Sports Betting – New Jersey moves to legalize sports betting
Sports betting has been around for ages. Whether it has been legally represented, or done under the table, it still happens quite frequently.
Just recently, New Jersey state senators have jumped on the bandwagon to fight sports betting laws in their state. Steven Sweeney, who is the chairman of the state senate, has been allowed a spot in a lawsuit that proposes to ban sports betting in New Jersey.
This comes after other lawsuits that have had a similar effect.
In March of last year, Senator Ray Lesniak filed a suit to dispute a ban sports betting in all states other than Nevada, Montana, Delaware, and Oregon. This action has been in place for the last 18 years. Senator Lesniak allowed to have Sweeney participate and even asked another speaker to come and join in on the lawsuit.
Legalized sports betting can offer a lot of extra revenue for states if it is done right. Delaware, for instance, projects to raise revenue of almost $55 million from legalized betting this year. Because of this, states are fighting for the rights of their residents to uphold or fix state laws.
Lesniak and Sweeney are hoping to handle the matter without the help of the attorney general. New Jersey’s governor has even offered support for the cause of legalized sports betting but is waiting on more information on the state’s current gaming industry.
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