online gaming operations."
DHS Holding Co. President Charlie Barrett stated, "This is another big step toward legalizing online gaming in the U.S., and puts our company in a good position to take advantage of the new legislations."
This comes on the heels of an unprecedented move by lawmakers in Nevada when they approved a measure to allow for state-to-state gaming agreements that could usher in the country's first interstate betting network. This bill, signed on Thursday by Governor Brian Sandoval, allows companies in Nevada to host interactive gambling for residents of other states.
Mr. Barrett continued by saying, "The movement to legalize online gaming in the U.S. is gaining momentum. DHS Holding Co. is very excited to be a part of it."
Online gaming is $180 billion per year industry and DHS Holding Co. will advertise and market LuckyFoxCasino.com worldwide in an attempt to capture its share of this $180 billion industry.
To read the full article: http://www.reuters.com/article/2013/02/27/us-usa-newjersey-gambling-idUSBRE91Q02S20130227
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