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NJ SportsBetting Bill Advances Forward


Assembly committee gives unanimous approval

The New Jersey Assembly’s Tourism and Gaming committee have unanimously approved Bill A-3711, proposed legislation that will repeal a ban on sports betting in the State.

In August Governor Chris Christie surprised many by issuing a directive allowing New Jersey sports betting without fear of prosecution (see previous InfoPowa report).  The Bill is designed to reinstate the State’s legal argument and support Christie’s directive.

Bill A-3711 is sponsored by Assembly Democrats John Burzichelli (D-Cumberland/Gloucester/Salem), Ralph Caputo (D-Essex), Vincent Mazzeo (D-Atlantic) and Raj Mukherji (D-Hudson).

“The gaming industry in New Jersey is struggling. Allowing sports betting in our casinos and racetracks can give the industry a much needed boost,” said Chairman of the Assembly Tourism and Gaming committee, Ralph Caputo.

“The third circuit court made it clear there was nothing in New Jersey law preventing the state from repealing its sports wagering ban. Lifting the ban helps us clear yet another hurdle in the ongoing battle to finally bring sports betting to the state.”

“Atlantic City is at a crossroads. Several casinos have folded and thousands of people have lost their jobs. Doing nothing and hoping things get better is not an option,” Mazzeo weighed in. “We know the impact that neighboring competition has had on the state’s gaming industry. It is time for solutions. Sports betting may not be a fix-all, but it can certainly help the casinos still fighting the good fight.”

In related news, U.S. District Court Judge Michael Shipp has granted an extension, for preparation of oral arguments in the sports betting case, to October 31, 2014.

Christie has requested Shipp clarify a Third Court Ruling that affirms the sports betting ban, a request that is opposed by the major sports leagues.

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Gambling News :

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.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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