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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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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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