Nev. oddsmakers cheer top-court review of N.J. sports betting case
By Thomas Moore, Las Vegas Sun
Nevada gaming lawyers, lobbyists and handicappers applauded the Supreme Court’s decision Tuesday to hear a case against a law preventing legalizing sports gambling in New Jersey.
The Professional and Amateur Sports Protection Act prohibited sports betting across the country, except for Nevada, Montana and Delaware. The law, passed in 1992, made an exemption for New Jersey too, if it offered sports betting within a year of the law’s passage. It failed to do so.
In recent years, New Jersey politicians changed their minds and began working to legalize sports betting, hoping it would help the state’s economy and gaming industry, which has recently struggled.
Nevada bookmakers were also happy with the development. They aren’t worried about losing business to other states.