1. 01-10-12 11:21 AM #1
    jjgold
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    NJ Closer To Getting Sports Betting

    Another step was made in the process to make sports gambling at Atlantic City casinos and New Jersey racetracks legal.

    The New Jersey Senate voted 35-2 in support of the bill on Monday after a ballot question during the November election was approved by a 2-1 margin.

    Ray Lesniak, the bill’s sponsor, anticipates the Attorney General to address the bill within the next few weeks and a decision to made “within six months.”

    “Today’s legislative action represents the latest step in ensuring that the will of the people of New Jersey is expressed, and that we’re not going to sit back while Las Vegas and other gaming jurisdictions get all the benefits of an unfair and arbitrary ban on sports betting,” said Senator Lesniak, D-Union.

    “This bill would correct a decades old mistake, and would allow New Jersey to begin implementing sports wagering operations which would create new jobs, incentivize new economic activity in a recovering gaming sector, and create new tax revenues for the State.”

    The bill cites that bettors will have to be 21 years of age and games involving New Jersey college teams or any game played in New Jersey will be off limits for bettors.
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  2. 01-10-12 11:21 AM #2
    jjgold
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    NJ needs money

    Now I am starting to think this will pass
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  3. 01-10-12 11:24 AM #3
    PAULYPOKER
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    If it does I'm moving to jersey..............
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  4. 01-10-12 11:36 AM #4
    sweep
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    Lets keep our fingers crossed. Even if this bill passes the state assembly NJ will still have to launch a war in federal court to overturn the federal ban on sports betting in all but the four states that already have it.
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  5. 01-10-12 11:40 AM #5
    Inkwell77
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    Get it NJ!
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  6. 01-10-12 11:53 AM #6
    Deuce
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    Detroit should take note and do this as well.
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  7. 01-10-12 11:57 AM #7
    LotsoCheese
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    When is California going to smart up and do this? All the Indian Casinos are raking in the dough.
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  8. 01-10-12 12:14 PM #8
    WvGambler
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    Let's go Wv. Let's get it moving too.
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  9. 01-10-12 01:02 PM #9
    CarpeDime
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    Quote Originally Posted by sweep View Post
    Lets keep our fingers crossed. Even if this bill passes the state assembly NJ will still have to launch a war in federal court to overturn the federal ban on sports betting in all but the four states that already have it.

    In the interview we did yesterday with I. Nelson Rose, he said there are 9 states that allow forms of sports betting
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  10. 01-10-12 01:12 PM #10
    jjgold
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    I will be in sportsbook every Fukkin day and night picking up Fukkin broads


    I am changing my tune about this bill
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  11. 01-10-12 01:19 PM #11
    Sdotbold
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    So we wouldn't be able to bet on a giants game because it is played in NJ? Or is the ban only for college games? Is the ban just for college team from NJ or pro teams also? Not sure how to interprate that last part
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  12. 01-10-12 01:26 PM #12
    darkhat
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    I would no longer have a reason to fly to vegas!
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  13. 01-10-12 01:33 PM #13
    Louisvillekid1
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    I would literally live in ac, oh wait I already do....

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  14. 01-10-12 01:37 PM #14
    MartinBlank
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    My god, what a boon to AC this would be.

    AC would explode---it would take back the lost gate from neighboring states overnight.
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  15. 01-10-12 01:46 PM #15
    DiggityDaggityDo
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    Quote Originally Posted by LotsoCheese View Post
    When is California going to smart up and do this? All the Indian Casinos are raking in the dough.
    Las Vegas will no allow this.
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  16. 01-10-12 01:50 PM #16
    BrianLaverty
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    I'm pretty sure if New Jersey gets this overturned.... most states will follow.
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  17. 01-10-12 01:52 PM #17
    konck
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    USA is starting to realize the gaming online money could save a lot of things like SS
    it was just a matter of someone not fearing being shot by the underworld who uses
    online gaming to make billions while stealing most of it.
    Bout time
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  18. 01-10-12 01:56 PM #18
    konck
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    Poker is also making a big move thanks to Obama
    I hope the make it legal in the US and let good
    companies run it...I know MGM is ready they are
    very invested waiting for this day I bought the
    MGM stock the day the news came out it was 9.50
    its over 11 if they get one of the first contracts and
    I think they will look for the 11 to go right to 30 40 or 50
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  19. 01-10-12 01:56 PM #19
    konck
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    Man online gaming policed by a gaming commission how sweet is that
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  20. 01-10-12 01:59 PM #20
    Darkside Magick
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    noting going to happen ....DREAMS
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  21. 01-10-12 01:59 PM #21
    BIGDAY
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    Good news for us.
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  22. 01-10-12 02:18 PM #22
    jjgold
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    Follow Euro and Aussie models and business would be booming
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  23. 01-10-12 02:21 PM #23
    Br0nxer
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    still betting offshore

    im not driving an hour to AC

    only scenario where i would even consider it would be to place a large bet

    the lines they post might be shit -120 on everything
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  24. 01-10-12 02:23 PM #24
    jjgold
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    Quote Originally Posted by Br0nxer View Post
    still betting offshore

    im not driving an hour to AC

    only scenario where i would even consider it would be to place a large bet

    the lines they post might be shit -120 on everything
    Monmouth Park might have it also

    Not sure

    If so you wlll live their and sleep in the fukkin parking lot every fukkin night waiting for place to open
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  25. 01-10-12 02:27 PM #25
    robmpink
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    New jersey and you perfect together!
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  26. 01-10-12 02:27 PM #26
    Br0nxer
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    Quote Originally Posted by jjgold View Post
    Monmouth Park might have it also

    Not sure

    If so you wlll live their and sleep in the fukkin parking lot every fukkin night waiting for place to open
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  27. 01-10-12 02:28 PM #27
    Jaug
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    Going to be a lot of juice with the taxes.
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  28. 01-10-12 02:29 PM #28
    Deuce
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    Quote Originally Posted by Br0nxer View Post
    Just fukkin take the truck home pal, put a fukkin mattress back there, bring some sausage and peppers, take a snooze, wake up and pound the fukk out of skulls and lines.
    Points Awarded:

    Br0nxer gave Deuce 26 SBR Point(s) for this post.
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  29. 01-10-12 02:37 PM #29
    Br0nxer
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    Quote Originally Posted by Deuce View Post
    Just fukkin take the truck home pal, put a fukkin mattress back there, bring some sausage and peppers, take a snooze, wake up and pound the fukk out of skulls and lines.
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  30. 01-10-12 02:38 PM #30
    Br0nxer
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    Quote Originally Posted by Jaug View Post
    Going to be a lot of juice with the taxes.


    bingo. every line will be -130
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  31. 01-10-12 03:09 PM #31
    gregm
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    Quote Originally Posted by jjgold View Post
    Monmouth Park might have it also

    Not sure

    If so you wlll live their and sleep in the fukkin parking lot every fukkin night waiting for place to open
    Why. If it is because people dont trust having large amount of money in offshore that might be one thing but Atlantic City is really dull compared to vegas for most people, most people rarely leave their hotel and casino.

    You would really need some big investment into Atlantic city before it will turn around. I hope this happens and it would be great but from what I have read I dont think sports gambling alone will really transform Atlantic city, sportsbooks in vegas are not exactly what keeps vegas alight, they are little more than 1 percent of the casinos yearly revenue compared to the pits and shows and clubs.

    They are like ghost towns except on major sporting events. They had a great article this year on william hills growing influence and the small influence sports gambling has traditioanlly had in vegas. http://www.lasvegassun.com/news/2011...betting-style/
    Most sportsbooks dont even have drink tickets anymore. Adding sports gambling isnt going to change Atlantic City, you need a major overhaul of the city and the gambling areas.

    I hope this passes and New Jersey is smart to have this on the table and kudos to Lesniak. At the very least , I hope we can get some nicer places to watch horse racing from all this.
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