NJ Sports Betting: Six years later, it’s official in New Jersey

[Danzig]

http://espn.go.com/chalk/story/_/id/...ionship-events

oh, please, ncaa. quit with the holier than thou bs. you make money off free players, supported by gambling dollars.
own it.

[Alabama Stakes]

not illegal to gamble, illegal to take action ...right ?

[Danzig]

Originally Posted by Alabama Stakes

not illegal to gamble, illegal to take action ...right ?

No. These folk are misrepresenting themselves as not being gambling, when they are. And then the NCAA wants to pretend it's all about athletes and scholarships when its really about money coming in while not paying the players, but they make money off the players. And if its not gambling, why can't they air during the big games? Why is the NCAA OK taking their ad money in regular season, but not after?
Reminds me of jokes about ladies of the evening and money. Already known they're a prostitute, just a matter of price.

[Kasept]

Court again says New Jersey can't legalize sports betting
By DAVID PORTER
Aug. 9, 2016 11:28 AM EDT

http://bigstory.ap.org/article/272ee...betting-effort

NEWARK, N.J. (AP) — A federal appeals court on Tuesday dealt another defeat to New Jersey's yearslong attempt to legalize sports betting, setting aside the state's challenge to a federal betting ban.

The 3rd U.S. Circuit Court of Appeals ruling invalidated a law passed by New Jersey in 2014 that would have allowed sports betting at casinos and racetracks. The court found New Jersey's law repealing prohibitions against sports gambling violated the 1992 Professional and Amateur Sports Protection Act, which forbids state-authorized sports gambling.

"Because PASPA, by its terms, prohibits states from authorizing by law sports gambling, and because the 2014 law does exactly that, the 2014 law violates federal law," the court wrote.

Currently, only Nevada offers legal sports betting on individual games. Delaware offers multigame parlay betting in which players must pick several games correctly to win. Both were given exemptions when PASPA was passed.

[jnunan4759]

After this, the only other option is SCOTUS and it's unlikely they would even hear that case since the appelate court upheld a federal law. I don't think there is much momentum to alter that law at the federal level, since all the sports organizations are opposed.

When you think of it, legalizing betting on pro sports is not going to do the leagues any good. People bet on it now and it drives TV ratings. It would be a headache for them.

States were given an option in that law to opt in and only 2 or 3 did, besides Nevada. I know Delaware only got NFL parlays out of it. You have to bet 3 wagers in a bet, like the old bookie bar cards.

Sad for the horse industry and Denis Drazin. They've worked really hard with the best interests of the NJ horse industry involved. Their best option is to try and get a % of any new casino via a voted referendum. Worth a shot.

[freddymo]

Originally Posted by jnunan4759

After this, the only other option is SCOTUS and it's unlikely they would even hear that case since the appelate court upheld a federal law. I don't think there is much momentum to alter that law at the federal level, since all the sports organizations are opposed.

When you think of it, legalizing betting on pro sports is not going to do the leagues any good. People bet on it now and it drives TV ratings. It would be a headache for them.

States were given an option in that law to opt in and only 2 or 3 did, besides Nevada. I know Delaware only got NFL parlays out of it. You have to bet 3 wagers in a bet, like the old bookie bar cards.

Sad for the horse industry and Denis Drazin. They've worked really hard with the best interests of the NJ horse industry involved. Their best option is to try and get a % of any new casino via a voted referendum. Worth a shot.

ESPECIALLY since they are so vested in the "skilled" based Fantasy industry.

[jms62]

Wonder if they can use binary options on their exchange platform to get around this.