New Jersey sports betting moved one step closer to reality recently. The State Legislature voted to legalize sports betting, paving the way for casinos and racetracks to take wages and providing the state with a new source of revenue. It is likely a matter of days now before cash can start changing hands at casinos in Atlantic City and at Monmouth Park Racetrack near the Jersey Shore and perhaps take advantage of the global interest in the World Cup, which begins next week, or the National Basketball Association finals. The last remaining hurdle is the signature of Gov. Philip D….

New Jersey has advanced a bill to legalize sports betting but opted not to include integrity measures requested by professional sports leagues in the US. The National Basketball Association (NBA), National Football League (NFL) and Major League Baseball (MLB) have rallied for bills to feature clause whereby the leagues receive a share of gambling revenue. The leagues have said that they require additional funding to expand their anti-corruption efforts now that the US sports betting market is expanding. States are now permitted to legalize sports betting after the Supreme Court voted to repeal the federal 1992 Professional and Amateur Sports…

It won’t be open for another month, but the Ocean Resort Casino in Atlantic City already has booked its first guest. In gaming terms, it has hooked a whale. The William Hill company, the most prolific sportsbook in Vegas, will oversee the Ocean Resort’s sports gambling operations. The Ocean Resort is the former Revel Casino, at the north end of the AC boardwalk. Business is contingent, of course, on the New Jersey legislature’s approval of sports betting, which could come within the next week or so. The floodgates to that process were opened when the U.S. Supreme Court overturned a…

In the wake of a United States Supreme Court ruling, state sports betting regulation is being challenged by major sports leagues that believe gambling should be overseen at the federal level. A statement on Tuesday issued on behalf of four state regulators by the International Center for Gaming Regulation at the University of Nevada, Las Vegas, concludes that “coordinated action among jurisdictions” — states and tribal agencies — is the key to stopping illegal betting and possible corruption of the sports themselves. Although the regulators welcomed “strong support from federal-level enforcement agencies,” they took a direct swipe at the leagues,…

US-based racing, gaming, and online entertainment company, Churchill Downs Incorporated (CDI) has announced that it will be entering the online sports betting sector in the US through two new partnership agreements with SBTech and the Golden Nugget Atlantic City. The agreement between CDI and SBTech will see the later provide an online gaming platform including a consumer website, mobile apps, and back office systems. The aim of the partnership with SBTech is for CDI to enter the online gambling sectors of New Jersey and Pennsylvania, where online gambling and sports betting has already been approved. Mississippi will also be targeted…

Suddenly, all bets are on regarding the future of American sports gambling. A surge in betting caused by the Supreme Court’s lifting of a federal ban on sports wagering is expected to trigger new gaming opportunities and burnish existing sports books in Las Vegas casinos — but also spawn a battle in California among horse-racing tracks, Indian casinos and card clubs as they try to grab a slice of the added action. “We are excited and we are ready to roll on this,” said Ernest Stevens Jr., chairman of the National Indian Gaming Assn., a trade group for Indian casinos….