Friday, October 24, 2014

Sports

At the request of the NFL, NCAA and other major sports leagues, a judge blocked sports gambling in New Jersey.
"After a week of rapid-fire legal filings, Judge Michael Shipp ruled the sports leagues would suffer irreparable harm if thoroughbred track Monmouth Park began accepting sports bets Sunday as planned."
How?
"Before it's over, the Department of Justice also could weigh in. For now, though, the NCAA, NFL, NBA, NHL and MLB have stopped bettors from legally wagering on their games in New Jersey."
Why? What do they gain? It seems to me, the more people who bet on sports, the better for the leagues.
"Monmouth Park has spent the last month and a half preparing to turn its sport bar and restaurant into a sportsbook. It has hired employees and formed an independent regulation committee, the Independent Sports Association.
The park was expecting thousands of bettors to attend Sunday."
The ruling unequivocally harmed those guys.

No comments:

Post a Comment