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GREENWALD: ATLANTIC CITY AGAIN LEFT OUT OF SUPER BOWL PARTY
By drosemanGREENWALD: ATLANTIC CITY AGAIN LEFT OUT
OF SUPER BOWL PARTY
Las Vegas Celebrates Giants' Win with Sold-Out Hotels, Expected $100 Million in Wagers
(VOORHEES) - Assemblyman Louis Greenwald today said Las Vegas' expected windfall from this past weekend's influx of football fans underscores why New Jersey should legalize professional sports gaming so Atlantic City can host its own Super Bowl party.
According to gaming industry experts, Las Vegas' legal sports books were prepared to accept a record-setting $100 million in Super Bowl bets. In addition, city casinos and other businesses scheduled a litany of parties and other activities for Super Bowl weekend visitors.
"Even without having ever hosted an actual Super Bowl game, Las Vegas is again poised to be a big winner from the ultimate football weekend," said Greenwald (D-Camden), sponsor of legislation to legalize sports betting in Atlantic City. "Atlantic City's economy similarly could benefit from a flood of football fans putting down a few bucks on the game and spending money on hotels and dinners."
The Assembly is scheduled to vote Thursday on sports betting legislation (A-1909) Greenwald is sponsoring with Assemblymen Nelson Albano (D-Cumberland/Atlantic/Cape May), John Burzichelli (D-Gloucester), and Paul Moriarty (D-Gloucester). If passed by the Legislature and signed by the Governor, the measure would give New Jersey's voters the ability to decide in a November General Election referendum whether Atlantic City's casinos should be able to accept in-person wagers solely on professional sports.
The state also would have to successfully challenge a federal ban against sports betting in Atlantic City; Nevada is the only state that currently offers sports betting.
"Legal sports betting would strengthen Atlantic City's hand as the East Coast's preeminent gaming destination in the face of stiff competition from nearby slot-parlors," said Greenwald. "It may be the legal equivalent of a 'Hail Mary' pass, but fighting for legalized pro-sports gaming is a play New Jersey can't afford to pass up."
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