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-   -   Sports Wagering one step closer in NJ.... (http://www.paceadvantage.com/forum/showthread.php?t=114956)

Canarsie 11-23-2014 10:37 AM

Quote:

Originally Posted by biggestal99
LOL. Pacer is a live link. LOL

try getting any information on this case without paying.

Allan

All you have to do is give them a credit card here you go trying to sound important again. Show me your bill on this case all you have to do is black out anything important. My hunch is that you haven't paid a cent yet but I could be wrong if proven otherwise.

What do I get if my information comes free?

So now you admit it's a link (another thing you were WRONG on) the question remains why you wouldn't provide it the first time around. Since your cherry picked my post where is this Betfair NJ company? Since you state your paying obviously the proof should be a click or two away.

Canarsie 11-23-2014 10:45 AM

Quote:

Originally Posted by biggestal99
So cite 5.10 in the proposed law says that interstate pools are permissible
but not legal?

If Betfair follows the proposed rule 5.10 to the letter, they will be offering existing pools from the UK to Jersey residents.

which includes the NYRA.

they just need commission approval. and that my dear friend will be granted.

Allan

Once again they have had 3 1/2 years to get this done and haven't. Once again you fail to provide substantiation (because your always wrong) for your argument but put up a proposed rule that hasn't even been solidified. You do realize rules are subject to being changed especially before they are implemented.

California changes their rules all the time just recently the whip without even putting it in regulations yet. But since your commented on yours I guess that it's already etched in stone.

biggestal99 11-23-2014 10:59 AM

Quote:

Originally Posted by Canarsie
Once again they have had 3 1/2 years to get this done and haven't. Once again you fail to provide substantiation (because your always wrong) for your argument but put up a proposed rule that hasn't even been solidified. You do realize rules are subject to being changed especially before they are implemented.

LOL. Its there in black and white on a new Jersey gov't website

Interstate pools are permissible under the proposed rules.

These rules have been published in the New Jersey register.

if NJ wanted to change this proposed rule they would have to publish it for public comment.

They have not done so yet.

Allan

Canarsie 11-25-2014 06:58 PM

Quote:

Originally Posted by biggestal99
LOL. Its there in black and white on a new Jersey gov't website

Interstate pools are permissible under the proposed rules.

These rules have been published in the New Jersey register.

if NJ wanted to change this proposed rule they would have to publish it for public comment.

They have not done so yet.

Allan

If you wanted to show the proposed rule it would have taken fifteen seconds but I guess that is too much to ask.

Ok since I'm a dummy lets make a wager to a charity of the winners choice This will be implemented by January 31 and I pay off otherwise you are wrong again.. After all according to you it's signed, sealed, and delivered link or not.

Since we both support PDJF loser pays $50 and gets a tax write off in 2015.

You in or out? You have been on a roll for quite some time if this comes to fruition a long losing streak will be stopped. People will stop associating you with the Chicago Cubs if it happens.

horses4courses 11-25-2014 07:42 PM

Leagues want their money back
 
They should just hit up Peterson and Rice for a little more fine money.

http://blog.northjersey.com/meadowla...-betting-case/

biggestal99 11-26-2014 04:44 AM

Quote:

Originally Posted by horses4courses
They should just hit up Peterson and Rice for a little more fine money.

http://blog.northjersey.com/meadowla...-betting-case/


The horsemen are fighting this, have filed to not return the bond until the case is settled.

Allan

onefast99 11-26-2014 10:47 AM

Quote:

Originally Posted by biggestal99
The horsemen are fighting this, have filed to not return the bond until the case is settled.

Allan

“Plaintiffs’ letter request, not contained in a formal motion as it should have been, rests on two flawed premises:” wrote Mr. Riccio. “(a) that the Court has granted Plaintiffs’ request for a permanent injunction against the NJTHA; and (b) that it has been finally determined that the NJTHA was not wrongfully restrained. Plaintiffs are wrong on both counts.”

This will be interesting another wrong decision by Judge Shipp could give the NJTHA a leg up in this case.

Canarsie 11-26-2014 10:56 AM

[QUOTE=onefast99]
Quote:

Originally Posted by Robert Goren
The NJ racetracks are now owned privately did you miss that? The NJSEA hasnothingto do with MP or the Meadowlands or Freehold or AC. There are many investors willing to take a shot at the sports wagering platform being approved even if it is down the road. Risk=Reward

You know far more than me on what the management side of sw is shooting at so I have a few questions.

If there are so many investors how come the name William Hill comes up more than any others? Even so it isn't mentioned with regularity where once could assume that they are the chief risktaker.

Maybe I'm naive but why isn't Betfair ever mentioned? Once again this is an assumption but I can't imagine they are going to lay down and hand it to WH without a fight. I'm sure they both have powerful lobbyists but my hunch is Betfair is used to getting things done quicker than WH.

I understand if you can't answer any/part of the questions due to privacy and other things.

Happy Thanksgiving to you and your family.

onefast99 11-26-2014 11:57 AM

[QUOTE=Canarsie]
Quote:

Originally Posted by onefast99

You know far more than me on what the management side of sw is shooting at so I have a few questions.

If there are so many investors how come the name William Hill comes up more than any others? Even so it isn't mentioned with regularity where once could assume that they are the chief risktaker.

Maybe I'm naive but why isn't Betfair ever mentioned? Once again this is an assumption but I can't imagine they are going to lay down and hand it to WH without a fight. I'm sure they both have powerful lobbyists but my hunch is Betfair is used to getting things done quicker than WH.

I understand if you can't answer any/part of the questions due to privacy and other things.

Happy Thanksgiving to you and your family.

Back in March of 2011 an RFP(request for proposal) was offered by the NJSEA to run the states racetracks, several prominent individuals including Morris Bailey put in to become the new private entity to run MP by way of a lease opportunity . Bailey was selected and began looking at the grand scheme of things but elected to cease any further operation of the track and bowed out. The NJSEA partnered with Darby and began operating under a five-year lease as a partnership with Darby Development, LLC.
William Hill was named the sports betting operator at MP in 2013, hence the "William Hill Haskell", Hill also spent a small fortune setting up the "Las Vegas" style sportsbook in anticipation of NJ getting sports wagering in the not to distant furure,call it a hedge if you will. On the same subject Jeff Gural teamed up with an investor Hard Rock International who sunk a significant amount of money into the Meadowlands in hopes of getting a casino there in the not too distant future. In regards to Betfair,they purchased TVG in 2009 they also teamed up with the NJ horseman to do the exchange wagering. TVG was given the green light to run the "online" wagering platform known as njbets.com which was given over to the horseman with the Favorites OTW platform in Woodbridge NJ. The expansion of the OTWs has been slow but a new Favorites will open in Hillsborough NJ once the Racing Commission figures out some minor issues with a ground lease arrangement. I hope I shed some light on your concerns, have a Great Thanksgiving!

Robert Goren 11-26-2014 12:04 PM

[QUOTE=onefast99]
Quote:

Originally Posted by Canarsie
Back in March of 2011 an RFP(request for proposal) was offered by the NJSEA to run the states racetracks, several prominent individuals including Morris Bailey put in to become the new private entity to run MP by way of a lease opportunity . Bailey was selected and began looking at the grand scheme of things but elected to cease any further operation of the track and bowed out. The NJSEA partnered with Darby and began operating under a five-year lease as a partnership with Darby Development, LLC.
William Hill was named the sports betting operator at MP in 2013, hence the "William Hill Haskell", Hill also spent a small fortune setting up the "Las Vegas" style sportsbook in anticipation of NJ getting sports wagering in the not to distant furure,call it a hedge if you will. On the same subject Jeff Gural teamed up with an investor Hard Rock International who sunk a significant amount of money into the Meadowlands in hopes of getting a casino there in the not too distant future. In regards to Betfair,they purchased TVG in 2009 they also teamed up with the NJ horseman to do the exchange wagering. TVG was given the green light to run the "online" wagering platform known as njbets.com which was given over to the horseman with the Favorites OTW platform in Woodbridge NJ. The expansion of the OTWs has been slow but a new Favorites will open in Hillsborough NJ once the Racing Commission figures out some minor issues with a ground lease arrangement. I hope I shed some light on your concerns, have a Great Thanksgiving!

If I may ask, what kind of deal did they cut with NJ horsemen? What % of each bet do the horsemen get?

onefast99 11-26-2014 12:12 PM

[QUOTE=Robert Goren]
Quote:

Originally Posted by onefast99
If I may ask, what kind of deal did they cut with NJ horsemen? What % of each bet do the horsemen get?

The horseman are the direct recipients of the revenue streams run and developed by the entity. These include the TVG phone betting system and the OTW's. Any future revenue streams will also help create better purse structures which in essence help everyone associated with racing. The main thing the horseman got was Monmouth Park to run and train their horses at as well as a highly anticipated return to racing at the Meadowlands on both turf and dirt.

biggestal99 11-26-2014 12:35 PM

Quote:

Originally Posted by onefast99
“Plaintiffs’ letter request, not contained in a formal motion as it should have been, rests on two flawed premises:” wrote Mr. Riccio. “(a) that the Court has granted Plaintiffs’ request for a permanent injunction against the NJTHA; and (b) that it has been finally determined that the NJTHA was not wrongfully restrained. Plaintiffs are wrong on both counts.”

This will be interesting another wrong decision by Judge Shipp could give the NJTHA a leg up in this case.

Well to be fair to judge shipp, he didn't leave himself much leeway as far as time to decide the case, i am sure the third circuit will give themselves as much time as they need to decide the case correctly one way or the other.

Allan

Canarsie 11-27-2014 12:17 PM

Quote:

Originally Posted by onefast99
have a Great Thanksgiving!

Happy thanksgiving to you and your family. I have some more questions that will have to wait for later going to pick up a turkey from the farm. Been getting it there over thirty years all I can say is yummy.

Nobody hold their breath :D

biggestal99 12-04-2014 02:54 PM

Quote:

Originally Posted by biggestal99
Well to be fair to judge shipp, he didn't leave himself much leeway as far as time to decide the case, i am sure the third circuit will give themselves as much time as they need to decide the case correctly one way or the other.

Allan

Judge Shipp denied to return the bond to the NFL on Tueday per my pacer account

72Filed & Entered: 12/02/2014OrderDocket Text: TEXT ORDER - After careful consideration of the parties' correspondence (ECF Nos. 69, 70), Plaintiffs' request that the Court order the bond discharged is DENIED. So Ordered by Judge Michael A. Shipp on 12/2/14. (NR )

Allan

SandyW 12-04-2014 03:38 PM

Quote:

Originally Posted by biggestal99
Judge Shipp denied to return the bond to the NFL on Tueday per my pacer account

72Filed & Entered: 12/02/2014OrderDocket Text: TEXT ORDER - After careful consideration of the parties' correspondence (ECF Nos. 69, 70), Plaintiffs' request that the Court order the bond discharged is DENIED. So Ordered by Judge Michael A. Shipp on 12/2/14. (NR )

Allan

So I guess this means, New Jersey is on track to get sports wagering by 2020.


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