Chris Christie goes ahead with gambling
 

http://espn.go.com/espn/story/_/id/7...sports-betting

Interesting. A former U.S. Attorney dares the Justice Dept to stop him from allowing the Citizens of NJ to bet on sports?

I notice he specifically mentioned horse racing interests

Here's the greatest line ever by the governor, Christie said 50 percent of the revenue generated by sports betting would go toward treatment programs for compulsive gamblers. What he didn't mention was the other 50% was going toward treatment programs for obese NJ governors.

ATLANTIC CITY, N.J. -- New Jersey will defy a federal ban and let people bet on the outcomes of football, basketball and other games this fall, Gov. Chris Christie said Thursday.

Speaking at a news conference highlighting efforts to reinvigorate Atlantic City, Christie said the regulations his administration will issue next week make no attempt to overturn a 1992 federal law that limits sports betting to four states.

_________

They're grasping at straws if they think sportsbetting is gonna save AC.

http://www.wagerminds.com/blog/casin...11-3431/Gaming Revenue

The $10 billion in gaming revenue breaks down as follows:
•Pit revenue (includes Keno and Bingo) – $3.1 billion
•Coin operated devices – $6.6 billion
•Poker and pan – $162 million
•Race book – $73 million
•Sports pool – $141 million

Sports book revenue, which came in at $141 million, is just 1.4% of all Nevada gaming casino revenues.

I like the idea. As a resident of New Jersey unable to sign up for any other legal wagering service I'm going to defy NJ and get me an IdaBet account and let NJ try to stop me. Wait! What are you big guys doing here? What are you doing with those clubs? Noooooooooooooooooooooooooooooooooooooooooo

you're a laugh a minute............. :ThmbDown:

I think NJ deserves great credit for trying, but the idea that NJ will have legal sports betting in the fall is comical.

The feds will shut this down in a heartbeat. Just like they did in Delaware.

NJ's only hope, possibly, is to get the sports lottery games like Delaware.

I wonder if Christie thinks that this will make Obama unpopular right around election time if the Feds try to stop it.

This was totally uncalled for. As a resident of NJ I'm offended by this regardless of party.

Lots of people try to quit smoking and lose weight and its a long arduous process. Sometimes there are other reasons why they can't be successful.

Brave move
 

This move is to be applauded, even though it probably won't succeed.
The Feds won't let it happen.

However, an even bigger opponent will be showing their teeth, too.
Organized crime in NJ will be more than a little put out if this were to come about. In this instance, they have the law to back them up.
Imagine that....... ;)

The point I was making was that his statement stating that 50% of the money generated would go to compulsive gambler programs. That is ludicrous! Where does he think the bulk of the money will be coming from. That makes absolutely no sense. As for my failed attempt at humor, anyone that is offended, I do apologize. It was just a joke, and according to you, a bad one. You must really hate Bill Maher.

Organized crime? You don't really think they have that in NJ do you?

I have absolutely no proof.
There I go, making assumptions again :rolleyes:

I guess this means that Christie will not be Romney's VP choice.

Why do you think that, slew? From my understanding, the Governor's blessing is contingent on the successful challenging of the federal law by the NJ attorney general. NJ recently had a referendum on the subject that passed about 2-1. The legislature will be behind it as well.

I don't think they wouldn't be doing this if they thought it had no chance. Not saying it's a slam dunk, though.

I'd like to see the legal arguments the state is going to make to the feds.

Now that I've actually read the article, my understanding is changed from earlier in the year. It seems they're going forward with the expectation that the feds will challenge first, and then NJ will win in court.

Should be interesting.

That the way I read it too. I think it is highly unlikely that NJ can actually win in court. Now both Romney and Obama will get questions on it. I can't see either of them supporting Christie on this issue. There will also be issues with the NFL. In the past they have resolute in stating that they will not have team playing a state has legal gambling on their games. That will be the really interesting part of this. They would have to move two teams if they stick to their guns and if NJ actually wins its court battle.
The idea that 50% of the revenues would go to fight gambling addiction is with a doubt the most ridiculous thing to come out the mouth of a politician in sometime. Anybody that believes that probably owns several bridges.