New Jersey state committee signs off on sports betting

The New Jersey State Senate Committee on Government, Wagering, Tourism, and Historic Preservation passed a bill on Monday that would legalize sports betting in the state, according to a report by Poker News Daily.

The measure was easily approved behind a 4-0 vote margin and could produce an intrastate internet gambling avenue in the future.

“Legalized sports betting would raise $100 million in new state revenues and generate $500 million for the casinos and racetracks,” said New Jersey Senate Democrat Raymond Lesniak.

Lesniak’s bill will still require a constitutional amendment in New Jersey, much like the one bequeathed to the state of Delaware. If everything goes according to plan, the sports betting proposal could be put to a public vote in November.

Still to be determined is where bets would be taken and if horse racing would be included under the umbrella. Another obstacle facing the measure is the Professional and Amateur Sports Protection Act (PASPA), which does not allow gambling on NCAA games.

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Posted by nbafan88
3 years ago

this is the one thing separating atlantic city and Las vegas IMO other than hookers and hispanic handing out flyers for hookers on every corner I hope it happens but it has to FULL OUT WAGERING.. no stupid garbage like in delaware.
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Posted by scalabrine
3 years ago

"will be put to public vote" Ugh...this is the ONE time I want to the politicians to strong-arm a bill and get approval WITHOUT our opinion....now the 'moral majority' of New Jersey will get on their high horse and proclaim this is something they must vote against to maintain the integrity and moral certitude of this 'wonderful state' or else: 1) father's will gamble away children's college funds 2) senior citizens will gamble away their pension checks 3) families will go hungry for a week because the Kings and Tyreke Evans backdoored the Spurs -4 What poppycock! I'd be proud to make every bet legally with upstanding venues and online with competition driving the juice to it's lowest levels possible. The state coffers benefit, the betting public can come out the shadows of the palm trees of Antigua, and Atlantic City can actually provide job and revitalize its surrounding community, instead of walking into a ghetto literally TWO BLOCKS away from a Casino (Make that one block...I dare anyone to feel comfortable walking one block away from the Taj Mahal with $800 in their pocket). It is a travesty and 33 years later, AC should start fulfilling the promises it made to its citizens 33 years ago.
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Posted by Goggles-Pisano
3 years ago

If NJ goes about this the right way it could be a windfall (thou I doubt they can). Think about it. I believe the only venues who can open a Sportsbook is a casino or racetrack. If ALL types of bets are allowed and NJ opens some Sportsbook Rooms during an open Race Card, it could be a beautiful thing. Especially on a Football Monday/Thursday Night or Sunday. You ever been to the Meadowlands? The place is huge!. In it's heyday over 20,000 people crammed the place for a weekend Harness Card. Take some of the areas and make extravigant Sportsbook Rooms, open some nice resturants and take some of the revenue to prop up the Horse betting (yeah, the horse thing is a stretch). And by the way, put Slots at the Meadowlands to give the ladies who don't bet sports something to do. OK, I;m a dreamer. Goggles
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Posted by tep
3 years ago

First never is a mighty long time. Second NJ had these plans in motion before DE started their venture. Last point with now about 4-5 states moving forward and challenging the federal law and the leagues something will give. When states are saying that sports betting will generate close to half BILLION dollars in each state the federal government will have to take more notice. The leagues with all the money they have will have a hard time fighting every state about gambling. They have their own problems mounting. All they want is a cut. Money makes the world go round.
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Posted by champ222
3 years ago

Dumb behind AC. Now they wanna get involved since Deleware made a power move. I hope it works out, but I doubt that it will.
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Posted by Slobbasaurus
3 years ago

Ha!!! Will never happen. Loving this snow right now!!!!
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Sports Betting Headlines »

Featured Free Play
MLB: Philadelphia vs. Miami
Pick:
Philadelphia
Start:
May 20, 2013 - 7:10 PM
Capper:
Will Rogers
Offered at:
5dimes @ -182 Philadelphia
Analysis:

It doesn't take much to want to play against the Miami Marlins, and with Cole Hamels starting Monday, the Phillies look like an easy winner. The fact that the Fish are off a rare win Sunday makes things even more enticing as there have been only two instances all season that they have been on a win streak. 

Here are my keys to the game:

1. Hamels - How has he lost to the Marlins, not once, but twice this season? Miami has only 12 wins all year! Hamels has certainly been a hard luck loser both starts as he's allowed just three runs in 14 innings. That's been the story of his career vs. Miami as Hamels career ERA vs. this division rival is 3.24, yet his TSR is 10-16 in 26 starts. Look for that to change here. It's incredible that Hamels has only one win in eight starts. Miami is averaging a pathetic 1.4 runs per game this season vs. left-handers!

2.  Marlins' Woes - There are many to report.  Before yesterday's 2-1 win over Arizona, the team had lost seven straight and 10 of its last 11. They'd been shut out four times during that span and held to three runs or less in every loss.  Offensively, this team is beyond abysmal, averaging only 2.7 runs per game while batting .221.  They are just 6-16 at home and 3-12 vs. lefties. What a horrible team.

3. X-Factor - Marlins starter Alex Sanabia is 0-3 with a 5.28 ERA his last three starts. He's allowed four runs in all of those starts while failing to go more than six innings.

Selection:  The play is on the Philadelphia Phillies (1*)
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