Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
  #1  
Old 10-21-2015, 05:42 PM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
Posts: 29,942
Default

Quote:
Originally Posted by Alabama Stakes View Post
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.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote
  #2  
Old 08-09-2016, 11:30 AM
Kasept's Avatar
Kasept Kasept is offline
Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
Posts: 44,135
Default

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.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
Reply With Quote
  #3  
Old 08-11-2016, 11:39 PM
jnunan4759's Avatar
jnunan4759 jnunan4759 is offline
Washington Park
 
Join Date: Jan 2014
Location: Chester County, PA
Posts: 897
Default

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.
Reply With Quote
  #4  
Old 08-12-2016, 05:56 AM
freddymo freddymo is offline
Belmont Park
 
Join Date: Sep 2007
Posts: 7,091
Default

Quote:
Originally Posted by jnunan4759 View Post
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.
Reply With Quote
  #5  
Old 08-12-2016, 06:06 AM
jms62's Avatar
jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,831
Default

Wonder if they can use binary options on their exchange platform to get around this.
Reply With Quote
  #6  
Old 06-27-2017, 10:24 AM
Kasept's Avatar
Kasept Kasept is offline
Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
Posts: 44,135
Default

Supreme Court will hear N.J. appeal to allow sports betting
By Matt Hegarty

The U.S. Supreme Court decided on Tuesday that it will hear an appeal by the state of New Jersey in its bid to legalize sports betting within its borders.

The decision will allow New Jersey to argue that its attempts to allow betting on sports does not violate a federal law that sought to stop the spread of legal sports gambling. New Jersey’s executive branch and its legislature have devised multiple strategies to allow sports betting over the past several years, but lower courts have struck down the plans, ruling in favor of a coalition of professional and amateur sports leagues that had objected.

Legalized sports wagering in New Jersey has been supported by Monmouth Park, which is operated by the state’s horsemen under a lease from the state. The plans allowing for sports betting have tabbed Monmouth Park as one of the sites where sports wagers could be placed, along with Atlantic City’s struggling casinos.

The court will hear the appeal during its fall session. Briefs are scheduled to be filed in August.

Single-game wagering is generally prohibited under a federal law, the Professional and Amateur Sports Protection Act, which was passed in 1992. The legislation included several exceptions, including an allowance for sports betting in Nevada and three other states that had already authorized limited wagering on sports contests.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
Reply With Quote
  #7  
Old 06-28-2017, 09:44 AM
freddymo freddymo is offline
Belmont Park
 
Join Date: Sep 2007
Posts: 7,091
Default

http://www.espn.com/chalk/story/_/id...l-happens-next
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 08:37 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.