‘WHY NOT?’ FORMER GOV. CHRISTIE BACKS ELECTION BETTING IN NEW JERSEY
New Jersey gaming regulators have already sanctioned betting on the Oscars and Emmys in 2019. Can a national or state election be following?
Speaking to reporters after his keynote address at the Global Gaming Expo in Las Vegas on Tuesday, former New Jersey Gov. Chris Christie stated he does not see why not.
The NJ Division of Gaming Enforcement (DGE) gave NJ sportsbooks the all-clear to take wagers on the 2019 Oscars before the February event. Many NJ sportsbooks published Oscars odds, which makes them the regulated US sports gambling operators to accept bets on the Academy Awards.
The DGE gave NJ sportsbooks that the OK to take stakes previous month. But it is not a promise that Oscars betting will return in 2020 elections betting.
No more US gambling regulator has sanctioned gambling on elections. But, election has been going on for several years in the UK.
According to that, Christie said there is no reason it cant happen in the authorized and controlled gambling markets here at home. Especially considering its already happening from the market.
Youve seen (election betting) proceed in Great Britain for a long time, he explained. I dont find why, again, if the regulators think they can handle it in a way thats appropriate, individuals do this stuff anyway.
However, is gambling? Before any other website or DraftKings Sportsbook can provide those chances, the DGE should accept the occasion. This is very similar to what regulators did before Oscars odds were to the board earlier this year.
In February, bets around the Oscars were available at a NJ sports betting websites. There have been also fluctuations in the classes allowed or included in the betting.
Furthermore, a swing in the Oscars odds for the best Director raised eyebrows from the community. The concern resulted in just the original preferred, Alfonso Cuaron, to win the Oscar.
The DGE explained that it was not likely to perpetrate gambling later on on the Oscars. 2019 was, in its way, a trial run.
Christie functioned as the governor of NJ from 2010 to 2018.?? He has been widely lauded for his job in New Jerseys successful attempt to overthrow the Professional and Amateur Sports Protection Act (PASPA).
Earlier this year, Christie was inducted in the Sports Betting Hall of Fame based on his attempts. He has become a proponent of sport betting for ages.
In 2015, Christie announced his intention to seek the Republican nomination from the 2016 election. He dropped from the race February 2016 and after endorsed President Donald Trump. Trumps transition planning team was also led by christie.
After reaching the nations eight-year 23, he left the sheriffs office in the conclusion of his second semester at January 2018. The legal NJ sports market launched.