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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 :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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