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NEW JERSEY SPORTS BETTING REGULATIONS PUBLISHED
Tuesday October 16,2012 : NEW JERSEY SPORTS BETTING REGULATIONS PUBLISHED
Regulators get on with the task despite legal challenges
Whilst lawyers for the state of New Jersey and legal representatives of the major US sports leagues continue to cross swords in court on the legality of the Garden State's intention to licence and regulate intrastate sports betting, the state regulators are getting on with the task of introducing the necessary regulations.
The New Jersey Division of Gaming Enforcement published regulations for sports betting Monday in the New Jersey Register, making it possible for suitable gambling operators in the state to apply for $50,000 sports pool licenses beginning January 9.
How enthusiastic such companies will be remains to be seen; earlier this year several gambling industry executives expressed support for the project but explained that substantial investment in equipment and infrastructure had to be balanced against the risk of the changeable nature of politics and legal outcomes.
Introducing sports betting is seen as a much-needed boost for state racing companies and Atlantic City's struggling casinos, which have faced growing competition in recent years, exacerbated by a weak economy.
Governor Chris Christie is taking a combative stance in support of the New Jersey move, which challenges the federal PASPA and has been legally challenged by the NFL, Major League Baseball, National Basketball Association, National Hockey League and the NCAA .
The NCAA announced on Monday that it would find new hosts for five championships scheduled to be held in New Jersey this year.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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