Atlantic City Status

[BillyJoe]

[quote="wiki"]The Professional and Amateur Sports Protection Act of 1992 (Pub.L. 102–559), also known as the "Bradley Act," attempts to define the legal status of sports betting throughout the United States. This act effectively outlawed sports betting nationwide, excluding a few states.

The sports lotteries conducted in Oregon, Delaware, and Montana were exempt, as well as the licensed sports pools in Nevada. In addition, Congress provided a one-year window of opportunity from the effective date of PASPA (January 1, 1993) for states which operated licensed casino gaming for the previous ten-year period to pass laws permitting sports wagering. The latter exception was clearly crafted with New Jersey in mind. However, New Jersey failed to take advantage of this opportunity and carve out an exception for itself. Also excluded from the reach of PASPA are jai alai and parimutuel horse and dog racing.

Wow New Jersey, are you the stupidest damn state in America? However, I could see this law eventually being overturned given the change in gaming views for the last 20 years.

[/QUOTE]
Well, give them a while. The Feds, in 2006, just stopped taxing all phone bills in the US, a 3% tax put in place in 1898, to help pay for the Spanish-American war. Things do take time.

[JIMDUECE`SWILD]

As long as Sen. Harry Reid is in office. That law will not be overturned.

[Tedlark]

  I agree billyjoe, it does take time. It's still illegal to fly a kite in the City of Chicago.

[pokerforme]

Well that certainly takes all the air out of "go fly a kite"

[Tedlark]

Well that certainly takes all the air out of "go fly a kite"
   Nah, just slip the cop a 20 and he'll look the other way.

[BillyJoe]

[QUOTE=pokerforme]Well that certainly takes all the air out of "go fly a kite"
   Nah, just slip the cop a 20 and he'll look the other way.[/QUOTE]
That's why I LOVE Chicago - there is a way around everything.

[BillyJoe]

[QUOTE=billyjoe]  I do not know the numbers of the clientele demographics, but I would guess that many AC customers come from New York. I believe that when the new NY casinos are fully up and running, it will REALLY hurt AC.

I hope they come up with a successful strategy to deal with the competition. Perhaps some State Tax relief for out-of-state players may work. that's a good first step, but they need more than that:1)  Legalize sports betting....this is the most obvious, and most frustrating feature to this whole debate.    There is no reason on earth, other than to protect the Sopranos, to NOT have legalized sports betting in New Jersey, and the AC casinos would benefit in a HUGE way....it would literally solve their biggest problem, getting people to show up during the cold winter months (i.e FOOTBALL season) when their revenues plunge.    The reasons for denying it to AC are truly absurd, and I do not want to get into them but if anyone is interested, just google the issue....by the way, DELAWARE has legalized sports betting and is not doing squat with it!     again.....ABSURD![/QUOTE]
Well, there goes that idea...

N.J. Gov. Chris Christie vetoed a bill that would have allowed sports betting in the state, citing a desire to find a way to allow the practice but in compliance with the federal law that bans the practice in all but four states. Some state lawmakers said Christie missed an opportunity to shore up sagging revenues in Atlantic City, N.J. The Star-Ledger (Newark, N.J.) (8/9)

[DaBurglar]

  Well, there goes that idea...

N.J. Gov. Chris Christie vetoed a bill that would have allowed sports betting in the state, citing a desire to find a way to allow the practice but in compliance with the federal law that bans the practice in all but four states. Some state lawmakers said Christie missed an opportunity to shore up sagging revenues in Atlantic City, N.J. The Star-Ledger (Newark, N.J.) (8/9) wtf???? wow     this blows my mind, as well as makes almost zero sense, unless (as is usually the case) Christie "owes" someone on the other side of the issue that we know nothing about....!  It was not long ago that Chrisite was ready to take on the federal government to get this absurd law revised to allow New Jersey to have sports betting.   What changed?  i.e. ---> Some major concern, or company, or group of companies that  DO NOT want expanded sports betting somehow "convinced" Christie to curtail the fight.....In speaking with many AC casino employees over the past several years, this is one area (sports betting) where there is universal agreement that it would HELP AC to at least survive intact a while longer without further closures or casualties.....this whole situation stinks.

[Eduardo]

.....this whole situation stinks.

It's hard to know until Christie puts his arms down.

[DaBurglar]

[QUOTE=DaBurglar]
.....this whole situation stinks.

It's hard to know until Christie puts his arms down.[/QUOTE]now that's funny.....    You should have seen the protest and support rally(ies) that was held on the boardwalk, all last week (August 4 thru 8).....they had pictures and signs of Christie in various unflattering (and funny) poses and mock-ups.    My favorite was a sign that read "CHRISTIE  BAIT"  and had a enlarged photo of Christie making a facial expression that indicated a extreme case of Hunger, and next to the photo the protester rigged a large fish hook with a Large plastic donut and large Ice Cream cone replica.  Hey  Eduardo, I appreciate your sense of humor, even when I am the target!