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Old 11-23-2014, 11:13 AM
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Legalized betting is going to happen, just a matter of time. Its nice to see racing trying to be at the forefront of that effort. They dont really have the juice it seems to make it happen though, the NBA is on board and I suppose when the NFL and MLB get on it will happen pretty quickly.
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Old 11-23-2014, 03:04 PM
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Originally Posted by 10 pnt move up View Post
Legalized betting is going to happen, just a matter of time. Its nice to see racing trying to be at the forefront of that effort. They dont really have the juice it seems to make it happen though, the NBA is on board and I suppose when the NFL and MLB get on it will happen pretty quickly.
I am not so sure. Quite a lot of bribes er make that lobbying money trying to prevent that.
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Old 11-23-2014, 06:11 PM
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I am not so sure. Quite a lot of bribes er make that lobbying money trying to prevent that.
The biggest change is the states really have no choice but to raise revenue with other means, this seems like an easy one.
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Old 11-24-2014, 10:54 AM
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The biggest change is the states really have no choice but to raise revenue with other means, this seems like an easy one.
Why do they HAVE too raise revenue from sports wagering. Frankly its not a needle mover simply not enough revenue. That doesnt mean I dont want it or am pissed its not in NJ just the revenue portion is WAY over stated
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Old 11-24-2014, 11:15 AM
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Why do they HAVE too raise revenue from sports wagering. Frankly its not a needle mover simply not enough revenue. That doesnt mean I dont want it or am pissed its not in NJ just the revenue portion is WAY over stated
Its a multi billion dollar industry, how could it not be substantial revenue for the states?
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Old 11-24-2014, 11:35 AM
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Its a multi billion dollar industry, how could it not be substantial revenue for the states?
Because it simply isnt a needle mover. Will it help a little sure but its not going to be enough to make a significant difference. Again I would love to be at MP in a sports book betting sports and races, the tax money will help racing but dont think Moody's is placing GO's of NJ on credit watch with positive implications IF sports betting was legal in the state. Good for racing and certainly good for people wanting to bet but as a significant revenue producer...not really
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Old 10-14-2015, 11:46 AM
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Federal appeals court grants New Jersey rehearing in sports betting case http://es.pn/1Gdd65b
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