Christie Advances Sports-Betting Plan in Face of Federal Ban

[jaxx]

Christie Advances Sports-Betting Plan in Face of Federal Ban
By Terrence Dopp - May 24, 2012 4:22 PM CT

New Jersey Governor Chris Christie said he’ll move ahead with plans to legalize sports betting at casinos and racetracks by November even as he faces a possible legal challenge from the federal government.

Christie, 49, a first-term Republican, told reporters today in Atlantic City that his administration will propose regulations next week authorizing sports-book wagering in Atlantic City and at horse tracks.

<..> The federal government has outlawed the expansion of sports wagering under a 1992 moratorium that restricted it to Nevada, Delaware, Montana and Oregon. Christie signed a bill in January allowing the state to move ahead with the plan.

“We intend to go forward and allow sports gambling to happen,” Christie said. “If someone wants to stop us, then they’ll have to take action to try and stop us.”

http://www.bloomberg.com/news/2012-05-24...l-ban.html

Hmmm will this be a job creator? Bookies and gangs with their territories. Didn't we see this back in the good ol days?