BREAKING NEWS, NJ's Lesniak: "Christie signed my sports betting legislation..."

[SBR Natalie]

New Jersey State Senator Raymond Lesniak took to Twitter this afternoon to break the news that NJ Governor Chris Christie has signed his sports betting legislation bill. Assembly Bill 3711 empowers NJ to proceed with its multi-year plan of having sports wagers accepted at licensed casinos and racetracks in the Garden State. | Sportsbook Review report


<blockquote class="twitter-tweet" lang="en"><p>Christie signed my sports betting legislation see you at Monmouth Racetrack Oct 26</p>&mdash; Senator Ray Lesniak (@SenatorLesniak) <a href="https://twitter.com/SenatorLesniak/status/523201698131869697">October 17, 2014</a></blockquote>
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[jjgold]

does not mean anything

lots of red tape left

[Jeffie]

does not mean anything

lots of red tape left

he wouldn't have signed it if it meant nothing pal.

[jjgold]

he wouldn't have signed it if it meant nothing pal.

I still think you guys do not get it, even if Monmouth Park offers it for a while before the lawsuits start its in a rural area of the state no where near any major city and a hard traffic riddled road to get into the place

It has to be offered at NJ Meadowlands and ever other major City in NJ or it will be a dead product

Good luck

[existential]

jj make a video from monmouth next sunday showing your chiefs ticket

[klemopixx]

The big question is if one of the casinos in Atlantic City jumps in on this! The first one in is gonna get a ton of action, even if it is just for a few weeks before the Feds shut it all down. Everyone except Borgata shut down its horsetrack betting, so they all have room for it. Should be interesting...

[mikejamm]

Real Breaking News!! Sbr Natalie is smok'in hot! So a... hey Natalie what are you dressing up as for Halloween?

[hurricane1091]

Wonder how this will affect me with my offshore bets.

[SBR Natalie]

Wonder how this will affect me with my offshore bets.

Do you live in New Jersey?

[mikejamm]

Wonder how this will affect me with my offshore bets.

Yeah, what the fuk difference does that make unless you live there? Now NJ decides to sign legislation after several casinos have already closed and thousands have lost their jobs. A little too late if you ask me. Doesn't surprise me, those corrupt political fuks are now try'in to save their asses in light of all the damn underhanded scheming that goes on in the shit hole called NJ.

[bobbywaves]

I live in Jersey & will take full advantage of this...MikeSpamm's jealousy is quite evident.

[SamDiamond]

Yeah, what the fuk difference does that make unless you live there? Now NJ decides to sign legislation after several casinos have already closed and thousands have lost their jobs. A little too late if you ask me. Doesn't surprise me, those corrupt political fuks are now try'in to save their asses in light of all the damn underhanded scheming that goes on in the shit hole called NJ.

I think you're missing the point.

If Jersey gets this up and running, states will fall over themselves to do the same thing.

California would be next. And I wouldn't be surprised to Pennsylvania, Maryland, Connecticut... all lining up.

That's when off-shores become irrelevant.

And Gold can talk all about "pros in vegas have off shore outs"--- well guess what? 99.44% of the posters here are not pros, they recreational gamblers who will line up to bet state side.

[SamDiamond]

does not mean anything

lots of red tape left

What happened to your prediction that it would never happen?

[BigDaddy777]

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[Monitor-Tan]

Nobody even goes to Vegas to gamble anymore, unless you're not from the west coast, most of the people on the west coast only goes to Vegas for clubs and etc.

[konck]

I still think you guys do not get it, even if Monmouth Park offers it for a while before the lawsuits start its in a rural area of the state no where near any major city and a hard traffic riddled road to get into the place

It has to be offered at NJ Meadowlands and ever other major City in NJ or it will be a dead product

Good luck

More than likely they will run an online addition like Vegas casino's do of course you would still have to be an NJ resident

[pinnerpsk]

In all likeliehood the major sports leagues, especially the NCAA will file a preliminary injuction within a day or two. As JJGold said there's lots of red tape ahead.

[sports_quant99]

In all likeliehood the major sports leagues, especially the NCAA will file a preliminary injuction within a day or two. As JJGold said there's lots of red tape ahead.

Not likely. An injunction is a 30 minute hearing, and the judge will decline it right there. There is no law under which the leagues can sue. The judge in the Fed case last year said it was legal for NJ to repeal its sports betting laws.

[scumbag]

3 times the size of the vegas market, potentially, from what I hear. They'll be swimming in so much square action they'll be shading Giants/Jets a field goal.

[kmarinouofm]

I think you're missing the point.

If Jersey gets this up and running, states will fall over themselves to do the same thing.

California would be next. And I wouldn't be surprised to Pennsylvania, Maryland, Connecticut... all lining up.

That's when off-shores become irrelevant.

And Gold can talk all about "pros in vegas have off shore outs"--- well guess what? 99.44% of the posters here are not pros, they recreational gamblers who will line up to bet state side.

sammy hit the nail on the head... look at pot in this country.. that took about 10 years to gain the ground that it did.

Sports betting won't have the same issue

[jjgold]

How come though no operator wants to take a Chance but Monmouth Park?

[Optional]

How come though no operator wants to take a Chance but Monmouth Park?

Someone guaranteed to front them the legal fees for a test case possibly?

[existential]

The big question is if one of the casinos in Atlantic City jumps in on this! The first one in is gonna get a ton of action, even if it is just for a few weeks before the Feds shut it all down. Everyone except Borgata shut down its horsetrack betting, so they all have room for it. Should be interesting...

Feds can't and won't shut it down, stop being stupid.

[JMobile]

This thread has no meaning to anything of my interest.














Natalie, please post pics. Will share some betpoints with you.

[Monitor-Tan]

How come though no operator wants to take a Chance but Monmouth Park?

Because most casinos in NJ also have casino in Vegas and other casinos in the US and they are afraid they might lose their gaming license for this at their Nevada and other State properties.

[klemopixx]

True the Feds have no reason to stop this, its more likely the sports leagues that will take legal action to stop sports betting. One of the biggest stipulations being no wagering on events played in the state of NJ.

[LVHerbie]

Just spent a couple weeks in AC and the place is shit hole that gets worse and worse each trip. Good to see them continue to try to save the sinking ship and hopefully it leads to changes elsewhere in the United States but I still think sports betting is going to turn out insignificant just like online casinos and poker has proving to be there so far in comparison to the scale of their problems.

[Natty68]

Domino effect.........Conn says if this goes thru they will move VERY quickly to get books up and running in Foxwoods and Mohegan. Can a bankrupt, cash starved Cali be far behind?

[stevenash]

Domino effect.........Conn says if this goes thru they will move VERY quickly to get books up and running in Foxwoods and Mohegan. Can a bankrupt, cash starved Cali be far behind?

I'm an hour away from Mohegan Sun in Ct and they are ready to roll, Mohegan Sun is just waiting for the word. They are the best casino bar none outside of Vegas, and run and managed by the best too.

Saved Resorts ass in AC

[floridagolfer]

We'll see how this plays out.

If it actually gets up and running, it'll help Atlantic City and they'll need a location closer to take advantage of all the New York money that'll pour in. This could be a great success, but we've been down this road before and we have to see what legal action the professional leagues take.

[jjgold]

Listening to a show last night

NJ 9 million People
Las Vegas 2 Million

Vegas casino exec was on radio and said sports betting not even on their radar as far as profit and can care less if NJ gets it

Interesting

[floridagolfer]

Listening to a show last night

NJ 9 million People
Las Vegas 2 Million

Vegas casino exec was on radio and said sports betting not even on their radar as far as profit and can care less if NJ gets it

Interesting

Las Vegas doesn't care how this impacts $3 billion in sports wagers it accepts every year? Hmmm, OK.

[SamDiamond]

Listening to a show last night

NJ 9 million People
Las Vegas 2 Million

Vegas casino exec was on radio and said sports betting not even on their radar as far as profit and can care less if NJ gets it

Interesting

Whoever is posting under the Goldie handle these days about NJ Sports betting...is trying REALLY hard to diminish this.

For someone who says this doesn't matter--- "Gold" sure does post about it.

[TheGuesser]

I still think you guys do not get it, even if Monmouth Park offers it for a while before the lawsuits start its in a rural area of the state no where near any major city and a hard traffic riddled road to get into the place

It has to be offered at NJ Meadowlands and ever other major City in NJ or it will be a dead product

Good luck

Monmouth is just a lab experiment. If they can pull it off without being closed down by the Leagues, the Homerun for Jersey will be The Meadowlands. The Homerun for William Hill will be online in Jersey and throughout the US, and like others have said, Jersey will just be the start of the dominoes falling for other states. I suspect the NFL especially will try and fight this tooth and nail because if it gets off the ground legally at Monmouth, the NFL won't have a legal leg to stand on elsewhere.

[jjgold]

Good theory

Of course the draw to NJ/NY is massive wealth here

A place like Nevada is poor compared to the East