New Jersey Looking to Expand Online Casino offerings
The state of New Jersey has been at the forefront of online casino gambling and is looking to expand online gambling with the addition of sports betting. Sports betting in New Jersey is looking to have its day in court probably in February 2016 in the United States Court of Appeals in the Third District.
Sports betting was disallowed in 1992 with the Professional and Amateur Sports Protection Act limiting action predominately to the state of Nevada. New Jersey citizens voted to legalize sports betting in 2011 and that was followed by the New Jersey state legislature passing a bill that governor Chris Christie signed into law in October of 2012. Before the ink was even dry, however, all of the major professional sports leagues and the NCAA filed suit against the Garden State. Two federal rulings went against the state of New Jersey but there is now a life line with the Third District agreeing to give a second look at the case.
The State of New Jersey is hoping that if they win their appeal, it will open the door for online casino sports betting. Although New Jersey has seen online gambling revenues fall short of expectations with a recession of online gambling instead of robust growth it is a reasonable expectation that New Jersey can help stem the tide and even see growth thanks to what is believed to be the public's insatiable appetite for sports gambling at online casinos.
|
