New Sports Betting Bill Introduced in America

Casino Watch Focus has reported on the many ongoing efforts to see sports gambling expanded in the U.S. The most recent string of events has been the New Jersey legislators and Governor fighting an ongoing battle to bring sports gambling to their state. Federal Law basically prevents sports betting with the exception of a few locations that were grandfathered, namely Las Vegas. All attempts to subvert the law by New Jersey have failed, so now their approach is to move beyond individual state efforts by looking to a Federal solutions. As the discussions of sports betting continues to grow among the major sports leagues such as the NFL, NBA and MLB, New Jersey believes they are in a better position for a broad sweeping Federal gambling expansion effort. An online source explains:

“With casinos in Atlantic City closing at an alarming rate and gambling revenue in decline for a number of years New Jersey Representatives Frank LoBiondo and Frank Pallone have introduced new legislation to legalize sports betting in New Jersey and eventually across the nation.

Pallone’s proposed legislation would exempt the state from the federal prohibition on sports betting. LoBiondo’s law would introduce a four-year opportunity window which would allow every US state to introduce legislation for professional and amateur sports betting.”

Time will tell if these new efforts prove fruitful, but the fact that the major sports leagues are increasing their level of dialog on the subject, is not a good sign for those hoping to limit the impact of gambling in their jurisdictions.

 

For more information on the dangers of gambling, please visit CASINO WATCH & CASINO WATCH FOUNDATION

Advertisements

Comments are disabled.

%d bloggers like this: