so bad they would give up the revenue they generate on New Year's Eve.
Maybe not all of it, but it is important to them going into 2013.
Sports Betting is able to give New Jersey a competitive advantage over
every gaming jurisdiction on the east coast. They would be able to offer
everything that Nevada presently has. It would allow New Jersey and
Atlantic City in particular, to become a destination oppose to a day trip
environment.
The Meadowlands and other racetracks will also be able to accept wagers
on NFL,NBA, NHL, and major league baseball. Although the hold percentage on Sports Betting is not extremely high the handle is tremendous. The interest would spill over in the other gaming offerings
and non gaming amenities.
The sports leagues have aligned to file an injunction against the initiation
of sports wagering. They cite the integrity of the game as one of the reasons.
Not a strong argument when other states have the capability to accept bets.
The NBA,NFL and NHL are all positioning themselves as global organizations. Sports Betting is conducted thru out the world. Why not
New Jersey? If it were up to me, I would allow betting on the professional
leagues and ban wagering on the collegiate level. A judge will give a ruling sometime this month. Stay tuned!
Sustaining competitive advantages is vital for successful companies. AC needs to create and maintain Sports Betting!
ReplyDeleteThis would bring revenue back to the shore. They were hurting before Sandy. Now things are getting worse.
DeleteGreat thoughts and ideas are what the readers are looking for, good thing you have it here on your blog, keep up the good work! :)
ReplyDelete__________________
Miles | Asian Handicap Sportsbook