New Jersey USA to Hold Referendum on Online Sports Betting Laws

Published Tuesday, October 11, 2011 - Online-Casinos.com

Coming soon in the Garden State of New Jersey is a referendum to determine whether online sports betting will be permitted within the state. New Jersey is having great difficulty balancing its public purse and has come close to legalizing online wagering in the past. The governor vetoed a proposal recently that would have seen Atlantic City become the first city and New Jersey the first state in America to regulate and offer online casino games and poker to its residents.

November 8 2011 the public will again have the opportunity to voice their opinion on whether online betting should or should not be allowed. The federal Professional Amateur Sports Protection Act is the act that is being considered for revision. The Act bans sports wagering throughout the United States, except in specified jurisdictions. New Jersey legislators want to permit regulated sports betting to generate much needed tax revenue for the government.
The process for changing the act is a long protracted one which requires changes to the state's constitution. If the referendum called for on November 8th passes the state legislature will then have to draft a proposal with applicable wording.

The Senate State Government, Wagering, Tourism and Historic Preservation Committee is in the process of drafting a bill to allow betting on non-college sports teams at Atlantic City casinos and at two specified race tracks.
Legislators are going to be watching the results of the referendum in hopes that it will begin the ball rolling towards further revisions to the gambling laws of New Jersey. There is a certain amount of disagreement among supporters as to where and how revenues form sports, betting should be divided.
There is a lot riding on the referendum for Atlantic City and surrounding horse racing venues who also need a positive vote to make much needed changes to old and inconsistent New Jersey laws.

 

 

 

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