Phil Murphy still waiting to sign New Jersey's sports betting bill

11 June, 2018, 23:44 | Author: Suzanne Horton
  • New Jersey governor No timetable to act on sports bets

"You're providing less of an incentive to customers to enter or migrate over from a black market to legal and regulated channels", said Daniel L. Wallach, a lawyer from Florida who has followed New Jersey's sports betting efforts.

New Jersey lawmakers gave final approved Thursday to a bill to legalize sports betting three weeks after winning the right to do so in a U.S. Supreme Court case. It allows betting on all professional sports, but it bans betting on collegiate athletics that take place in New Jersey or on college teams from New Jersey, like Seton Hall or Rutgers.

But that could change by the end of the day on Friday, depending on whether casinos and racetracks are willing to move on their own and ignore the state's Democratic governor, who has given no indication of when he might act on the bill.

The delay comes amid a debate over the state's budget, in which sources told The Star-Ledger the bill could become a bargaining chip. He could offer sports betting on all sports except basketball.

"Sports betting, literally trackside, is a great addition to the excitement that is already being generated during our race weekends", said Mike Tatoian, Dover International Speedway's president and CEO.

The company plans to use the proceeds to strengthen its software engineering resources in order to better serve existing customers in the country. Drazin said it was possible because of a 2014 law the state enacted to get around the federal ban by allowing sports wagering at casinos and tracks without state regulation.

"I think it will increase revenue for the whole state", Belmar resident Phil Cola said. Following the official ruling of SCOTUS, every state now has the chance to make a decision whether to legalize sports betting across its gambling facilities or to retain its current position.


According to a statement released from Governor Phil Murphy's office late on Thursday, it's unlikely that the governor will sign the bill tonight, which would have allowed Monmouth Park to roll out legal sports wagering as early as Friday. "During the Super Bowl or the NACC Tournament, in Las Vegas you can't get a hotel room and Atlantic City is a ghost town". It would benefit the Borgata and three casinos owned by Caesars Entertainment.

Lawmakers are also making a second amendment to the measure - one that would allow the Golden Nugget casino in Atlantic City to allow such wagering.

New Jersey racetrack Monmouth Park says it's ready to begin immediately if the governor signs the legislation.

Fertitta thanked New Jersey for making the change and said he eventually hopes to convince state regulators to let the Golden Nugget take bets on basketball teams other than the Rockets, as Nevada regulators allow. The 1.25 percent add-on fee for tracks would be split among the host community and the county in which the track operates.

The state can also impose a 13 percent tax on internet sports bets, which could begin 30 days after the law goes into effect.

It will do likewise at Tioga Downs Racetrack in NY.

The bills were introduced after the mass high school shooting in Parkland, Florida, that left 17 people dead February 14.

Recommended:



Popular

Kylie Jenner removes all photos of daughter Stormi's face from Instagram
The picture quickly became the most liked Insta photo, so we're not surprised she made a decision to keep that one tbh. Kylie Jenner has shocked fans by deleting all picture featuring her daughter's face from her Instagram feed.

High School Valedictorian's Mic Cut When She Talks About Campus Sexual Assault
Furthermore, it is truly the journey we took to get here that makes the Class of 2018 unlike its predecessors. However, about four minutes into her speech, her microphone was abruptly cut off by school officials.

Net neutrality rollback: FCC chairman Ajit Pai responds to critics
The US has officially repealed rules that governed the way net providers treated the data that travelled across their networks. In a statement at the time, FCC chairman Ajit Pai framed the upcoming repeal as removing burdensome regulations.

US President Trump arrives in Singapore for historic Trump-Kim summit
Tensions between the two countries escalated in 2017 after Pyongyang stepped up efforts to boost its nuclear weapons programme. Kim had arrived hours earlier in a plane loaned by China , which for decades has been North Korea's only major ally.

Senate, cleric body welcome Taliban's ceasefire
An hour after the fatwa was issued, a suicide bomber detonated outside the gathering, killing seven people. A statement released Saturday by the Taliban said that they would defend themselves in case of any attack.

Woman drove with 2 children in pet kennels, arrested
The bystander, who asked to remain anonymous, sent the video to Memphis Police. "It's shocking, it really is", Blake told WATN . Neighbour Skylark Blake told local news source WREG that Cheeks is a "nice lady" adding that he "can't see her doing that".

Valve removes AIDS Simulator, ISIS Simulator and more from Steam
Another $2.99 title, called Suicide Simulator, was marketed with the words: "End your life using a variety of different tools and methods".

Germany’s Mesut Ozil doubtful for World Cup
Having scored the 1-0 in Germany's 2-1 loss to Austria last Friday, Ozil was substituted in the 76th minute with a bruised knee. A disappointed Joachim Low outlines how Germany's error-ridden display against Austria affects their World Cup preparations.

Illegal immigrant pizza worker's deportation temporarily blocked by judge's ruling
A federal judge has temporarily blocked the deportation of a NY pizza shop worker in danger of being sent back to Ecuador. He wrote that recent detentions by Immigrations and Custom Enforcement agents raise significant legal questions.

No Russia G7 Return Without Ukraine 'Progress' - Merkel
Mrs Merkel and the IMF's Christine Lagarde were meanwhile left looking at an empty seat before the late arrival of Mr Trump to a Gender Equality Advisory Council breakfast.