Legal News

New Jersey’s Discussion Over Sports Betting Continues
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

sports betting

Summary: Many states have struggled with allowing sports betting to be legal but the chances of large revenues are tempting.

The United States Court of Appeals for the Third Circuit continued their discussion about whether New Jersey will make betting on sports legal. The panel of 12 judges met to hear arguments over the state’s plan to allow sports books in its casinos and racetracks.

  
What
Where


New Jersey’s Betting Law Strikes Out

Nevada, where sports betting is legal, is a perfect example of the potential for revenue. They brought in $4.2 billion. This number is in comparison to the over $400 billion that is bet each year by bookies, many of which are controlled by organized crime or offshore betting operations.

Wanna Bet Who’ll Win? U.S. Government Joins Lawsuit against Sports Betting in NJ

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




New Jersey, like many other states, would like the opportunity to capitalize on the millions of revenue that could be gained by allowing residents to book on their sports teams. The Professional and Amateur Sports Protection Act (Papsa) oppose any state from allowing the authorizing, sponsoring, operating, or licensing of sports betting. Pennsylvania has asked Congress to repeal Papsa. Other states are waiting to make their move depending on what Congress does.

Christie Betting on Supreme Court to Save Sports Betting Law



New Jersey Gov. Chris Christie signed a sports betting bill into law in January 2012. They have been fighting against national sports organizations ever since. Two former United States solicitors general are leading the arguments. Theodore B. Olson is arguing on behalf of New Jersey while Paul Clement is representing the N.C.A.A., N.F.L., and other sports leagues.

Source: http://www.nytimes.com/2016/02/18/sports/new-jerseys-fight-to-legalize-sports-betting-continues.html?_r=0

Photo: complex.com



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Employment Litigation Attorney with 5+ years of experience

USA-CA-Los Angeles

Los Angeles office is seeking a labor and employment litigation attorney with 5+ years of experience...

Apply Now

Attorney with 7-10 years of business litigation experience

USA-CA-Century City

Small to mid-size Century City law firm is seeking an attorney with 7 - 10 years of business litigat...

Apply Now

Capital Markets Staff Attorney with 6+ years of experience

USA-NY-New York City

New York City office is seeking a capital markets staff attorney with 6+ years of experience. Candid...

Apply Now

Trusts and Estates/Tax Attorney with 3+ years of experience

USA-NV-Las Vegas

Las Vegas office of our client seeks trusts and estates/tax attorney with 3+ years of experience. Th...

Apply Now

RELEVANT JOBS

Eminent Domain Associate (3-5 years of experience) – Los Angeles or San Diego

USA-CA-Los Angeles

Meyers Nave is currently recruiting an intelligent, hard-working and self-motivated associ...

Apply now

Legal Resume / Cover Letter Writer

USA-UT-Salt Lake City

We are looking for a reliable freelance writer that can write high quality resumes and cover letters...

Apply now

Legal Resume / Cover Letter Writer

USA-FL-Tampa

We are looking for a reliable freelance writer that can write high quality resumes and cover letters...

Apply now

Counsel-Tax Credits

USA-IL-Chicago

Position Overview: Performs tax credit investment legal work. An attorney holding the position of Co...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top