The future of Sports betting in New Jersey is uncertain today and the United States Supreme Court will decide its future as it is scheduled to hold conference on New Jersey’s fight to have their sports betting case heard on January 13. As per the plan and this case to be heard on the scheduled date if at least four of the current eight judges decide to hear the case, parties and the public should know by January 17 and the case would go to the SCOTUS calendar for 2017. Now not many options beyond waiting for another state in another circuit to beat sports betting opponents exist if the court refuses to hear the case next month.
On the view of the United States Constitution the justices will determine whether they wish to hear the case or not. If the case is heard than it could set precedence in far reaching areas of law as it rests on core principles of state’s rights, federalism, and interstate commerce.
New Jersey has 22 casinos in which you will find more than 26,606 slots and gaming machines and a total of 1310 table games. The minimum bet which can be placed here in these casinos in New Jersey is $0/01 and the maximum bet is $50,000. New Jersey and the NJ Thoroughbred Horsemen’s Association filed briefs Wednesday in response to professional sports leagues filings earlier asking the court not to hear the state’s appeal. The parties are new appealing a Third Circuit Court en banc panel’s decision this summer that determined New Jersey’s attempt to partially repeal sports betting laws applying to casinos and racetracks, left them in effect for any other venue in the state – effectively still legalizing them in violation of the 1992 Professional and Amateur Sports Protection Act.
New Jersey polls have long fought to legalise sports betting in the state. This way the state can get a way to raise revenues and help the struggling Atlantic City Casino industry. At present only Borgota has a race book and no legal venues in the state offer sports books. The American Gaming Association (AGA) estimates that at least $150 billion a year is wagered illegally on sports betting in the United States which provides revenues to organised crime rather than to states as it would in a well regulated market. This is moreover a reason that many organisations and people are not in favour of sports betting here and adding more to the complications.
