Endorsed by Gambling911

NJ Fights Back With Motions to Allow Sports Betting: Leagues Seek Injunction

Written by:

Gilbert Horowitz

Published on:

Oct/23/2014

NJ Fights Back With Motions to Allow Sports Betting: Leagues Seek Injunction

It’s been a crazy couple of days in the Garden State as New Jersey prepares to begin allowing legalized sports betting just in time for the NBA, NHL and College Basketball seasons, not to mention both the NFL and College Football are well underway.

The New Jersey Attorney General’s office, the state's thoroughbred horsemen, and the New Jersey Sports and Exposition Authority all filed motions in federal court late Wednesday night opposing the attempt by the NFL and four other sports organizations to obtain a temporary restraining order preventing Monmouth Park from offering sports betting on Sunday, John Brennan of the Bergen Record reported Thursday morning.

Brennan also reveals that the state’s largest race track, Monmouth Park, filed a motion on Sunday requesting to permit sports betting at its facilities. Betfair would be the most likely candidate to partner with Monmouth Park as they have already been granted a New Jersey sports betting license and own the established TVG horse betting brand.

Ron Riccio, attorney for the horsemen, said he expects up to 10,000 people to come to the racetrack this Sunday to place bets on the NFL.

Governor Chris Christie signed legislation authorizing sports betting at the racetracks and Atlantic City casinos last week.

- Gilbert Horowitz, Gambling911.com

Gambling News

60 Minutes Dives Into MGM, Caesars Ransom Attack of Last Year

A surprisingly young cohort of hackers paralyzed some of Las Vegas’ biggest hotels and casinos last fall, demanding an exorbitant ransom. The FBI and cybersecurity researchers call them “Scattered Spider." Bill Whitaker reported on the story for 60 Minutes Sunday.

'Stop the Sports Betting Tax Hike in Illinois' FanDuel Demands, Other Operators Question Motives

"You’re the ones who gave IL license to ask for more taxes," another operator claims.

Unibet Employees Left in Dark About Sportsbook's Impending Closure: Virginia Shuttered

Customers must pull their funds by May 13. Virginia, who knows? The site there closed on April 11 we were told on April 12. PA customers have a little longer time to work with as they were just informed of a June 21 closure.

Kids Left Alone in Car for Four Hours at Casino Found Playing in the Street

The children were left with a cell phone with a dead battery.

Does the IRS Report How Much I Won at DraftKings?

If you won over a certain amount of money betting at DraftKings, the online sportsbook is obligated to report your winnings to the IRS. DraftKings and other regulated sportsbooks typically require you to provide your social security number during the registration process.