skip to Main Content
Irony of Ironies, Christie uses Cannabis Argument to push for legal Sports Betting in NJ

Odds Drop on Sports-Betting Ban As Supreme Court Hears New Jersey Case

At the U.S. Supreme Court on Monday, the justices signaled they may be prepared to strike down the federal ban on sports betting.

Enacted 25 years ago, the law prohibits states from legalizing sports betting, except where it was already legal. That exemption applied to Nevada, Delaware, Montana, Nevada and Oregon.

But now, with estimates of illegal betting running at $150 billion annually, cash-starved states are getting itchy.

The 1992 law was sponsored by former basketball great Bill Bradley, who served three terms in the U.S. Senate. On Monday, New Jersey’s outgoing Gov. Chris Christie carried the banner for getting rid of the Bradley Act.

“If the federal government wants to pass a law to regulate and preempt, they have the right to do that,” Christie said on the steps of the Supreme Court. “They didn’t do that here. They foisted that upon us, on the people of the state of New Jersey, who voted 65 percent in 2011, that they no longer wanted this law.” [Read More @ NPR]

Rob Meagher

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

NY Cannabis Board Issues New Rules Allowing People To Grow Medical Marijuana At Home

New York’s Cannabis Control Board issued regulations Thursday to allow medical marijuana users and their caregivers to grow their own supply at home. The proposal, now open to public comment for 60 days, would permit the cultivation of up to six marijuana plants in a private residence. The regulation will take effect after the commentary…

NY Cannabis Board Issues New Rules Allowing People To Grow Medical Marijuana At Home

New York’s Cannabis Control Board issued regulations Thursday to allow medical marijuana users and their caregivers to grow their own supply at home. The proposal, now open to public comment for 60 days, would permit the cultivation of up to six marijuana plants in a private residence. The regulation will take effect after the commentary…

Florida’s First Black Medical Marijuana License Recipient Will Have to Pay for the Privilege

The process was like the slow burn of a fatty (prescribed for medicinal use only, of course). Last week, five years after Floridians voted to legalize medical marijuana in 2016, state officials announced an “emergency rule” that sets aside one medical marijuana license specifically for a Black farmer. That might seem like a welcome measure to help…

Texas says popular cannabis extract, delta-8, is illegal, sending retailers scrambling

The federal farm bill in 2018 made the substance legal because of its low THC content. Three years after federal legislation removed the marijuana extract known as delta-8 THC from the nation’s list of controlled substances, Texas health officials have put it on its own list of illegal drugs, sending a shockwave through the growing…

More Categories

Back To Top
×Close search
Search