Monday, January 23, 2012

Bills would let NJ avoid US ban on Sports Betting

The politicians have an insatiable appetite for money revenue. And they don't care where they get it. Gambling is an evil and the industry leads to all kinds of social ills. It is no coincidence that Nevada has the highest crime rate  of any State in the country. You better believe that the gambling industry is lobbying heavily the pimp politicians in New Jersey:

With talk of New York Giants (who play in New Jersey) and the odds of them winning the Super Bowl in two weeks dominating the airwaves Monday, two New Jersey congressmen introduced separate bills that would let their state offer legal sports betting.

U.S. Rep. Frank LoBiondo, a Cape May County Republican, introduced a bill Monday giving all states until 2016 to legalize sports betting. New Jersey and 45 other states missed a 1992 deadline to approve sports betting, which is now illegal everywhere but Nevada, Delaware, Montana and Oregon.

U.S. Rep. Frank Pallone Jr., a Long Branch Democrat, introduced a separate bill Monday to exempt New Jersey from the existing federal ban.

New Jersey has passed and enacted a law legalizing sports betting, but the federal ban still must be overcome before Atlantic City casinos and the state's four horse tracks can start taking bets on professional and college sporting events.
Full article

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