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A number of people from the state of New Jersey have advised Gambling911.com they were excited to see legalized sports betting on the ballot for next week’s elections in that state.
The Waltonian’s Raechel Jones notes that each voter will be given the option to either vote for or against this referendum. If the majority favors this referendum, the process towards making sports betting legal in Atlantic City will begin.
If this referendum is passed, that estimated $200 million could become a reality for New Jersey. That is $200 million that New Jersey does not already have. Since Atlantic City is already very well equipped for those with the gambling mindset, I really do not see a problem with adding sports betting to the mix.
So if a decline in revenue will not be the issue here, why should the government not permit sports betting? At the not-so-expensive cost of this benefiting the state, they would be foolish to turn this down. If the outcomes of this new legislation include the opportunities to clean up the city, ensure that it becomes a safer place and provide all of New Jersey with added annual revenue, I question why we have not considered doing this sooner.
The Interactive Media Entertainment & Gaming Association and New Jersey State Senator Raymond Lesniak are behind the initiative. It is also hoped that should this referendum pass, the state would ultimately look towards legalizing online gambling over the Internet with companies licensed in Atlantic City.
- Chris Costigan, Gambling911.com Publisher
