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Old 05-25-2012, 11:29 AM   #3
badcompany
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Quote:
Originally Posted by JustRalph
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
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.
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