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Death Of Professional Amateur Sports Protection Act
04/27/2012 : MORE NEW JERSEY PRESSURE ON P.A.S.P.A.
Two new proposals that may be the death of the Professional Amateur Sports Protection Act in New Jersey.
Two more New Jersey politicians have launched bi-partisan legislative attacks that could eventually see the restrictive federal Professional Amateur Sports Protection Act overturned in the state, where a strong drive for a more liberalised sports betting environment has been building for some time.
Republican Rep. Frank LoBiondo and Democrat Rep. Frank Pallone, Jr. came out in support of bills HR 3809 New Jersey Betting and Equal Treatment Act of 2012 and HR 3797, Sports Gaming Opportunity Act of 2012 this week, pushing for New Jersey to be allowed to run its own regulated sports betting.
If approved, the bills will place yet more pressure on PASPA, a law that is becoming increasingly unpopular among states who do not believe that sports betting should be confined to just three favoured states.
Both politicians have also explained the financial benefits that could accrue to New Jersey if the sportsbetting restrictions were lifted.
In November 2011 residents of New Jersey approved regulated and licensed sports betting in the state by a 2 to 1 margin when the subject was placed on the ballot following legislative attempts to overthrow PASPA spearheaded by Sen. Ray Lesniak .
Earlier this week news out of California indicated that veteran state Sen. Roderick Wright was pushing bill SB1390 through a preliminary senate committee, also with a view to overturning PASPA.
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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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