Despite New Jersey Gov. Chris Christie issuing a shocking directive earlier this month that called for Garden State gambling facilities to dabble within the sports betting business, no firm has actually taken up the activity—at least not yet.
“Based at the arguments of the sports leagues and the us Department of Justice, the 3rd Circuit has already ruled that New Jersey can perform sports wagering as described in today’s statewide directive,” the governor’s office wrote in a statement.
“The motion simply would clarify and formalize that authority and provides clear guidance to casinos and racetracks waiting to open a sports pool in New Jersey.”
There was only one rule: No bets may also be taken on teams based within the Garden State or on any sporting event happening in it. Lawmakers wish to avoid possible game fixing.
Christie’s directive basically makes it so sports betting is allowed, however the state government won’t regulate it. It’s a hands-off approach that arguably helps the state circumvent federal law.
However, in step with the Associated Press:
Racetracks and casinos are awaiting a federal judge’s ruling early next month, or, possibly, further action by New Jersey’s Legislature. U.S. District Judge Michael Shipp, sitting in Trenton, is anticipated to rule whether, in light of a federal appeals court ruling, his injunction last year that stopped New Jersey from establishing and regulating sports gambling still allows it here so long as it isn’t state-regulated.
According to the report, businesses that supply sports betting in New Jersey face the chance of being prosecuted under federal law. Monmouth Park Racetrack, located in Oceanport, is preparing to be the primary gambling facility within the state to provide sports betting once everything mentioned above is more sorted out, the report said.
Read More... [Source: CardPlayer Poker News]
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