NJ posts online rise but must wait on sports betting ruling

NJ posts online rise but must wait on sports betting ruling

Friday, July 17, 2015
The US state attempted to legalise sports betting three years ago

New Jersey has reported year-on-year online gambling growth in June as the state awaits a decision on the future of sports betting within its boundaries.

The New Jersey Division of Gaming Enforcement (NJDGE) revealed that online gaming revenue in the month amounted to $11.7m (€10.6m), which was up 22.8 per cent on 2014. However, the figure represents a month-on-month drop when compared to the $12.5m achieved in May.

State lawmakers were also hoping that the end of June might have seen a positive ruling in the case of ‘National Collegiate Athletic Association (NCAA), et al v. Governor of New Jersey, et al’ which could see New Jersey’s long-standing hopes of sports betting be given the green light by the Federal Appeals Courts.

However, three years after New Jersey’s attempt at legalising sports betting was stopped by a complaint from the major sports leagues and four months since the Third Circuit Court of Appeals in Philadelphia heard oral arguments, the state may still have some time longer to wait.

“The deadline is when the courts feel like it. Nobody can tell them to speed it along. Their first priority is getting it right,” Daniel Wallach, a sports gaming law expert and lawyer at Becker & Poliakoff in Florida told the Washington Post.

A win for New Jersey – thought unlikely by most commentators - could effectively legalise sports betting there and pave the way for legalisation in other states. A win for the MLB, NBA, NCAA, NFL and NHL would preserve the ban on widespread sports betting outside Nevada in place since 1992.

New Jersey did legalise online gaming in 2013, and the most recent month saw Borgata, PartyPoker and Pala Interactive continue to lead the way with online gaming revenue of $3.5m, 2.3% higher than in June 2014.

However, the Golden Nugget achieved the most impressive year-on-year growth in the state’s online gambling market, with revenue up from $710,600 in June 2014 to $2.5m this year.

The NJDGE also noted total gaming win for the state in June was £216.5m, which represents a year-on-year drop of 8.2 per cent compared to the same month last year.

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