Sports Betting

The Supreme Court ruling that allows all states to have legalized sports betting could help Atlantic City casinos generate additional revenue.

Public finance attorney David Fernandez says sports wagering gives Atlantic City a new opportunity to draw tourists, but it might benefit casino companies more than the city because sports gambling could be made available online. 

“It may not be the boom that they think it’s going to be if the online gambling takes off and becomes an alternative that folks might want to do instead.”

Legalized sports betting is coming to New Jersey.

The U-S Supreme Court has ruled in New Jersey's favor, striking down a 1992 federal law restricting sports wagering to Nevada and three other states.

Former state Senator Ray Lesniak has been fighting for years to legalize sports betting in New Jersey and he's thrilled with the court’s decision.

As New Jersey awaits a ruling from the United States Supreme Court on whether sports betting will be allowed in the state, a bill introduced in the legislature would set some regulations for that wagering.

Assemblyman John Burzichelli says the bill has some rudimentary points on the operation and licensing of sports wagering activities and will be expanded depending on what the Supreme Court decides.

New Jersey’s legal battle to permit sports betting at racetracks and casinos will be heard by the U.S. Supreme Court on Monday.  Governor Chris Christie says he’ll be in the courtroom to hear the arguments.

Christie says it’s a states’ rights issue.

The U.S. Supreme Court will hear legal arguments next month in New Jersey's quest for legalized sports betting.

Advocates are optimistic the state will win its case.

Lobbyist Bill Pascrell the Third believes the state's chances of success are better than ever.

Congressman Frank Pallone is also confident, but as a backup he's working on a measure that would allow all states to legalize sports betting and online gaming.

Congressman Frank LoBiondo
Phil Gregory

Two New Jersey Congressmen are re-introducing bills to legalize sports betting.

Legal challenges by sports leagues have blocked New Jersey from permitting sports wagering.

Congressman Frank LoBiondo says the Supreme Court will soon decide whether to consider the state’s appeal.

“So I think it’s important that the new nominee is confirmed so that if the high court decides that they will consider New Jersey’s case, that is the fastest route to us being able to get to what we want. Otherwise we’ve got to go through the legislative route.”