TRENTON — An Assembly panel plans to vote today on a bill that would allow electronic betting on horse racing in New Jersey. The bill puts the New Jersey Sports and Exposition Authority in charge of establishing a betting exchange through which bettors would place wagers. Bettors would have to prove they are residents of the state. Federal laws...
Jockey Robbie Albarado, left, celebrates after riding Curlin to victory in the Breeders Cup Classic horse race at Monmouth Park race track.TRENTON — An Assembly panel plans to vote today on a bill that would allow electronic betting on horse racing in New Jersey.
The bill puts the New Jersey Sports and Exposition Authority in charge of establishing a betting exchange through which bettors would place wagers.
Bettors would have to prove they are residents of the state. Federal laws prohibit Internet wagering in all states.
If approved by the panel, the bill would need to be voted on by the full Assembly and Senate.
Previous Coverage:
• Atlantic City casinos oppose sports and internet betting
• N.J. Senate to vote on adding sports betting at casinos, racetracks
• FDU poll finds opposition to internet, sports betting
• N.J. Senate committee approves sports betting constitutional amendment vote
• N.J. Assembly panel to consider law allowing sports betting