Panel approves vote on sports betting at New Jersey casinos

MJMANDALAY

Registered User
Jan 26, 2005
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#1
Thursday January 24, 2008, 4:48 PM
The Assembly Tourism and Gaming Committee this afternoon unanimously passed legislation that would ask New Jersey voters to allow sports betting in Atlantic City casinos.

But there is no reason to hurry to the gambling mecca to place a bet on the Giants. If the proposal clears the Legislature and gains the approval of voters on the November ballot, sports betting in New Jersey would still face the opposition of the federal government, which oversees an interstate commerce law that prohibits it in the Garden State.

Proponents of the idea in the Legislature foresee a legal battle over the federal ban that could take years to settle and could up before the U.S. Supreme Court.

Under the proposal, bets could be placed only on professional sports events and only in casino betting parlors. But with horse racing proponents complaining sports betting would be another blow to the financially-struggling industry, Assemblyman John Burzichelli (D-Gloucester), the committee chairman, and a prime sponsor, promised the possibility of allowing sports betting at The Meadowlands, Monmouth Park and Freehold Race Way would be considered as the proposal moves through the Legislature.

The proposal, A1909, could be brought up for a vote by the full Assembly as early as Feb. 7. The outlook for the sports betting proposal in the Senate, where it has died twice in the past four years, is unclear. Senate President Richard J. Codey (D-Essex) has expressed concern over what it might do financially to the racing industry. The measure has the support of the 11 casinos but is opposed by the National Football League.

Federal law permits sports betting in Nevada, Delaware, Montana, and Oregon. It is only done in Nevada, where $76 million in sports bets were placed in 2007.
 
Jun 2, 2005
15,516
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Dallas
#2
Is it just me or does 76M seem like a very low number for the amount placed in sports bets in a year in Vegas? I would almost expect that much to be placed on the Super Bowl side bets alone.
 

MJMANDALAY

Registered User
Jan 26, 2005
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#3
Is it just me or does 76M seem like a very low number for the amount placed in sports bets in a year in Vegas? I would almost expect that much to be placed on the Super Bowl side bets alone.
I thought so too. But that is Vegas not really know for the Sports Betting town. Everybody I know uses a bookie, thats how you really bet in America.
 

d0uche_n0zzle

**Negative_Creep**
Sep 15, 2004
46,851
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#4
Sports betting should be legalized in NJ, it would most likely save it from them Injuns.
 

HummerTuesdays

Another girrrrl!!!
Apr 24, 2005
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#5
I'm all for sports betting in NJ, especially if they allow it in the race tracks, too.

What is the NFL's reason for opposing it? Are they bummed they don't get a share?
 

Nortonsmeatytit

"That ball is outta here"
Sep 11, 2005
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#6
they have to come up w/something to make up for the loss of slot revenue now that Pennsylvania has slot casinos.
 

Ballbuster1

In The Danger Zone...
Wackbag Staff
Aug 26, 2002
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#7
MJMANDALAY said:
Everybody I know uses a bookie, thats how you really bet in America.
Yeah, that's why I don't see the harm in legalizing it. If anything it will encourage
some people to use the legal outlets instead of some of the shadier bookies that
are out there. No reason not to give it a shot.