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Christie Gives Update on New Jersey SportsBetting
Wednesday September 10,2014 : NEW JERSEY GOVERNOR ON LATEST SPORTS BETTING ANNOUNCEMENT
Christie gives a carefully worded update, saying that the state will not regulate, tax or give a view for or against sports betting in the Garden State.
Given the legal history of the New Jersey legalisation of sports betting issue it is hardly surprising that governor Chris Christie chose his words very carefully in addressing a news conference Tuesday on his announcement earlier that day that sports betting enterprises would no longer be illegal in New Jersey.
New Jersey is exploiting one of the Department of Justice's successful arguments in recent litigation that nothing stops a state government from not enforcing the provisions of the federal Professional and Amateur Sports Protection Act, which confines sports betting to just four US states...New Jersey not among them.
Gov. Christie said the state government would have no role in either regulating or taxing sports books. He also said he would not encourage or discourage casinos or racetracks to get into the business.
The adoption of sportsbetting in the state is anticipated by some as an opportunity to boost tax revenues; they point to the state of Nevada, which racked up $3.5 billion in wagers during 2012, and the substantially larger New Jersey population, which has already indicated through a 2011 referendum that it has no objection to the introduction of intrastate sports betting.
The Associated Press news agency notes that in addition to legal sports betting, estimates of illegal activity indicate that hundreds of billions of wagers are made nationwide every year.
Christie's directive advises that sports betting is no longer illegal in the state, so long as it's not sponsored by the state government.
His administration has also filed a request with U.S. District Judge Michael Shipp in Trenton, asking him to clarify that the action is legal. Shipp was the lower court judge who killed off New Jersey's initial attempt to implement state sports betting legislation when the move was challenged by the NCAA, the US Department of Justice and the four major pro sports leagues last year.
Judge Shipp is expected to rule early next month, and it is likely that at least some operators will await that event before investing time and resources on sports betting.
One operator who will not be waiting for the judge's decision is Monmouth Park Racetrack, whose legal adviser Dennis Drazin told Associated Press Tuesday that his company hopes to start accepting wagers over the coming weekend, or if not feasible over the next 30 days.
Drazin said the Oceanport track has been working over the last year to prepare a room for its sports book and is working with the US division of international sports-betting firm, William Hill.
He added that bettor enthusiasm is high, with the NFL football games building demand from New Jersey sports punters
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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