A new gambling platform approved by Nevada regulators Thursday will further blur the lines between traditional sports betting and fantasy sports contests, an industry that insists its games are not gambling in the face of legal challenges across the country.
In a bid to boost state revenues and help Atlantic City casinos and state racetracks, New Jersey has been pushing for years to legalize sports betting at AC gaming halls and racetracks.
A U.S. appeals court wondered aloud if New Jersey would become "the Wild East," if not "the Wild West," if it allows sports betting at racetracks and casinos but leaves the industry to police itself.
Millions of New Jerseyans will watch Super Bowl 50 between the Carolina Panthers and Denver Broncos, but some won't be enjoying the action. They'll be biting their nails over bets they placed on the game.
Daily fantasy sports operators raised objections Tuesday to some of the regulations proposed for the online contests in Massachusetts, including a minimum 21-year-old age and restrictions on how much players can spend each month.
Senator Ray Lesniak, the man who was labeled as one of the best dressed NJ politicians, joined me on air this morning to discuss the ongoing battle to bring sports betting to New Jersey.
State Senator Ray Lesniak has been the leading voice to bring sports betting to New Jersey. Though he and Bill Spadea don't always agree on politics, they both have similar perspective when it comes to legalizing sports betting.