New Jersey sports betting bill advances

The New Jersey Assembly’s Tourism and Gaming committee have unanimously approved Bill A-3711, proposed legislation that will repeal a ban on sports betting in the State.

In August Governor Chris Christie surprised many by issuing a directive allowing New Jersey sports betting without fear of prosecution (see previous report).  The Bill is designed to reinstate the State’s legal argument and support Christie’s directive.

Bill A-3711 is sponsored by Assembly Democrats John Burzichelli (D-Cumberland/Gloucester/Salem), Ralph Caputo (D-Essex), Vincent Mazzeo (D-Atlantic) and Raj Mukherji (D-Hudson).

“The gaming industry in New Jersey is struggling. Allowing sports betting in our casinos and racetracks can give the industry a much needed boost,” said Chairman of the Assembly Tourism and Gaming committee, Ralph Caputo.

“The third circuit court made it clear there was nothing in New Jersey law preventing the state from repealing its sports wagering ban. Lifting the ban helps us clear yet another hurdle in the ongoing battle to finally bring sports betting to the state.”

“Atlantic City is at a crossroads. Several casinos have folded and thousands of people have lost their jobs. Doing nothing and hoping things get better is not an option,” Mazzeo weighed in. “We know the impact that neighboring competition has had on the state’s gaming industry. It is time for solutions. Sports betting may not be a fix-all, but it can certainly help the casinos still fighting the good fight.”

In related news, U.S. District Court Judge Michael Shipp has granted an extension, for preparation of oral arguments in the sports betting case, to October 31, 2014.

Christie has requested Shipp clarify a Third Court Ruling that affirms the sports betting ban, a request that is opposed by the major sports leagues (see previous reports).

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