It's a moot point. With the power of state of Nevada and all four major sports leagues against you this has zero chance of congress overturning the law and allowing sportsbetting in New Jersey. Just like Delaware which was shot down to just permitting three team parlays New Jersey is dead on arrival. New Jersey blew it. They had their chance several years ago but Senator Bradley, the prick who was a Knick made sure it never saw the light of day. If I was New Jersey I would do everything in my power to sabotage online poker in Nevada. It's the only way they can retaliate against a state that wants a monopoly on that Super Bowl betting money. How much business would Atlantic City be doing if you could bet on Giants this week and on Feb 5th if they get to the big game. How about two years from now when the Super Bowl is played at Met Life. It would be huge.
I really think the only sports league that really cares is the NFL. Stern was on Francesa during the holidays and said the legalization of sports gambling was inevitable. Stern said "I don’t think it can happen anytime soon, but I think if you asked me if it was inevitable, it’s beginning to look that way". Doesn't sound like a man that is going to put up much of a fight.
It it would be difficult for him to argue against. He knows the only people watching his game during the regular season are gambler. Pro sports should want gambling. Imagine if you set it up like William Hill or Ladbrokes. They could monitor wagers and would be able to put all bookies out of commission and as vegas was key in the ASU Headache Smith case. They would be the same in all cases.
I think the players make too much money in the pros to be bought off and college guys are already bought off in smaller conferences.
IMHO it will happen and New Jersey will have sports wagering at casinos and race tracks within 24 months. The DOJ has no real legal argument and I think that they know it; the people of the State on New Jersey want it pursuant to the vote last year. Now NJ can demonstrate the the people are being hurt by the Federal Statute.
As far as Delaware's legal argument went last year, it's my understanding that Delaware did not make the "equal protection under the law argument". Rather, they said that they were grandfathered because they had sports wagering prior. However, the original state legislation had no provision for single straight wagers, it was only for parlays. Because of the foregoing Delaware could not offer straight wagers using the grandfathering position.
What's interesting is that when Delaware was asked why it did not go the equal protection route, they indicated that they were confident that they would win thus enabling all states the offer sports gambling which would hurt their operation. If they would have won the equal protection argument then all states could offer sports gambling pursuant to the decision. They were content to have a monopoly on the sports parlay stuff rather than face competition from other surrounding states (NJ & Phil specifically).
As far as Delaware's legal argument went last year, it's my understanding that Delaware did not make the "equal protection under the law argument". Rather, they said that they were grandfathered because they had sports wagering prior. However, the original state legislation had no provision for single straight wagers, it was only for parlays. Because of the foregoing Delaware could not offer straight wagers using the grandfathering position.
What's interesting is that when Delaware was asked why it did not go the equal protection route, they indicated that they were confident that they would win thus enabling all states the offer sports gambling which would hurt their operation. If they would have won the equal protection argument then all states could offer sports gambling pursuant to the decision. They were content to have a monopoly on the sports parlay stuff rather than face competition from other surrounding states (NJ & Phil specifically).
Sports betting is very little of the profits that Vegas gaming houses make over the course of a year.
What makes anyone think that somehow Atlantic City is going to become a Gold Mine if they allow sports betting?
Will sports betting in Atlantic city create jobs and taxes=yes. But IMO it's not this HUGE HUGE wind fall some seem to think it is.
Not many people will wager 200 bucks on a thursday night mac football game, and 99.9% of those who would, won't be able to get to Atlantic City every time they want to wager.
Would Atlantic city get some BIG action during march madness or bowl games or Sb or world series, sure....... but they rest of the year, it won't be this HUGE industry that balances the books in a cash strapped area of the country.
What makes anyone think that somehow Atlantic City is going to become a Gold Mine if they allow sports betting?
Will sports betting in Atlantic city create jobs and taxes=yes. But IMO it's not this HUGE HUGE wind fall some seem to think it is.
Not many people will wager 200 bucks on a thursday night mac football game, and 99.9% of those who would, won't be able to get to Atlantic City every time they want to wager.
Would Atlantic city get some BIG action during march madness or bowl games or Sb or world series, sure....... but they rest of the year, it won't be this HUGE industry that balances the books in a cash strapped area of the country.
The world has changed since 1992 when NJ failed to get an exemption in federal sports betting ban. The federal government and the states are strapped for cash. I think NJ has a decent chance of overturning the ban.
And I don't think it's just sports betting revenue NJ is after. Sportsbooks will get more gamblers into the casinos and tracks where they will spend more at the tables, slots and restaurants.
And I don't think it's just sports betting revenue NJ is after. Sportsbooks will get more gamblers into the casinos and tracks where they will spend more at the tables, slots and restaurants.
New Jersey's problem is that they have not asked the 4 major sports leauges anything. No one in NJ has said a word save for one guy. The lawmakers signed because whom ever is the coolaid in back believes they can take the feds down and they simply got out of the way. What few there are thinks its going to be that easy and no one will show up from the other side. OK. The fact no one in NJ of note has said a word tells you they know better.
http://www.northjersey.com/news/sta...e_bill_to_lift_sports_betting_ban_for_NJ.html
Rep. Frank Pallone, D-Monmouth, said Friday that he will introduce a bill in the House of Representatives designed to exclude New Jersey from a 20-year-old federal law that bans sports betting in most states.
“The existing federal law is unconstitutional and arbitrary, giving four states access to this billion-dollar industry while shutting out the rest,” Pallone said in a statement. “This legislation will help even the playing field and uphold our state’s wishes on what is clearly a state issue.”
Pallone plans to hold a press conference on the bill in Trenton on Monday — six days after Governor Christie signed into law a bill that would permit betting on professional and college sports at lounges at the state’s casinos and racetracks. The bill passed overwhelmingly in both houses of the Legislature early this month, and 66 percent of voters statewide backed a non-binding ballot question on the issue in November.
But the Professional and Amateur Sports Protection Act of 1992, sponsored by former U.S. Sen. Bill Bradley, D-N.J., bars such wagering, except in Nevada, while allowing limited betting in Delaware, Oregon and Montana that mirrors what those states offered before the ban took effect.
Rep. Frank Pallone, D-Monmouth, said Friday that he will introduce a bill in the House of Representatives designed to exclude New Jersey from a 20-year-old federal law that bans sports betting in most states.
“The existing federal law is unconstitutional and arbitrary, giving four states access to this billion-dollar industry while shutting out the rest,” Pallone said in a statement. “This legislation will help even the playing field and uphold our state’s wishes on what is clearly a state issue.”
Pallone plans to hold a press conference on the bill in Trenton on Monday — six days after Governor Christie signed into law a bill that would permit betting on professional and college sports at lounges at the state’s casinos and racetracks. The bill passed overwhelmingly in both houses of the Legislature early this month, and 66 percent of voters statewide backed a non-binding ballot question on the issue in November.
But the Professional and Amateur Sports Protection Act of 1992, sponsored by former U.S. Sen. Bill Bradley, D-N.J., bars such wagering, except in Nevada, while allowing limited betting in Delaware, Oregon and Montana that mirrors what those states offered before the ban took effect.
Wont be surprised if this makes its way all the way to the Supreme Court. No way Congress is overturning it, but one would have to think a law that excluded 46 states has to be unconstitutional.
NJ has the money to push it up the courts.
Plus it will not just be atlantic city. You can bet on casinos moving towards Manhattan.
NJ has the money to push it up the courts.
Plus it will not just be atlantic city. You can bet on casinos moving towards Manhattan.
