Big day for New Jersey sports betting

Stakeholders in the potential sports betting market in New Jersey will be watching proceedings with interest as they kick off in the US Supreme Court today.

New Jersey Governor Chris Christie will open oral arguments in opposition of the 1992 Federal Professional and Amateur Sports Protection Act (PASPA) which effectively denies most US States from offering sports betting.

PASPA proponents, college and professional sports leagues, are also expected to present their cases in the form of oral arguments.