Supreme Court Hears Oral Arguments On Legalizing Sports Betting Nationwide

The US. Supreme Court heard oral arguments Monday morning in a case which could legalize sports betting nationwide.

The Los Angeles Times reports that a decision in the case, in which New Jersey and Gov. Chris Christie have been battling the NCAA, NFL, NBA, NHL, and Major League Baseball over lifting the federal ban on sports betting, is expected to be announced sometime in the first half of 2018.

The Times added that should the state prevail in Christie vs. NCAA, the ruling would likely free other states to follow New Jersey’s lead.

Experts said at least a dozen states would likely authorize wagering on sports, including such states as California, Pennsylvania and New York.

Read more in the Los Angeles Times

Statement from Dennis A. Drazin following Supreme Court hearing on sports betting case:

“It was a momentous occasion to see our fight for sports betting reach the highest Court in the land, especially knowing that our six year battle will reach a final conclusion in the next several months.

“I am thankful for the leadership of our governor and the New Jersey legislature, the unwavering commitment of the New Jersey Thoroughbred Horsemen’s Association and to many others who have been instrumental in getting us to today.

“In particular, Ron Riccio’s (General Counsel with McElroy, Deutsch, Mulvaney & Carpenter and former Dean of the Seton Hall Law School) steadfast resolve is the reason we have made it to the Supreme Court. In addition, Senator Lesniak has been a tireless advocate for sports betting and a champion of this cause for the people.

“Everyone’s hard work and dedication were on full display for the Court, who I am cautiously optimistic will see things in our favor and the will of the people of New Jersey, who overwhelmingly voted in favor of sports betting, will soon come to fruition.

“What the outcome of today’s case means is the survival of Monmouth Park. Horse racing accounts for more than 200,000 green acres and open spaces in the Garden State and is responsible for 13,000 jobs with a $2 billion economic impact. This case helps ensure those numbers for generations to come.”

Dennis A. Drazin is the CEO of Darby Development LLC, operators of Monmouth Park Racetrack.

The post Supreme Court Hears Oral Arguments On Legalizing Sports Betting Nationwide appeared first on Horse Racing News | Paulick Report.

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