Sports Wagering one step closer in NJ....

[Robert Goren]

Originally Posted by cj

Probably cost way too much to actually fix a pro game in relation to the amount that could be made via wagering.

you are right with today salaries. But college games are a different story. Too many kids with no future (in or out of sports) in important facets of the games. They literally have nothing to lose if they are caught.

[Robert Goren]

Originally Posted by onefast99

There have been many fixed games in sports, the most recent was the NBA scandel with Tim Donaghy I don't see the NBA wilting one bit!

But they think they saw a damage to the sport. It is not what actually happens, but what they perceive to have happen. But then we don't have access to the numbers they do, so we don't what happened to their revenue stream and whether it caused them to miss their projections.

[Canarsie]

Originally Posted by biggestal99

since I have to do it myself.

Where approved by the Commission, and where the exchange
wagering licensee demonstrates by clear and convincing evidence that a
proposed interstate exchange pool is consistent with the law in all
respects, an interstate exchange pool may be offered. An interstate
exchange pool may be established in this State, in another state, or a
foreign nation. Regardless of where an interstate exchange pool is established, the unmatched exchange wagers of New Jersey account holders shall be matched with unmatched exchange wagers within the interstate exchange pool, to form identically opposing matched wagers.


This is taken directly from the NJ proposed rules for exchange wagering.

Allan

that a proposed interstate exchange pool is consistent with the law in all
respects

I say that line means it isn't legal. In the previous 3 1/2 years there has been nothing to refute my argument since EW hasn't been implemented. Now the balls in your court prove me wrong with substantiation.


Wow!!! Are you serious??? "Since I have to do it myself"??? Your credibility just went from near zero to below that. My hunch is that people who agree with you would find that INSULTING. Guess your not commenting on pacer being a live link, could it be you had selective amnesia when you signed up.

[SandyW]

Sports wagering in New Jersey, as I have said many times before, NOT IN THIS LIFETIME OR ANY LIFETIME.

[onefast99]

Originally Posted by Robert Goren

But they think they saw a damage to the sport. It is not what actually happens, but what they perceive to have happen. But then we don't have access to the numbers they do, so we don't what happened to their revenue stream and whether it caused them to miss their projections.

It is evident the NBA is doing quite well based on their fan support as well as ticket sales. The NBA has dealt with scandels from officiating that hasn't tarnished their image? Sports wagering won't hurt the NBA, NFL or any other professional sports leagues that is the most frustrating part of the equation. Judge Shipp ruled that there was irreparable harm, that the leagues could also suffer or have their identity tarnished, based on what? The fact that domestic violence has now been dealt with in the NFL after years of pushing it under the rug tarnishes their image a lot more. The recent raids of traveling team medical staffs by the DEA has that not tarnished the NFL'simage? The late 1970's Boston College vs Holy Cross basketball game throwing scandel didn't hurt the NCAA one bit they are one of the most powerful unregulated organizations in existentce today. How would a bet being made in NJ on a college football or basketball game affect or tarnish the image of the NCAA? Based on the Judges ruling yesterday he sided with the professional sports leagues for all the wrong reasons!

[onefast99]

Originally Posted by SandyW

Sports wagering in New Jersey, as I have said many times before, NOT IN THIS LIFETIME OR ANY LIFETIME.

You have said a lot of things mostly negative. The Third Circuit will now get this one and I don't believe the professional sports leagues and the NCAA will be able to prove irreparable harm. NJ needs to prove to the court that it isn't in violation of PASPA that is the key to this case.

[biggestal99]

Originally Posted by SandyW

Sports wagering in New Jersey, as I have said many times before, NOT IN THIS LIFETIME OR ANY LIFETIME.

It was one judge vote away from being legal last time in the third circuit (2-1 in affirming Judge Shipp's judgement). Isn't there the slightest chance now that Jersey has done namely what the third circuit said they could do there is any chance they could reverse on appeal.

Allan

[Robert Goren]

Originally Posted by onefast99

It is evident the NBA is doing quite well based on their fan support as well as ticket sales. The NBA has dealt with scandels from officiating that hasn't tarnished their image? Sports wagering won't hurt the NBA, NFL or any other professional sports leagues that is the most frustrating part of the equation. Judge Shipp ruled that there was irreparable harm, that the leagues could also suffer or have their identity tarnished, based on what? The fact that domestic violence has now been dealt with in the NFL after years of pushing it under the rug tarnishes their image a lot more. The recent raids of traveling team medical staffs by the DEA has that not tarnished the NFL'simage? The late 1970's Boston College vs Holy Cross basketball game throwing scandel didn't hurt the NCAA one bit they are one of the most powerful unregulated organizations in existentce today. How would a bet being made in NJ on a college football or basketball game affect or tarnish the image of the NCAA? Based on the Judges ruling yesterday he sided with the professional sports leagues for all the wrong reasons!

When you own an sports franchise, then you will get to decide what will hurt your bottom line or not. It does not matter what you think if you are not an owner. Why are you having such a hard time understanding that. Owners decide, people who want to make money off their product without their permission don't.

[biggestal99]

Originally Posted by Canarsie

Guess your not commenting on pacer being a live link, could it be you had selective amnesia when you signed up.

LOL. Pacer is a live link. LOL

try getting any information on this case without paying.

Allan

[biggestal99]

Originally Posted by Canarsie

that a proposed interstate exchange pool is consistent with the law in all
respects

I say that line means it isn't legal. In the previous 3 1/2 years there has been nothing to refute my argument since EW hasn't been implemented. Now the balls in your court prove me wrong with substantiation.

.

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

[Robert Goren]

Originally Posted by biggestal99

It was one judge vote away from being legal last time in the third circuit (2-1 in affirming Judge Shipp's judgement). Isn't there the slightest chance now that Jersey has done namely what the third circuit said they could do there is any chance they could reverse on appeal.

Allan

No. because Judge Shipp's ruling the first time was not all inclusive concerning the federal law. He only ruled on part of it. There is no way NJ or any other state can craft an end run around the federal law. You are going to have to change the federal if you want sports wagering in NJ. It would take an off the wall ruling by the Supreme Court to get it any other way. Hey, the Roberts Court has become known for its off the wall rulings, so there is a glimmer of hope. The question becomes how much money does the state of NJ want to spend for a shot at that glimmer of hope. If the legal fees were being paid for out of purse money, would you be so anxious to press on? A truthful answer to that question will tell you how you really feel about your chances.

[onefast99]

Originally Posted by Robert Goren

When you own an sports franchise, then you will get to decide what will hurt your bottom line or not. It does not matter what you think if you are not an owner. Why are you having such a hard time understanding that. Owners decide, people who want to make money off their product without their permission don't.

Stay focused on the sports wagering case in NJ and how the law was crafted allowing NJ to theoretically circumvent PASPA, that is what the court is debating. You also don't have "owners" associated with college sports and based on a recent ruling against the NCAA by former UCLA basketball star Ed O'Bannon it looks as if the NCAA could be a good starting point for sports wagering in NJexcept for the NJ colleges of course!

[SandyW]

Originally Posted by onefast99

Stay focused on the sports wagering case in NJ and how the law was crafted allowing NJ to theoretically circumvent PASPA, that is what the court is debating. You also don't have "owners" associated with college sports and based on a recent ruling against the NCAA by former UCLA basketball star Ed O'Bannon it looks as if the NCAA could be a good starting point for sports wagering in NJexcept for the NJ colleges of course!

There will be no circumventing PASPA despite that last ruling. The only way for New Jersey to ever get sports wagering is the impossibe task of changing the federal law.

[onefast99]

[QUOTE=Robert Goren]No. because Judge Shipp's ruling the first time was not all inclusive concerning the federal law. He only ruled on part of it. There is no way NJ or any other state can craft an end run around the federal law. You are going to have to change the federal if you want sports wagering in NJ. It would take an off the wall ruling by the Supreme Court to get it any other way. Hey, the Roberts Court has become known for its off the wall rulings, so there is a glimmer of hope. The question becomes how much money does the state of NJ want to spend for a shot at that glimmer of hope. If the legal fees were being paid for out of purse money, would you be so anxious to press on? A truthful answer to that question will tell you how you really feel about your chances.[/QUOTE]
Please tell me you didn't just say that
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

[onefast99]

Originally Posted by SandyW

There will be no circumventing PASPA despite that last ruling. The only way for New Jersey to ever get sports wagering is the impossibe task of changing the federal law.

The state regulation issue is what has kept Judge Shipps ruling in force, the professional sports leagues, namely the NFL stated in their briefs that despite what the casinos and racetracks say they are regulated by the state. This is a tough one to prove otherwise but I believe Lesniak can and will prevail.