Sports Betting Is Just the Thing to Stop Atlantic City’s Downward Spiral
Even if New Jersey loses its latest bid to tap into the multibillion-dollar sports betting industry, federal legislation could provide an avenue to legalize the activity, two congressmen said Wednesday.
U.S. Reps. Frank LoBiondo and Frank Pallone were in Atlantic City touting the benefits of sports betting and calling for action on two measures that could allow wagering even if the state’s court battle proves unsuccessful.
“The legislative process is a long and tortuous one that we’ve started on. We believe that we can keep generating interest as we move along with our colleagues,” LoBiondo said during a Boardwalk news conference. “If this 3rd Circuit court were to rule in our favor, this makes our jobs much easier. In fact, it eliminates our job and gets us to the finish line a whole lot sooner.”
Jersey approved a sports betting referendum in 2011, but so far such efforts have been blocked by the federal government.