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Casino Association of New Jersey Supports Sports Betting in New Jersey-cnbnews.net

Picture of the Tropicana from the Boardwalk.Image via Wikipedia

 

Atlantic City (August 26, 2011) – The Casino Association of New Jersey (CANJ) supports the passage of the November sports betting ballot question, which asks voters whether they support amending New Jersey’s constitution to allow sports betting in the State.

 

“The November referendum, if passed, would provide an important step in the continuing process towards overturning the federal sports betting ban.  If the referendum is passed and if the federal ban is subsequently overturned, legal sports betting would provide an economic boost for Atlantic City and the entire state of New

Jersey,” said Robert Griffin, CEO of Trump Entertainment Resorts, Inc.  Legalized sports betting will attract more tourists to visit our city and enjoy our world-class entertainment, thriving restaurant industry, brand-name retail shopping and famous Boardwalk.  Sports betting will allow Atlantic City to better compete, grow and reinvest in the region.”

 

Senate Resolution (SCR) 132, if approved by popular vote this November, would authorize New Jersey’s Legislature to amend the State constitution to allow sports betting at Atlantic City casinos and at horse racetracks on the results of any professional, college, or amateur sport or athletic event, except sporting events taking place in New Jersey or involving New Jersey collegiate teams.  However, sports betting would not be permitted to actually be offered in New Jersey until the current federal law prohibiting sports wagering, The Professional and Amateur Sports Protection Act of 1992 (“PASPA”), is determined to be unconstitutional, overturned, or a new federal law is enacted that overturns the current law prohibiting sports betting (note: the only states grandfathered from PASPA are Nevada, Delaware, Oregon and Montana.)

 

CANJ is a not-for-profit organization which represents operators of New Jersey casino resorts.  It serves as a collective voice for the industry and concentrates on the betterment of industry employees, government relations, casino-affiliated businesses and the casino industry itself.

 

 

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