NJ Sports Betting Regulators Discuss The Industry Moving Forward

shocka1212 · 08-20-18, 04:03 PM

Originally posted by USCPHILLYGUY

Interesting read.....especially their thoughts on cracking down on offfshore

https://www.legalsportsreport.com/23...ing-interview/

they really like ruining great things... whats next? going to make foreign pussy illegal ecause they say so? what a scam.

USCPHILLYGUY · 08-20-18, 04:05 PM

Don’t shoot the messenger Shocka

bonzaii · 08-20-18, 04:25 PM

“Coming from a background working in the Attorney General’s office I find it extremely exciting to determine how we can go after the bad boys and put pressure on them.
“We’re never going to eliminate them, but we can put pressure on them to make life a little more frustrating for them as the blatantly operate in the market today.”

I would love to see these "legal sportsbooks" flop and lose most of their customers to another competitor like offshore.

RudyRuetigger · 08-20-18, 04:28 PM

Originally posted by USCPHILLYGUY

Interesting read.....especially their thoughts on cracking down on offfshore

https://www.legalsportsreport.com/23...ing-interview/

wonder who called this

well, me ofcourse

jjgold · 08-20-18, 04:28 PM

They been trying for what 10 years now to crack down and I can’t even dented is bigger than ever

thomorino · 08-20-18, 04:30 PM

State regulators have zero power to regulate interstate commerce, the internet, or offshore websites. They can lobby the Feds to take action - that's it. The federal government really has no interest in stopping offshore gambling right now, what does Trump care about a couple states losing 20-30 million a year in revenue - most States aren't even online yet gambling apps.

mpaschal34 · 08-20-18, 04:32 PM

So glad to live in the land of the Free.

RudyRuetigger · 08-20-18, 04:36 PM

Originally posted by mpaschal34

So glad to live in the land of the Free.

get real bro

ill tell you AGAIN what is going to happen

1. legalization in many states

2. squares move to usa gambling where it is legal, bets have to be honored, bets have to be cashed out, no chance of folding, and did i say where it is LEGAL

3. sharps stay offshore

4. books mainly get sharp action offshore, resulting in many going under

5. your money might be lost

That simple

YOU ARE WELCOME

jjgold · 08-20-18, 04:41 PM

firedawg · 08-20-18, 04:42 PM

JJ might have to get a real job

Lmao

RudyRuetigger · 08-20-18, 04:44 PM

Originally posted by firedawg

JJ might have to get a real job

Lmao

someone will buy out this site so walker does not walk this tightrope with his accounting

im not sure if jj would get any piece of that

thechaoz · 08-20-18, 04:51 PM

Originally posted by jjgold

They been trying for what 10 years now to crack down and I can’t even dented is bigger than ever

This is why crypto is so important

thomorino · 08-20-18, 04:59 PM

Originally posted by thechaoz

This is why crypto is so important

Exactly, they can never pull every website down - the only way to crack down on offshore gambling is too stop the money flow. They can't do that with crypto currencies.

shocka1212 · 08-20-18, 05:26 PM

Originally posted by thomorino

Exactly, they can never pull every website down - the only way to crack down on offshore gambling is too stop the money flow. They can't do that with crypto currencies.

between Moroni hitting 95% in NFL every season and the feds... these off shore books don't stand a chance.

jjgold · 08-20-18, 05:27 PM

Moroni a 43% capper

shocka1212 · 08-20-18, 05:27 PM

klemopixx · 08-20-18, 05:45 PM

Until the juice gets close to Vegas standards, offshore has little to worry about.

jjgold · 08-20-18, 06:13 PM

When all 50 states have it then it will definitely take some business away and most of the small books will be gone but I always think the top big boys will be around forever with pretty good business

thomorino · 08-20-18, 06:21 PM

Originally posted by shocka1212

between Moroni hitting 95% in NFL every season and the feds... these off shore books don't stand a chance.

Originally posted by jjgold

Moroni a 43% capper

Fuk off

Rollins08 · 08-21-18, 07:01 AM

Originally posted by jjgold

They been trying for what 10 years now to crack down and I can’t even dented is bigger than ever

The only difference now is that there’s money to be made by cracking down.

Hman · 08-21-18, 07:07 AM

Originally posted by thomorino

State regulators have zero power to regulate interstate commerce, the internet, or offshore websites. They can lobby the Feds to take action - that's it. The federal government really has no interest in stopping offshore gambling right now, what does Trump care about a couple states losing 20-30 million a year in revenue - most States aren't even online yet gambling apps.

Correct

If they wanted to stop it completely, they could have, and would have, years ago.

Hman · 08-21-18, 07:08 AM

Originally posted by jjgold

When all 50 states have it then it will definitely take some business away and most of the small books will be gone but I always think the top big boys will be around forever with pretty good business

Some states, probably several, will never have it.

Sam Odom · 08-21-18, 07:15 AM

JJ is taking this news very hard

sweep · 08-21-18, 07:21 AM

Originally posted by Hman

Correct

If they wanted to stop it completely, they could have, and would have, years ago.

They had no monetary reason to stop it years ago, now they do with razor thin margins and state to state competition

Hman · 08-21-18, 07:25 AM

Originally posted by sweep

They had no monetary reason to stop it years ago, now they do with razor thin margins and state to state competition

Yes sir you are correct.

But as morino said above, it will take the Feds putting a stop to it, not the states, and so far they've shown no strong interest in it & likely never will no matter if states bring it up because it's already old news.