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New Jersey to begin licensing sports betting in January 2013

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CareyG

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The state of New Jersey is continuing on its hard stance to legalize Sports Betting after announcing that they plan to start licensing Sports Betting on January 9, 2013. And yes, it appears that they’re set to do this despite some strong opposition on the other side of the fence. About the only thing that could derail the passing of the licenses is if the federal lawsuit by the NCAA and all four major professional sports leagues pushes on. But if it can be overcome, then New Jersey will green light Sports Betting in the state.


Let’s get ready to rumble.


Needless to say, the NCAA, a paragon of virtue that it is, announced that it would look for new hosts for its five championships that was originally set to be played in New Jersey next year. In a news release that appears to have been a response to New Jersey’s plans, NCAA executive vice president of championships and alliances Mark Lewis said, “Maintaining the integrity of sports and protecting student-athlete well-being are at the bedrock of the NCAA’s mission, and are reflected in our policies prohibiting the hosting of our championships in states that provide for single game sports wagering.”


“Consistent with our policies and beliefs, the law in New Jersey requires that we no longer host championships in the state,” Lewis added.


In addition to the NCAA, the National Football League, the National Basketball Association, the National Hockey League, and Major League Baseball have all been up in arms over New Jersey’s plans to legalize Sports Betting. Late last week, Steven Stradbrooke reported that the sports leagues even are gearing up for a legal battle with the addition of Paul Clement, the former US Solicitor General under President George W. Bush, to their legal team. Ironically, as Stradbrooke pointed out, leading the fight on behalf of the state will be Theodore Olson, Clement’s predecessor as US Solicitor General.

Read entire article here.
 

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