I was at work when I got the news. Sports Betting is going to start in New Jersey within 45 days. The Supreme Court may have something to say about this. For now, Governor Christie is looking at a interpretation from a appellate court that would allow sports betting without actual sanctions from the state. Wagers would take place at racetracks and casinos. No bets can be placed on contest involving college teams playing in New Jersey or in state college teams anywhere. All bets must be made in person.
The timing is perfect because of the closings of several casinos this year in Atlantic City. Something must be done to generate interest in New Jersey. Sports Betting can do that. Now additional weeks of full rooms and restaurants. Long weekends starting with Thursday Night Football and ending with Monday Night Football. March Madness with collegiate basketball for 3 consecutive weeks. The revenue from sports betting would create a ripple effect on the current offering of casino entertainment and pari-mutuel wagering.
The professional leagues have not issued a comment on this pending development. The NBA and Commissioner Adam Silver did give insight about the possibility of betting on games. — given Silver's comments last week at the Bloomberg Business Summit in New York.
"It's inevitable that if all these states are broke that there will be legalized sports betting in more states than Nevada and we will ultimately participate in that," Silver said. "If you have gentleman's bet or a small wager on any kind of sports contest, it makes you that much more engaged in it. That's where we're going to see it pay dividends. If people are watching a game and clicking to bet on their smart phones, which is what people are doing in the United Kingdom right now, then it's much more likely you're going to stay tuned for a long time."
In Nevada, you can presently wager on any professional sport on your phone if you have an account with a casino. One of the prominent sports betting sites is William Hill.
You must be within the state to do so. Just another extension of online gaming thru mobile device. New Jersey is coming to the new millennium. Are you?
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