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Tomorrow, it is expected that hundreds of millions of dollars will be wagered on the Super Bowl, and the only people in Atlantic City that will get any part of that is the illegal bookmakers. Sports Betting is still prohibited in New Jersey, and lawmakers in the state are hoping that changes this year.
Senator Raymond Lesniak is leading the charge to have a federal law overturned regarding Sports Betting. On a national level, New Jersey and dozens of other states are prohibited from offering Sports Betting. Las Vegas was the only state in the country to allow Sports Betting up until two years ago when Delaware changed their laws.
This November, residents of New Jersey will be asked how they feel on the Sports Betting issue in a ballot question. If voters approve sports gambling, it will set up an interesting showdown between the state and federal government. Lesniak has already started that battle with his lawsuit.
Atlantic City casinos are in desperate need of sports books. Neighboring states have started to expand their casino industries, and AC casinos have felt the effects. Analysts believe that if Atlantic City casinos do not gain Sports Betting, Pennsylvania may pass them in gaming revenue.
Read entire article here.
Senator Raymond Lesniak is leading the charge to have a federal law overturned regarding Sports Betting. On a national level, New Jersey and dozens of other states are prohibited from offering Sports Betting. Las Vegas was the only state in the country to allow Sports Betting up until two years ago when Delaware changed their laws.
This November, residents of New Jersey will be asked how they feel on the Sports Betting issue in a ballot question. If voters approve sports gambling, it will set up an interesting showdown between the state and federal government. Lesniak has already started that battle with his lawsuit.
Atlantic City casinos are in desperate need of sports books. Neighboring states have started to expand their casino industries, and AC casinos have felt the effects. Analysts believe that if Atlantic City casinos do not gain Sports Betting, Pennsylvania may pass them in gaming revenue.
Read entire article here.