..

NJ Governor Jon Corzine Joins Sports Betting Fight

Written by:
Guest
Published on:
Jun/05/2009
Jon Corzine

New Jersey Gov. Jon S. Corzine today announced he would seek to intervene in support of a federal lawsuit filed by state Sen. Raymond Lesniak in an effort to overturn a federal ban on sports betting in New Jersey and 45 other states.

"The federal government's prohibition on sports betting for some but not all states is fundamentally unfair," Governor Corzine said. "There should be uniformity in the application of federal law. If one state is allowed to legalize betting on sports events, all states should be allowed the same opportunity."

Since 1992, federal law has outlawed wagering on sports except in four states, Nevada, Montana, Oregon and Delaware. Last month, Delaware took advantage of its exemption in the federal law to legalize sports betting and table games at its three horse racing facilities.

Legalized sports betting in Delaware is a cause for concern within the gaming industry in New Jersey because it puts Atlantic City at a competitive disadvantage. Some estimates say as much as $10 billion could be bet on sports annually in New Jersey if such wagers were legal and could generate $100 million in tax revenue for the state.

Governor Corzine will seek to join the lawsuit Lesniak filed in March on behalf of himself as a state senator, the Interactive Media Entertainment and Gaming Association and two horse racing groups. The suit asserts that federal law unconstitutionally regulates commerce and discriminates against states were sports betting is forbidden.

"Sports betting in the U.S. is unregulated, untaxed and illegal," Lesniak said. "Rather than supporting thousands of jobs, economic activity and tourism, the federal ban supports offshore operators and organized crime."

"Delaware's entry into sports wagering and table games is a serious threat to the both the casino and horse racing industries in New Jersey," Governor Corzine said. "We must do everything in our power to stay competitive. We simply cannot afford to sit back and let neighboring states press an unfair advantage against us anytime, and certainly not in the midst of this global economic crisis."

 

 

Gambling News

Michigan Nears Launch of Online Sports Betting

Michigan Nears Launch of Online Sports Betting

Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.

What to Avoid in Online Gambling Sites

What to Avoid in Online Gambling Sites

Online gambling, which started around 2010 has since grown to be one of the major activities on the internet today. Since then, the industry has seen a few changes in terms of public perception and acceptance. Also, the industry has witnessed some adjustments in the laws and regulations guiding its operation.

Controversy Brewing: Draftkings Voiding Tyson-Jones Bets?

Draftkings was among the only sportsbooks that booked Saturday night's monster Mike Tyson-Roy Jones, Jr fight.  Because it was billed as an exhibition fight, few were taking bets.  BetOnline only offered a handful of prop wagers, including whether Tyson-Jones would go the distance.

Start a Sportsbook Betting

Start a Sportsbook Betting

To start a book betting is actually very simple nowadays, instead of back in the day when everything had to be done by hand, and the betting options were extremely limited.

5 Exciting Card Games from Around the World

Card games are exciting and entertaining. So, it only makes sense for card lovers worldwide to want to explore other options out there. Luckily, there are dozens of card games worldwide, most of which we will discuss in this article. 

Syndicate