Monday, March 30, 2009

Sports Gambling in New Jersey

I have received another request from a loyal reader as to what I should write about on this blog. The topic is whether sports gambling should be legalized in New Jersey. As far as I know, Nevada is the only place in the country where one can actually go and make a bet on a sporting event. There is certainly talk in New Jersey about making it legal to bet on sporting events and I am completely in favor of it for two reasons that immediately come to mind. First of all, New Jersey, like many other states, is suffering a financial crisis the likes of which have not been seen in quite some time. Allowing people to bet on sporting events would increase revenue and bolster the state's finances. Second, efforts are being made to turn Atlantic City into an East Coast version of Las Vegas. While improvements to hotels have been made, Las Vegas is still light years ahead of Atlantic City. For a gambler, one of the appeals that Las Vegas has over Atlantic City is that one is able to bet on sporting events while in Las Vegas but cannot do so in Atlantic City. If Atlantic City is going to be an equal to Las Vegas, the betting opportunities have to be the same. Those are my thoughts for today.

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