CNBNews

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.