Next Tuesday, NJ Voters to Decide Whether Sports Wagering Amendment (AC/Racetracks) Should be Approved | Bob's Blitz

Next Tuesday, NJ Voters to Decide Whether Sports Wagering Amendment (AC/Racetracks) Should be Approved

CONSTITUTIONAL AMENDMENT AUTHORIZING LEGISLATURE BY LAW TO ALLOW WAGERING ON SPORTS EVENTS AT ATLANTIC CITY CASINOS AND AT HORSE RACETRACKS

Shall the amendment to Article IV, Section VII,
paragraph 2 of the Constitution of the State of New
Jersey, agreed to by the Legislature, providing that it
shall be lawful for the Legislature to authorize by law
wagering at casinos or gambling houses in Atlantic
City and at current or former running and harness
horse racetracks on the results of professional, certain
college, or amateur sport or athletic events, be
approved?

INTERPRETIVE STATEMENT:

A “Yes” vote on this question would allow the
Legislature, when permitted by federal law, to legalize
the placing of bets on certain sports events at casinos,
racetracks, and former racetrack sites. Currently,
federal law only permits this type of betting in Nevada
and Delaware. It also occurs through illegal betting
operations. If legalized in New Jersey, bets could be
placed on professional, college, or amateur sports or
athletic events, except that bets could not be placed on
any college sports or athletic event that takes place in
New Jersey or in which a New Jersey college team is
playing.
Interesting that the interpretive statement includes the 'It also occurs through illegal betting operations' line -- lets you know where they would like you to vote, no? Anyone who has seen Atlantic City as empty as it has been over the past year knows that Pennsylvania's table games and the economy are killing AC. Restaurant after restaurant closing is the most latest sign.

Throw in the $830 million Resorts World Casino New York City that just opened at the Aqueduct racetrack in Queens today and AC is fighting off a TKO.

Vote yes on Tuesday, November 8th.

Every time you take a sip of coffee, think -- gotta check Bob's Blitz. Follow us on Twitter. Subscribe, or Return to Bobs Blitz.com. Unless noted, all pics via PRPhotos.com - Like this post? Google +1 it.