Sports Law Blog
All things legal relating
to the sports world...
Monday, April 30, 2012
 
"Dear Colleague" Letter Regarding PASPA

On April 26, 2012, U.S. Congressmen Frank Pallone and Frank Lobiondo (both from New Jersey) released a "Dear Colleague" letter explaining the impetus for the two bills they recently introduced pertaining to PASPA, the 1992 federal statute prohibiting state-sponsored sports gambling in all jurisdictions except Nevada, Montana, Delaware, and Oregon. An excerpt from the letter is below:

"We have developed two separate, but equally effective, pathways toward the same goal of bringing sports gaming and the economic benefits it yields to the State of New Jersey. The New Jersey Betting and Equal Treatment Act of 2012 (NJ BET Act), H.R. 3081, provides New Jersey with an exemption to the federal prohibition [in PASPA]. It allows state law in New Jersey to determine how sports betting will be regulated within the state. The Sports Gaming Opportunity Act of 2012, H.R. 3797, opens a window in which states can enact alaw providing for sports gambling within their state until January 1, 2016,after which the federal prohibition [in PASPA] against states allowing sportsgambling would go back into place."

The full letter can be found here.





1 Comments:

"bringing sports gaming and the economic benefits it yields to the State of New Jersey"

I assume they mean "bringing taxes on sports gaming."

What they mean by "the economic benefits it yields" is left as an exercise, since transfer payments are not, the last time I checked, economic benefits when they go toward those whose propensity to spend is reduced.

The legendary analyst at Janey Montgomery Scott who correctly observed that "Atlantic City is a drab and dreary place in the winter" (and was fired for saying so at Donald Trump's urging--after which The Donald filed bankruptcy on his AC properties at least twice)will, if the legislation passes, have two demonstrated "miracles," and should be canonized Real Soon Now.

Blogger Ken Houghton -- 4/30/2012 9:01 AM  


Post a Comment