Just a few days ago, Chris Christie announced a directive that would allow sports betting to take place in the state of New Jersey. Players and operators have been anticipating the launch of sports betting for some time and despite the fact the option can now take place, no operator has started sports betting just yet.
Christie stated that sports betting can take place in the state based on arguments from the Department of Justice in the US as well as sports leagues, the 3rd Circuit court ruled the option legal. Sports betting is in the clear with only one rule that operators must follow. Wagers are not allowed to take place on teams that are based in New Jersey or an event that takes place in the state. This rule has been put in place to avoid match fixing.
The directive released by Christie would allow sports betting but not regulate the option. The approach is rather hands-off but helps the state to circumvent federal law, according to Card Player. A recent report by the Associated Press reveals that casinos and racetracks are waiting for a federal judge’s ruling next month or to see further action by the legislation in NJ before moving forward.
US District Judge Michael Shipp is going to rule if the state can offer sports betting if there is no state regulation based on his injunction last year which stopped the state from establishing and regulating sports betting.
The report continues stating that businesses that begin to provide sports betting in the state have a risk of being prosecuted on a federal level. This would be a big reason why an operator would be hesitant to provide sports betting activities for customers. Once the legislative side is determined, the Monmouth Park Racetrack is set to offer sports betting and could be the first to offer the option in the near future.
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