"After a slow start, Pennsylvania casinos are poised to challenge New Jersey's current East Coast internet betting hegemony, if not this year certainly by 2022," industry analyst Anthony Marino told New Jersey 101.5.
Laws and rules prohibiting sports betting at New Jersey's casinos and racetracks would be partially repealed under a bill approved Oct. 14 by the state Senate. The full Assembly is scheduled to vote on it Thursday.
The NFL season is in full swing and the World Series is right around the corner, but New Jerseyans who want to place sports bets still can't do it legally in the Garden State. The state is waging a battle in the courts seeking to legalize sports betting in Atlantic City's casinos and at racetracks. A decision is expected soon.
A federal judge on Thursday upheld a 21-year-old law prohibiting sports betting in 46 of 50 states, dealing a setback to New Jersey's attempts to revive its struggling casino industry by grabbing a piece of what has become a multibillion-dollar industry, both legal and illegal.