Saturday, July 31st, 2010

Corzine says no sports betting in NJ is unconstitutional

July 11, 2009 by admin  
Filed under Delaware Sports Betting News

I absolutely love that ESPN and other major news organizations are all over this story. It is amazing to me when all seems to be well and good in the USA, everyone hates gambling. As soon as we hit hard time, every state is looking for a way to make cash and they know sports betting is a sure bet.

Shortly after Markell (Delaware Governor) announced his plans in March, Lesniak filed his lawsuit against the U.S. Department of Justice, claiming that the betting ban violated his state’s rights to raise revenue and regulate activity within its borders. New Jersey, once the east coast’s gambling Mecca because of Atlantic City, has been challenged from all sides the past two decades. Nearly every state along the packed eastern seaboard now has some kind of gaming — from slot machines at racetracks to land-based casinos. With neighboring Delaware expanding into sports betting, Lesniak, and now Corzine, believe there is one less reason for tourists and gamblers to visit Atlantic City.

Both Lesniak and Corzine think the state could earn an extra $100 million from sports betting revenue.

“New Jersey is getting the raw end of this deal,” Lesniak told ESPN The Magazine after he filed the lawsuit.

The move comes in the midst of an unprecedented run of support for legalizing gaming of all forms. In recent weeks, U.S. Rep. Barney Frank’s bill to regulate and tax Internet gambling, specifically poker, has gained more than 30 co-sponsors. It is expected to be debated in the Finance Committee, which Frank chairs, sometime in mid-July.

That’s around the same time the Department of Justice is expected to issue its response to Lesniak and Corzine’s lawsuit.

Read the full article by Chad Millman http://sports.espn.go.com/espn/news/story?id=4281886

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