Sorry for the copy & paste.
A U.S. appeals court ruled in favor of the four major professional sports leagues and the NCAA on Tuesday, denying New Jersey's quest to legalize sports betting.
The U.S. Third Circuit Court of Appeals in Philadelphia found that New Jersey's most recent attempt to bring Las Vegas-style sports betting to its casinos and horse racing tracks violated the Professional and Amateur Sports Protection Act (PASPA), the 24-year-old federal prohibition on state-sponsored sports betting.
The court battle between New Jersey and the sports leagues has been ongoing for years. In January 2012, New Jersey Gov. Chris Christie signed legislation that authorized the state to offer legal sports betting. The state got as far as posting sports betting regulations on the gaming enforcement's website in the spring of 2012, before the leagues filed suit.