Scan
Scan
Joined: Sep 9, 2013
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June 19th, 2014 at 1:34:40 PM permalink
Nj State Senator Lesniak says NJ to have legal sports betting by start of 2014 NFL Season
http://www.northjersey.com/news/monmouth-park-will-have-legal-nfl-betting-come-september-n-j-sen-lesniak-predicts-1.1037203
DRich
DRich
Joined: Jul 6, 2012
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June 19th, 2014 at 1:39:39 PM permalink
If anyone is silly enough to think that this is going to happen, I will take bets that says it doesn't.
Order from chaos
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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June 19th, 2014 at 6:41:36 PM permalink
Quote: DRich

If anyone is silly enough to think that this is going to happen, I will take bets that says it doesn't.

I believed it to be a bluff but it would be awesome if they did it. I can see people wanting to go there just to make a bet, but I'm also told it's not as big as I think.
I am a robot.
NokTang
NokTang
Joined: Aug 15, 2011
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July 2nd, 2014 at 6:06:49 PM permalink
Quote: onenickelmiracle

but I'm also told it's not as big as I think.



Illegal bookmakers make their money due to extending credit. If people had to put down cash things would be much different.
coilman
coilman
Joined: Jan 29, 2012
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July 2nd, 2014 at 6:46:04 PM permalink
Yeah but when will Gural get his slots at THE MEADOWLANDS?
ThatDonGuy
ThatDonGuy
Joined: Jun 22, 2011
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July 2nd, 2014 at 6:48:49 PM permalink
Supreme Court of the United States
June 23, 2014
Chris Christie, Governor of New Jersey, et al., Petitioners
v.
National Collegiate Athletic Association, et al.

Petition for writ of certiorari is denied.


Translation: Tough luck, Christie, but we're not hearing this case. No sports betting in Jersey. Live with it.

In response, the legislature passed a bill that, supposedly, would allow private companies to run sports books legally in the state, pointing out that the federal law only bans the state from "licensing and regulating" sports betting.

Here is the text of the federal law:
Quote: Title 28, Section 3702, United States Code

It shall be unlawful for—
(1) a governmental entity to sponsor, operate, advertise, promote, license, or authorize by law or compact, or
(2) a person to sponsor, operate, advertise, or promote, pursuant to the law or compact of a governmental entity,
a lottery, sweepstakes, or other betting, gambling, or wagering scheme based, directly or indirectly (through the use of geographical references or otherwise), on one or more competitive games in which amateur or professional athletes participate, or are intended to participate, or on one or more performances of such athletes in such games.


Here's the text of the New Jersey bill:
Quote: New Jersey Legislature S2250

All prohibitions, including, but not limited to, chapter 37 of Title 2C of the New Jersey Statutes, against wagering on the results of any professional, college, or amateur sport or athletic event, are partially repealed to the extent they would apply to such wagering at casinos or gambling houses in Atlantic City or at current running and harness horse racetracks in this State.


The question is, is the lack of a law banning it considered "pursuant to the law or compact of a government entity"?
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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July 2nd, 2014 at 7:42:08 PM permalink
If this happens would they be able to extend this to their online venues? If so this could be a nice chunk of change.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
FatGeezus
FatGeezus
Joined: Jun 12, 2010
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July 3rd, 2014 at 8:52:00 AM permalink
Quote: AxelWolf

If this happens would they be able to extend this to their online venues? If so this could be a nice chunk of change.



According to this article, there would be no on-line sports betting. You have to do it in person.

http://www.nj.com/opinion/index.ssf/2014/07/sports_betting_a_democrat_gambles_on_nullification_mulshine.html
DrawingDead
DrawingDead
Joined: Jun 13, 2014
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July 3rd, 2014 at 9:52:32 AM permalink
Quote: DRich

If anyone is silly enough to think that this is going to happen, I will take bets that says it doesn't.



Happens prior to zombie apocalypse: +650

Not: -850

Props: o/u -15 for 12am 7/1/2525 date with zombies or a NJ sportsbook opening
"I'm against stuff like crack and math" --AxelWolf
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
  • Threads: 191
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July 3rd, 2014 at 1:01:25 PM permalink
Quote: ThatDonGuy

... In response, the legislature passed a bill that, supposedly, would allow private companies to run sports books legally in the state, pointing out that the federal law only bans the state from "licensing and regulating" sports betting.


So unregulated and unlicensed would be legal?

I.E. Jimmy the Bookie is ok, but a casino sports book is not?

Wow.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁

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