TENTON, N.J. — A federal judge ruled Friday night that New Jersey cannot partially lift a prohibition on sports betting in an effort to boost its struggling horse racing and casino industries, a finding Gov. Chris Christie’s administration intends to appeal.
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TRENTON, N.J. — New Jersey could drop its ban on betting on sports entirely, but it cannot legally set conditions as it ends the prohibition, a lawyer for the NCAA and four major sports leagues told a federal judge Thursday.
Nevada’s virtual monopoly on legalized sports wagering could be in danger. But that isn’t necessarily bad for business.