Déjà Vu . . . all over again - New effort for sports betting in Atlantic City ,N.J.

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New effort for sports betting in Atlantic City launched by N.J. federal lawmakers

Reps. Frank LoBiondo (R-2nd Dist.) and Frank Pallone Jr. (D-6th Dist.) today introduced legislation to legalize wagering on sports, which already is allowed in Las Vegas.

[h=1]H.R. 457: To amend title 28 of the United States Code to exclude the State of New Jersey
from the prohibition on professional and amateur sports gambling
to the extent approved by the legislature of the State.
[/h] <dl><dt>Introduced: Jan 21, 2015</dt><dt>Prognosis: 2% chance of being enacted

<dt>Notes: The “H.R.” in H.R. 457 means this is a House of Representatives bill.</dt></dt><dd id="notes"> A bill must be passed by both the House and Senate in identical form and then be
signed by the president to become law.

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How is this one any different?

I really feel like its just a matter of time before it gets legal, especially with the leagues starting to Okay it little by little.
 

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How is this one any different?

H.R. 457, would exempt New Jersey from the federal law that took effect in 1992,
limiting the number of states that could engage in legal sports wagering.

State officials in 1992 allowed a window of opportunity to close by letting a federal ban take effect without opting in.
Four states are permitted to regulate sports wagering.


this bill would also: give all states the chance to enact legalized sports betting for four years, upon approval by the President.
 

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