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NJ SENATE PASSES SPORTS BETTING BILL
Wednesday October 15,2014 : NJ SENATE PASSES SPORTS BETTING BILL
By overwhelming majority, just one of 28 against the proposal
The New Jersey State Senate has passed a bill authored by Democratic State Senator Raymond Lesniak, and submitted by Governor Chris Christie’s administration, that will partially repeal the prohibition of sports betting by an overwhelming majority of 27-1.
The bill proposes non-State-regulated sports betting be allowed at racetracks and casinos for the first time in two decades.
“This is in the best interests of our state and clearly in the best interests of several important industries that we know are having some challenges at this moment in time,” said Senator Jennifer Beck, R-Monmouth.
Senate President Stephen Sweeney, D-Gloucester, said of Tuesday’s Senate “because we want to get sports betting done.”
Running in tandem, professional sports leagues and the NCAA await hearings before U.S. District Judge Michael Shipp scheduled for October 31, 2014.
Christie requested Judge Shipp clarify or modify his February 2013 injunction following a Third Circuit court ruling that concluded that nothing under New Jersey law prevents casinos and racetracks from operating a sports pool
The Assembly is expected to vote on today’s (Tuesday) measure on Thursday, following which the bill will be presented to Christie for his signature.
“We’ll see whether he’s for it or against, since he vetoed this bill before,” Sweeney said. “We need to try to get this done. An overwhelming majority of the people voted to support sports betting in the state. We’re hoping he doesn’t try to play games with it this time around.”
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Mybet Earnings Struggle -
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Tom Horn Awarded Malta Gaming License -
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Calvin Ayre invests in new Antigua Business Center -
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Attack of the Zombies Slot -
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Why is FullFlush Poker Still Down -
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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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