The sports betting in New Jersey was really hoping to start last Sunday; however, an injunction was made by a federal judge to stop those plans. As a matter of fact, this was put to a stop before the first betting was able to take place. The judge was adamant that irreparable harm could have been made if the gambling was permitted. So right now, the sports betting in New Jersey is at a stance, until the legalities are hopefully resolved. or to be forever forbidden in New Jersey.
Some may wonder what’s the big deal with putting a stop to sports betting in New Jersey. Nevertheless, Judge Michael Shipp stated that more legal gambling would lead to more total gambling, and that, in turn, will lead to increased incentive for plaintiffs’ matches to be fixed. He also said that with a temporary restraining order, this will ensure that the issue will be decided in court. And while some approve of this rationality in maintaining order and peace, especially since this injunction was made this past Friday after the NCAA and all of the major sports leagues requested a block on betting- others beg to differ.
There are organizations from different arenas who strongly differ in opinion with New Jersey’s sports betting. For instance, the NCAA and all of the major sports leagues want to put a stop entirely to New Jersey sports betting, and the block is temporary until their case will be heard in court. They believe that the move violates a 1992 federal law prohibiting sports wagering in all states except for four of them, and that this move will hurt the integrity of the games. On the other hand, Governor Chris Christie signed a bill a week before the injunction, to partially repeal the sports betting ban, in order to allow the practice to be limited at racetracks and casinos. The state legislators and Governor Christie believe that having some regulations on sports betting will allow them to go around the previous rulings that stated that the aspirations of the state in relation to sports betting would violate the Professional and Amateur Sports Protection Act (PASPA). And for those who favor sports betting in New Jersey, like State Senator Raymond Lesniak, they believe that sports betting will help revitalize Atlantic City casinos, who are now struggling, with the same range as in Las Vegas. Also, many supporters doubt very seriously that irreparable harm would have been done this past Sunday if sports betting was allowed.
So as a result now, the legal paperwork, deadlines, and the court date are as follows: the involved parties of the case are scheduled to appear in Trenton on November 20th before Judge Shipp; the state has until this upcoming Monday to file in opposition; the major leagues’ deadline to file in response will be next Friday; and the expiration of the restraining order is on November 21st, which is the day after the hearing. This, in turn, means that the sports betting is allowed to began at that time, unless Judge Shipp will issue otherwise.
If Judge Shipp decides to issue an injunction, the state will most likely appeal to the Third Circuit Court of Appeals in Philadelphia. Also, Judge Shipp increased the bond amount that the NCAA and the major leagues must post in order to cover the estimated losses that incurred last Sunday as the result of the ban, if the case is decided in favor of New Jersey. The amount is increased from $1.7 million to $3.4 million.
With all of these pressing sport betting issues, many of New Jersey residents as well as many people around the world are anxious to know the end result of these issues. And with the court date being just around the corner, the anxiousness has increased in knowing the end result.