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‘WHY NOT?’ FORMER GOV. CHRISTIE BACKS ELECTION BETTING IN NEW JERSEY

New Jersey gaming regulators have sanctioned gambling on the Oscars and Emmys at 2019. Could a federal or state election be next?
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 that the all-clear to accept wagers on the 2019 Oscars before the February event. Many NJ sportsbooks posted Oscars chances, which makes them the first US sports gambling operators to take bets.
The DGE gave NJ sportsbooks that the past month that was OK to accept stakes on the Emmys. Nevertheless, it is not a promise that Oscars gambling will return in 2020, let alone elections betting.
No more US gambling regulator has ever sanctioned gambling on elections. But, election gambling has been going on for a long time in the united kingdom.
According to this, Christie said there is no reason it can not occur in the authorized and regulated betting markets at home. Considering it is already happening in the black market.
You have noticed (election betting) go on in Great Britain for a long time, he explained. I really dont see why, again, if the authorities think that they can manage it in a means thats appropriate, people are doing this stuff anyhow.
However, is gambling on the elections something the DGE would, in fact, let? Indeed, before any other website or DraftKings Sportsbook can offer those odds, the function must be approved by the DGE. This is comparable to what regulators did earlier Oscars chances were on the board earlier this year.
In February, stakes on the Oscars were accessible at a NJ sports betting websites. There were also fluctuations in the categories allowed or contained in the betting.
Furthermore, a swing in the Oscars odds for Best Director elevated eyebrows in the community. The issue resulted in just the original favorite to win the Oscar.
Even so, the DGE stated that to gambling on the Oscars in the 21, it was not going to commit. 2019 wasalso, in its own way, a trial run.
Christie functioned as the governor of NJ from 2010 to 2018.?? He has been widely lauded for his character in New Jerseys successful effort to overturn the Professional and Amateur Sports Protection Act (PASPA).
Earlier this season, Christie was inducted in the Sports Betting Hall of Fame based on his attempts. Hes been a vocal proponent of sport.
In 2015, Christie declared his intention to seek the Republican nomination. He then endorsed President Donald Trump and dropped from the race February 2016. Christie headed Trumps transition planning staff.
After reaching the state he abandoned the sheriffs office in the conclusion of his next semester at January 2018. The authorized NJ sports marketplace launched.

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