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Legal Arguements on NEw Jersey Sportsbetting

Saturday September 8, 2012 : INTERESTING LEGAL ARGUMENTS EMERGE ON NEW JERSEY SPORTS BETTING (Update)
 
Do the major sports leagues have legal standing to sue the Garden State?
 
Legal arguments triggered by the major sports leagues’ attempts to sue the state of New Jersey over its new law allowing intrastate single game sports betting warmed up this week as New Jersey's Washington DC lawyers fired back.
 
The Press of Atlantic City reports that New Jersey's legal representatives presented interesting argument that:
 
* The NFL, NBA, NHL and MLB and the NCAA do not have standing to sue New Jersey because they cannot show that the state offering sports betting currently banned by the PASPA will cause them any harm.
 
* Despite a market estimated at around $380 billion annually, the leagues have managed to maintain their integrity; therefore it is unlikely that this will be further placed at risk by New Jersey operations, even if these generate an amount similar to the $3 billion delivered by Nevada sports betting annually.
 
* The sports leagues have enjoyed significant growth over the last twenty years, much of it thanks to the sports betting industry. Given the existing levels of sports betting, the temptation to fix games is already present. If any fixing went on, it would be the leagues' own players, officials and employees who were involved - not the New Jersey regulators.
 
* On an interesting constitutional point, the leagues' contention that the federal Professional and Amateur Sports Protection. Act (PASPA) has a specific clause allowing sports leagues to sue is challenged. New Jersey's lawyers argue that the insertion of such a clause implies that federal lawmakers overreached their authority and usurped the constitutional functions of the judiciary, because granting such standing to sue is a power restricted to the judiciary by the constitution.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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