Thursday, February 7, 2008

Legal sports books in Atlantic City - Moishe likes it!

TRENTON - The state Assembly could vote today on a measure to allow sports betting at Atlantic City casinos.

The action comes as slots parlors in Pennsylvania and Delaware are cutting into Atlantic City's business.

A similar measure died in the Legislature's last session, which ended in early January.

Whatever the outcome of the bill, there remains one major obstacle: federal law bars sports gambling everywhere but in Nevada and Congressional action would be needed to allow it in New Jersey.

Supporters of the bill have noted that up to $100 million in bets were placed on Sunday's Super Bowl in Las Vegas casinos.

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