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NCAA, pro leagues sue to stop New Jersey sports betting
Source: Reuters
NCAA, pro leagues sue to stop New Jersey sports betting
By Jessica Dye
NEW YORK | Tue Aug 7, 2012 12:49pm EDT
(Reuters) - U.S. college and professional sports leagues filed a lawsuit Tuesday seeking to stop New Jersey's plans to legalize sports betting.
The lawsuit filed in the U.S. District Court for New Jersey says that a law signed in January to allow sports betting at the state's racetracks and at Atlantic City casinos violates a broad federal ban on wagering on sports events.
The suit was brought by the National Collegiate Athletic Association, the National Basketball Association, the National Football League, the National Hockey League and Major League Baseball.
The law, signed by Governor Chris Christie, is expected to be fully implemented this fall. Once it is, New Jersey racetracks and casinos will be allowed to apply for licenses and open gambling operations for amateur and professional sports.
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By Jessica Dye
NEW YORK | Tue Aug 7, 2012 12:49pm EDT
(Reuters) - U.S. college and professional sports leagues filed a lawsuit Tuesday seeking to stop New Jersey's plans to legalize sports betting.
The lawsuit filed in the U.S. District Court for New Jersey says that a law signed in January to allow sports betting at the state's racetracks and at Atlantic City casinos violates a broad federal ban on wagering on sports events.
The suit was brought by the National Collegiate Athletic Association, the National Basketball Association, the National Football League, the National Hockey League and Major League Baseball.
The law, signed by Governor Chris Christie, is expected to be fully implemented this fall. Once it is, New Jersey racetracks and casinos will be allowed to apply for licenses and open gambling operations for amateur and professional sports.
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Read more: http://www.reuters.com/article/2012/08/07/us-usa-sports-gambling-idUSBRE8760ZK20120807
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