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NEW JERSEY AWAITS SPORTS BETTING DECISION
December 19,2012 : NEW JERSEY AWAITS SPORTS BETTING DECISION
Judge elects to present decision in writing after hour-long oral hearing
In an hour-long hearing Tuesday that was well-attended by interested parties, lawyers for New Jersey and the major US sports leagues argued for and against the Garden State offering sports betting, effectively defying the discriminatory and federal PASPA.
New Jersey has already passed the necessary legislation for intrastate sports betting, a move that triggered litigation from the leagues and a series of arguments that include whether the sports leagues have legal standing to contest the New Jersey decision
Weighing the arguments, U.S. District Judge Michael Shipp said at the conclusion of the hearing that he will issue a ruling by Friday as to whether the leagues have standing to continue the lawsuit.
New Jersey's Legislature enacted a sports betting law in January this year, limiting bets to Atlantic City casinos and the state's horse racing tracks.
Legal arguments have included the fact that the leagues have for decades prospered from legalised sports betting in four states, primarily Nevada, and indirectly from illegal online sports wagering. The leagues have also actively aligned themselves with fantasy sports betting.
The leagues argue that sports betting threatens the integrity of sports.
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Gambling News :
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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