Lesniak to introduce new sports betting bill on Monday Sep 15th

**jjgold** · 09-12-14, 06:55 AM

Monmouth Park is sure not going to Rake in much money because of the location

Am I going to drive to our round-trip to make $50 wagers???

The gas will cost $15

If these places aren't smack in major cities you're not going to see a lot of revenue

The bigger bettor will go occasionally because it's worth it

**indio** · 09-12-14, 12:48 PM

Originally posted by sports_quant99

Lesniak to introduce new sports betting bill on Monday Sept 15th that makes the NJ legal position more airtight. http://www.politickernj.com/80881/le...ng-bill-monday

NJ Senator To Introduce Sports Betting Bill To Ensure Viability

http://www.4flush.com/sports-betting/nj-senator-to-introduce-sports-betting-bill-to-ensure-viability/17711

After New Jersey Governor Chris Christie announced that sports betting is now a go in the state, Senator Ray Lesniak has now announced he will be introducing new legislation in regards to sports betting. The New Jersey State Senator wants to ensure that any language of current legislation that could prohibit the state from offering

Lesniak is also speculating that the leagues asked Monmouth to wait 45 days so that they could get a licensing deal in place:

http://linemakers.sportingnews.com/sport/2014-09-10/new-jersey-sports-betting-law-news-adam-silver-ray-lesniak-monmouth-park

This could open the floodgates folks!!!! Fingers crossed!

Open the floodgates to what? High margins and limiting at racetracks and casino's in New Jersey? Who cares. The only ones dumb enough to think sports betting at Monmouth has one iota of relevance are the same dumb ones already at the track blowing their government checks trying to beat 25% holds and breakage.

**sports_quant99** · 09-12-14, 03:16 PM

Originally posted by indio

Open the floodgates to what? High margins and limiting at racetracks and casino's in New Jersey? Who cares. The only ones dumb enough to think sports betting at Monmouth has one iota of relevance are the same dumb ones already at the track blowing their government checks trying to beat 25% holds and breakage.

You sound bitter and angry. You're missing the big picture. i.e. legalization of sports betting spreading to other states, no Fed permission needed.
Very good stuff!

**Legions36** · 09-12-14, 04:33 PM

Anyone know if the racetrack by the meadowlands is capable of taking bets like monmouth?

**indio** · 09-12-14, 08:18 PM

Originally posted by sports_quant99

You sound bitter and angry. You're missing the big picture. i.e. legalization of sports betting spreading to other states, no Fed permission needed.
Very good stuff!

Umm, no, YOUR missing the big picture. People can already bet on sports, and nobody needs "Fed permission" for anything. Allowing racetracks to take wagers on sports is about as irrelevant as could be when it comes to the real issues regarding financial and market freedoms, which you obviously don't have the faculties to even begin to comprehend. So let's say hypothetically states began authorizing racetracks and casino's or like Delaware, state lotteries to take sports bets.They will be as useless as Vegas is for sports betting now, just another way to take advantage of squares, and to make it harder for more skilled gamblers, who will still be using offshore books, locals, and credit shops to place wagers, but will probably see even more scrutiny as the monopolies and the governments try to eliminate superior competition.