New Jersey has had its fair share of ups and downs in the world of online gambling, but it appears that they’re riding a wave of success as of late. About a month ago, we reported that profits exploded for New Jersey in December. In a report published on February 13th, it appears that the trend has continued.
New Jersey may not legalize and regulate sports betting any time soon, but that’s not stopping them from allowing gambling on sporting events!
A few months ago, Chris Christie made a move to get sports betting, both online and offline, legalized in New Jersey. While it passed, it was quickly put on hold by the big four sports leagues – the MLB, NBA, NHL, and NFL. Adam Silver, NBA Commissioner, later elaborated, stating that he’d love for it to be legalized and that there needs to be some sort of framework for it. Now, another member of the big four has caved.
As we’ve been saying all along, it was only a matter of time before RAWA was reintroduced to Congress. After it failed to gain traction last year, it was expected to be retooled and reintroduced. However, it wasn’t Sheldon Adelson that reintroduced it to Congress.
As we’ve reported in recent weeks, the talks to legalize both offline and online sports gambling have been heating up. Though the large sports leagues managed to put a hold on the progression for now, the issue is gathering more support, and the latest person to publicly speak on the issue may come as a shock – Arizona Senator John McCain.
By now, you’ve likely heard about Chris Christie’s quest to legalize online sports betting, which would be a stepping stone to the legalization of online gambling.
The Super Bowl is here, and it’s going to singlehandedly prove to the world exactly how much legalized sports betting is needed. Unfortunately, that won’t be happening this year – outside of Las Vegas, anyway.
Mere weeks after the failure of the Restoration of America’s Wire Act, which was Sheldon Adelson’s quest to stop online gambling once and for all, Sheldon Adelson has resurfaced. [..]
In a surprising announcement, it was revealed earlier this week that following the retirement of Edward Tracy, Sheldon Adelson will take over as the chief executive of Sands China in March. [...]
In late November, Chris Christie wanted to fast track the legalization of sports betting. He quickly signed the bill into law, but the big sports leagues (the NFL, NBA, NHL, and MLB) quickly stepped up and cried foul, causing the whole issue to be put on ice. [..]
California’s always at the center of every decision. It makes sense, too, considering it’s the most populated state in the country by roughly 12 million people. It should come as no surprise, then, to learn that California, having failed to legalize online poker in the past, is trying to do so once again.
This is a huge deal for Canada, and it should prove to be very successful. It’s often cold there, so many people won’t want to leave their houses. The ability to play online from the comfort of their home will be greatly appreciated by the residents of Ontario.
