Jan16 |
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Soon An Eagles Loss Can Hurt Twice As Much
As disappointing as Saturday’s Eagles game turned out to be in the end, think how much worse it would have been had you also bet $1000 on the Birds. Actually, you would have won, with the 5 or so points the Birds were getting. So it wouldn’t have been so bad, actually. Hmm. Anyway, the point is: Had the Eagles lost and also not covered, it would have been a doubly worse day. But pretty soon you’re going to be able to do it, as it appears it’s only a matter of time before Atlantic City legalizes sportsbooks, CasinoGamblingWeb.com — isn’t that part of the Wall Street Journal? — reports. Currently, horse racing is the only legal sports gambling in A.C., perhaps because the horses can’t accept money to shave points. CasinoGamblingWeb.com talked with a lawyer who said that the casinos are actively lobbying to add sports books by 2008 — to help stave off the loss in customers from slots parlors in Philadelphia. Basically, all it’ll take is a bit more lobbying and one state legislator who loves casino lobbyists. Give it time. Then again, the website also reports that staff members watched the Giants beat the Raiders last month, an event that did not happen, so take what you will. Sportsbooks Arriving in Atlantic City by 2008 [CasinoGamblingWeb.com] |
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As a compulsive gambler, I hope this is true. As a law student, I think they are missing something. I might be wrong, but my Gaming Law course taught us that only Las Vegas is allowed to have sports book via FEDERAL law. So as much as the NJ Legislature would like it, they’d need an act of Congress to change this…
I think.
I believe Nevada, Oregon, Montana and Delaware are the only other States that are allowed to enact Sports betting in their respective states under Federal Law. Delaware is currently undergoing serious discussions to bring this to fruition as Pennsyvania’s new gambling laws will impact that state more than it will Atlantic City, with Atlantic city being the second largest Major gambling venue in the US, it will not be left behind.
The idea of sportsbooks in AC is a very interesting proposition. Although, I can’t imagine it ever coming to fruition. It would open up a whole new crowd of locals from Penn and New Jersey heading down for the weekend, instead of just the routine tourists and seniors that go now.
BTW, I think the guy from casinogamblinweb meant Jets vs. Raiders.