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NEW JERSEY AWAITS SPORTS BETTING DECISION
19th December, 2012 at 03:37:48
Judge elects to present decision in writing after hour-long oral hearing
In an hour-long hearing Tuesday that was well-attended by interested parties, lawyers for New Jersey and the major US sports leagues argued for and against the Garden State offering sports betting, effectively defying the discriminatory and federal PASPA.
New Jersey has already passed the necessary legislation for intrastate sports betting, a move that triggered litigation from the leagues and a series of arguments that include whether the sports leagues have legal standing to contest the New Jersey decision (see previous reports).
Weighing the arguments, USA District Judge Michael Shipp said at the conclusion of the hearing that he will issue a ruling by Friday as to whether the leagues have standing to continue the lawsuit.
New Jersey's Legislature enacted a sports betting law in January this year, limiting bets to Atlantic City casinos and the state's horse racing tracks.
Legal arguments have included the fact that the leagues have for decades prospered from legalised sports betting in four states, primarily Nevada, and indirectly from illegal online sports wagering. The leagues have also actively aligned themselves with fantasy sports betting.
The leagues argue that sports betting threatens the integrity of sports.
Related News Tags: Atlantic City, New Jersey
BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING
28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.
MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)
21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.
NOW WEST VIRGINIA EYES ONLINE GAMBLING LEGALISATION
18th March, 2017 at 06:34:19
New legalisation bill follows earlier challenge to PASPA
REPUBLICANS FILE ANTI-ONLINE GAMBLING BILL IN PENNSYLVANIA
14th March, 2017 at 08:11:41
HB801 has echoes of last year's unsuccessful attempt authored by former Representative (now Senator) Mario Scavello.
BETFAIR BREAKS EVEN IN NEW JERSEY
11th March, 2017 at 07:26:29
Profitability in sight as licensed online partnership with Golden Nugget prospers and US television assets grow.