No N.J. sports betting yet, but Murphy insists he’s not ‘sitting on it’

Gov. Phil Murphy said Friday he doesn’t have a timetable for when he’ll act on a bill that would authorize legal sports betting in New Jersey a but he insisted he’s not “sitting on it.”

“I want sports betting,” Murphy said during a news conference in New Brunswick. “Believe me a I want to place the first bet in New Jersey if I can. But we want to make sure we do it right. We just got the bill. We’re going through it, and we’re not gonna sit on it.”

“We’re going to have sports betting sooner than later in New Jersey,” he added. “We’re really excited about that.”

The fate of New Jersey sports betting is now in Murphy’s hands after both houses of the state Legislature voted overwhelmingly Thursday to pass the bill, which would regulate and tax such wagering online and in person at the Garden State’s casinos and racetracks.

The vote came less than a month after the U.S. Supreme Court handed New Jersey a victory in its seven-year, $9 million case to legalize betting on sports games.

Murphy now has 45 days to either sign or veto the legislation. Asked if he’ll take all 45 days to act, Murphy said: “I sure as heck would hope not.”

No sports betting in N.J. until Murphy says so

Lawmakers from both political parties are asking Murphy to act quickly a not only because New Jersey has already waited years for this but because the Supreme Court allowed states around the U.S. to legalize such betting, situs judi bola and legislators here want to capitalize on the tax revenue as soon as possible.

State Assemblywoman Serena DiMaso, R-Monmouth, said New Jersey is about to miss out on “a really big weekend for sports.” The Belmont Stakes, NBA Finals, Mets vs. Yankees Subway Series, French Open and more are on the schedule.

“That is a huge missed opportunity and an even bigger loss for our gambling industry,” DiMaso added.

Assembly Minority Leader Jon Bramnick, R-Union, also called on Murphy to sign the bill immediately.

“Let’s not play politics after years of hard-fought litigation,” Bramnick said. “The state is losing revenue every day we wait.”

But Murphy said he’s not going to “change my stripes just because it’s a big weekend.”

Then there’s the issue of Monmouth Park. Officials at the Oceanport racetrack say their long-awaited sports betting operation is ready to go. And lawmakers stripped out language from the bill that would have penalized casinos and tracks if they started betting before Murphy signs the measure into law

2019 NBA Championship Odds: Warriors Betting Favorites, LeBron Decision Looms

Nathaniel S. Butler Images

The future of likely free agent LeBron James will again dictate the futures odds market for the NBA this offseason if he opts out of the final year of his current contract with the Cleveland Cavaliers as expected by June 29.

Where James will ultimately end up remains to be seen, but sportsbooks monitored by OddsShark have been cautious with their 2019 NBA championship odds in anticipation that he could sign with one of a few different teams.

Regardless, the two-time defending NBA champion Golden State Warriors top the betting board as 25 favorites wager $100 to win $125 to win their third title in a row, something that has not been accomplished since the Los Angeles Lakers completed their three-peat back in 2002.

The Lakers are listed as one of the top suitors on the LeBron James 2018-19 team odds in an effort to return to relevance in the Western Conference next season.

Los Angeles has cleared enough salary-cap space to make a run at James and perhaps another star player like Paul George, agen sbobet who has been speculated to be headed there since his days with the Indiana Pacers. George was dealt to the Oklahoma City Thunder from the Pacers prior to last season and can opt out of his deal there as well to become a free agent.

The Lakers are 600 to win the 2019 NBA championship, the fifth choice on the board behind the Warriors, Houston Rockets +400, Philadelphia 76ers +450 and Boston Celtics +600 and ahead of the Cavaliers and San Antonio Spurs both +2500.

The 76ers and Celtics would obviously benefit the most in the Eastern Conference if James defects to the West, although the former is still hoping to make a solid bid for his services to put them over the top. Meanwhile, the latter should be the team to beat in the East if James leaves Cleveland and Kyrie Irving and Gordon Hayward stay healthy.

The Rockets are the other intriguing contender that could land James, potentially forming a “Big Three” featuring him, James Harden and another unrestricted free agent that they could re-sign in Chris Paul.

James would seem to have a much better shot to win another championship in Houston compared to Los Angeles depending on who else the Lakers could lure, such as George or possibly Kawhi Leonard of the Spurs via trade.

For more odds information, betting picks and a breakdown of this week’s top sports betting news check out the OddsShark podcast with Jon Campbell and Andrew Avery. Subscribe on iTunes or listen to it at OddsShark.libsynm.

New Jersey’s new sports betting bill doesn’t bode well for esports

The revised sports betting bill in New Jersey includes a paragraph that restricts esports betting to particular circumstances throwing a wet squid over the initial excitement created by the esports betting community.

Politics.

I’m not a fan.

I can’t play the game.

I have zero patience.

In the 90s I was one-third of the managerial contingent that negotiated The New Deal for Traincrew revisions. Sat across the table from the three of us were the wise old owls of the Associated Society of Locomotive Engineers and Firemen ASLEF, one of the most notorious trade unions in the UK.

We represented our CEO.

They represented their members.

All of us had a pressing need to agree to anything.

One thing I learned throughout those months was the art of confusion. Whenever there was a disagreement between both parties, each would meet in the middle with a form of words that was so ambiguous that the people on the ground, responsible for implementing the new revisions, would be fighting for eternity on the point of interpretation. Management would argue it meant ‘x’, and the union would argue it meant ‘y’ – but a deal was signed.

Has a similar thing happened with esports in New Jersey?

New Jersey Sports Betting Legislation to Omit Esports

On May 14, the Supreme Court voted in favour of overturning the 1992 Professional and Amateur Sports Protection Act S, agen piala dunia thereby giving states the ability to create laws to legalise and license sports betting. The gambling community fired rockets into the sky including those involved in the newly formed esports betting markets.

First off the mark was Delaware.

Small change.

Coming up on the rear are the slightly bigger thighs of New Jersey, and it seems that esports operators are going to be left haggling over a point of interpretation because the revised bill that sits before NJ Gov. Phil Murphy contains wording that could jeopardise betting on esports in the state.

Here is the paragraph that’s causing all the controversy:

“A prohibited sports event includes all high school sports events, electronic sports, and competitive video games but does not include international sports events in which persons under age 18 make up a minority of the participants.”

I would assume because of the vagueness of the paragraph that its inclusion is to appease the ‘for’ and ‘against’ arguments for esports’ inclusion in the bill. Maybe the key goal of the bill creators is to get ‘anything’ passed as soon as possible, as it seems apparent that some of those holding court believe playing professional video games is child’s play.