With struggling racetracks and casinos, there are now considerations for sports betting in New Jersey. The Garden State is seeking a new source of revenue, and the temptation to legalize the activity is a big one. The state has attempted to legalize wagers on sporting events in casinos several times since the 1990s, but all legal action has been overturned by the federal government. Last month a federal appeals court in Philadelphia ruled that a law endorsing the regulation and taxation of sports betting in New Jersey was unconstitutional and conflicted with federal law in a 2-1 decision. State officials…

Chris Christie was in the news last week because of a radio interview he did regarding New Jersey sports betting, as they’ve made the decision to try and legalize the activity. Sitting in as a special co-host on the Boomer and Carton in the Morning show in New York City, Christie suggested that it was ridiculous that only Nevada is allowed to offer single game sports betting and that the law should be changed to treat all states equally. Not surprisingly Christie disagreed with the lower federal court ruling in March where a judge sided with the sports leagues and…

Card Player – In late June, the state of New Jersey made its final push toward offering full-fledged sports betting within its borders. In 2011, state voters approved a referendum allowing the activity, and the state legislature later enacted a sports betting law. These moves were opposed by the major sports leagues — the National Football League (NFL), Major League Baseball (MLB), the National Hockey League (NHL), the National Basketball Association (NBA) and the National Collegiate Athletic Association (NCAA). Additionally, the Department of Justice challenged the Garden State. The opposition came in the form of a lawsuit, and a federal…