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New Jersey Voters Say Yes To Sportsbetting
Wednesday, November 9, 2011 : Referendum yields positive results for gambling proponents
Unofficial results on a New Jersey ballot question on the legal right to sports betting showed 66 percent of voters in favour and 34 percent opposed.
With the passage of the topic determined by the State's voters, Govenor Chris Christie is said to be preparing to legalise the activity but only when the Federal Professional and Amateur Sports Protection Act (PASPA) has been repealed.
The 1992-enacted Federal law bans sports wagering in all States but Montana, Delaware, Oregon and Nevada.
On casting his ballot, Govenor Christie said: "With this referendum, we have an opportunity that gives the state more solid footing to challenge the federal ban on sports wagering outside of a few select places."
Legalised sportsbetting proponents say the activity would boost Atlantic City casino and racetrack revenues to the tune of $230 million annually and lift tourism figures.
The ballot results will no doubt prove encouraging to State Senator Raymond Lesniak (D., Union) who plans on introducing a new legislation attempt by the end of this week.
Lesniak's legislation would allow New Jersey's Casino Control Commission to embark on a sports betting licensing programme at establishments in the State County's of Monmouth, Meadowlands, Mays Landing and Freehold.
"I expect to get it to Governor Christie for his signature before the end of the year," said Lesniak. "By the start of next year's NFL season, when the Eagles play the Giants, you'd better reserve your room soon in Atlantic City, because it will be packed, just like Las Vegas is now."
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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.
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.
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.
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