Quote:
Originally Posted by badcompany
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.
|
Maybe Nevada but certainly not NJ
Dubbed “Operation Heat,” that investigation focused on an Internet betting ring with a base in Costa Rica that authorities alleged generated $2.2 billionin bets over a 16-month period
This is from an operation that is mid Atlantic based. The classic line is "if you don't know a bookie in NJ then you have no friends".