New Jersey officials cannot put a stop to sports wagers, but they hope to “shine a light” on it by asking a court to legalize sports betting at casinos and racetracks, a lawyer said in a high-stakes hearing Wednesday before a federal appeals court. Gov. Chris Christie wants to tap into the multi-billion dollar sports betting industry but must first get around a 1992 federal law that limits sports betting to Nevada and three other states. The U.S. Justice Department, the NCAA and the four major pro sports leagues oppose the move. And a federal judge this year sided with…

New Jersey is set to begin the next phase of their long legal case aimed at bringing sports betting to the boardwalk of Atlantic City. The judicial panel which will hear oral arguments on June 26 has been announced. SBR expands on the legal hurdles NJ must overcome in today’s iGaming News video show. Judges Julio Fuentes of New Jersey and D. Michael Fisher and Thomas Vanaskie of Pennsylvania comprise the judicial panel. Circuit Judges listed for the week are Fuentes, Fisher, and Michael Chagares of New Jersey per John Brennan of NorthJersey.com, who SBR interviewed in October of last…