\nWe believe the leagues acted in bad faith trying to stop New Jersey from taking advantage of sports betting while at the same time they were pursuing fantasy sports,” Drazin detailed in May. After Shipp handed down his decision, Drazin said an appeal was “in the works.”<\/p>\n<\/blockquote>\n
An appeal was indeed filed, and the case is now going to the Third US Circuit Court of Appeals in Philadelphia. It’s the same court that ruled against New Jersey during its PASPA challenge.<\/p>\n
In August 2016, in a rare “en banc” hearing, the Third Circuit’s bench ruled 9-3 in the NCAA et al.’s favor. The US Supreme Court was New Jersey’s last hope, and though the highest court in the country accepts less than five percent of the cases it’s petitioned, the PASPA challenge was granted.<\/strong><\/span><\/p>\nThe Supreme Court determined in a 6-3 decision that PASPA violated anti-commandeering interpretations of the Tenth Amendment. Writing the majority opinion, Justice Samuel Alito explained, “Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution. PASPA is not. The judgement of the Third Circuit is reversed.”<\/p>\n
Sports Betting Revenues<\/b><\/h2>\n
New Jersey has seven casino sportsbooks in operation, plus two at horse racetracks. There are also seven online sports wagering platforms, and it’s the internet and mobile books taking the majority of bets.<\/p>\n
The nine physical sportsbooks printed $86.34 million in ticket slips last month. Online, bettors wagered $174.37 million. Since the first bet was made in June, sports betting has generated a win of more than $34 million for casinos and racetracks.<\/p>\n","protected":false},"excerpt":{"rendered":"
Attorneys for the Monmouth Park horse racetrack say they aren’t giving up their legal fight to recoup claimed financial losses incurred after the NCAA, NFL, MLB, NBA, and NHL successfully blocked the New Jersey venue from operating a sportsbook back in 2014. A federal judge rejected the lawsuit earlier this month, which was filed by […]<\/p>\n","protected":false},"author":25,"featured_media":93354,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14577,60,16,1074],"tags":[],"acf":[],"yoast_head":"\n
Monmouth Park Appeals Sports Betting Lawsuit, Seeks Financial Damages<\/title>\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