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NEW JERSEY SPORTS BETTING MEASURE PROGRESSES
December 9, 2011 : Sen. Lesniak keeps the pressure on as sports betting bill heads for House of Assembly
New Jersey media report that Sen. Ray Lesniak's intrastate sports betting bill S-3113 continues to make rapid progress through legislative committees and was signed off by a Senate panel Thursday, clearing the way for it to go before the House for debate and perhaps a vote as early as next week.
From there it will go to the Senate, and Lesniak remains confident he can push the measure through before the holiday break with a Senate vote around December 15.
After that, Gov. Chris Christie will again be faced with supporting the will of the Legislature and the electorate, or exercising his veto rights.
InfoPowa readers will recall that the desirability of intrastate sports betting was overwhelmingly confirmed in a November 8 ballot of state residents, after which Lesniak launched a new bill which could bring the state into a confrontation with federal government over the Professional and Amateur Sports Protection Act of 1992 which restricts sports betting to selected states.
This week Lesniak told the Associated Press news agency that his bill has the potential to generate very significant tax revenues for the state and its troubled gambling centre of Atlantic City. Its passage will be worthwhile, he said, even if it is necessary to ultimately confront federal legislation like the PASPA in the courts.
"All the studies we’ve seen show that of all the hundreds of millions of dollars in wagers this will generate, 70 percent of that will come through the internet,” Lesniak claimed.
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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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