Lawmakers in two states with legal sports betting are enacting laws to lift the ban on sports betting at state athletics colleges. Illinois and New Jersey bills would change this rule for sports players in these states.
According to the report Chicago Sun-Times, The Chamber passed a law that would only allow betting at state colleges at state sports bets. If it were to go through the upper legislature, the bill would go to the desk of Governor JB Pritzker, who could sign it as law.
The current version of the project is a kind of center of the earth. Proponents of the license to bet at state colleges argued that Illinois players are going to neighboring states such as Indiana and Iowa to bet on these games, and allowing it would simply keep Illinois tax revenues.
But opponents argued that allowing it would expose student athletes to harassment and threats from gamblers.
As a compromise, lawmakers agreed that online betting would not be allowed and that wagering would only be allowed on traditional sports betting. The logic behind the compromise was that the retail-only aspect of the bill should be a sufficient obstacle not to be too insane.
In New Jersey the Senate passed SCR
133, which would allow voters to decide if they want to allow sports betting at state colleges. At Garden State, the constitution prohibits gambling at state athletics colleges.
The bill proposes an amendment to the constitution which requires a voting initiative to be passed by the citizens. Now he is moving to the House of Representatives and, if passed, will require the signature of Governor Phil Murphy before citizens can decide the fate of the bill.
If she removes both of these obstacles, New Jersey residents will be able to vote for her in the coming election season. The law gained momentum last year as it passed unanimously through a Senate panel.
New Jersey is already one of the largest sports betting markets in the state. Because PASPA was annulled at the end of May 2018, it is head to head with Nevada for the country's largest bookmaker. Nevada bookmakers accepted $000.5 billion bets at the time, while New Jersey operators took $14.4 billion bets.
A betting permit in the state could push New Jersey to a precipice and make it the largest sports betting market in the nation. Nevada does not have any current restrictions.