Lawmakers made it clear that — having spent years fighting for sports betting — they weren\u2019t about to give away a large chunk of their profits for nothing.<\/p>\n
They fought us for eight years, cost the state of New Jersey millions of dollars, and then the moxy of them to demand a fee,\u201d Caputo countered. <\/span><\/p><\/blockquote>\nHe challenged the leagues to write a check for $9 million on the spot to reimburse New Jersey tax payers the cost of pursuing sports betting through the courts.<\/span><\/p>\n“You guys are in it for the money,” Caputo added. “You’re not in it to protect anybody This is hypocrisy.”<\/p>\n
The leagues left without their fee, and the Garden State\u2019s sports betting bills were sent hurtling towards the finish line.<\/p>\n
Not in a New York Minute<\/h2>\n
The leagues may have more luck in New York State, where there are more issues yet to be tackled. Lawmakers have just two weeks before the legislative session ends to get the job done.<\/p>\n
\n
Senator John Bonacic\u2019s (R-42nd) bill approves a .25 percent integrity fee, and this time, the MLB sent former Yankees manager Joe Torre to Albany to urge lawmakers to pass the bill quickly, before they could change their minds.<\/span><\/p>\n<\/div>\nOn Monday, Assemblyman Gary Pretlow (D-89th) introduced his version of the bill, which proposes a so-called \u201croyalty fee,\u201d payable by casinos to the leagues.<\/p>\n
But New York Governor Andrew Cuomo has expressed doubts that the state can legalize a complex matter like sports betting this year at all.<\/p>\n
“Nothing’s going to happen this year, because there’s literally just a number of days left in the legislative session,” he said recently.<\/p>\n","protected":false},"excerpt":{"rendered":"
Identical New Jersey sports betting bills moved through the appropriations committees of their respective chambers on Monday, and are now expected to pass the full legislature on Thursday. Assemblyman Ralph Caputo (D-Belleville) told the New York Post it was \u201ca watershed moment.\u201d Monmouth Park race track is chomping at the bit to open its sports […]<\/p>\n","protected":false},"author":36,"featured_media":79658,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11,13,61,1074],"tags":[],"acf":[],"yoast_head":"\n
New Jersey Sports Betting Bills on Track to Pass Thursday<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n