Hump Day Report: Sports Betting
Rants and raves about burning topics that have caught my attention midweek, be it greedy corporate shenanigans, frustration or joy in regards to the Philly sports teams, a movie or DVD that has fired up my imagination, an intriguing personality, or my on-going battle to lose weight in our fast food world. — Lori Hoffman, Associate Editor, Atlantic City Weekly
Atlantic City dodged a bullet when a three-judge panel of the U.S. Court of Appeals for the Third Circuit in Philadelphia ruled Monday in favor of four professional leagues and the NCAA that Delaware’s plans to add single-game sports betting violated a 1992 federal ban on sports gambling.
Delaware had sports gaming back when it was banned everywhere but Nevada, and is one of four states that could have limited sports wagering despite the federal ban. However, it was parlay style bets that were allowed back in the day, a bet on two or more games, and the bettor must be correct on every game to win the wager. This style of wagering did so poorly Delaware shut it down. The state was hoping to expand the sports betting revival with the ability to bet on individual games, but the courts did not side with them.
What’s bad for the state of Delaware is really good news for the state of New Jersey and Atlantic City. The city is hurting enough from waging competition in Delaware and Pennsylvania, and if Delaware could take single game bets, it might have been devastating for AC town.
New Jersey dropped the ball when it had a previous opportunity to legalize sports betting. The state is trying to make up for its shortsightedness by filing a lawsuit to get the federal ban on sports wagering overturned. That is the state’s only chance to add sports wagering to the casino’s current off track betting race books. For the record the law is known as the federal Professional and Amateur Sports Protection Act.
As this battle continues, the biggest winners are the illegal bookies, who no longer have to worry about losing business in Delaware to legalized betting on the National Football League.
Tags: Delaware sports betting