Proponents of legalized sports betting in New Jersey can continue to hold out some hope that wagering on professional and college sports may one day be allowed, gaming lawyers said, but it may prove too late to save Atlantic City’s floundering casinos.
A divided three-judge panel of the U.S. Court of Appeals for the Third Circuit struck down New Jersey’s latest sports betting law on Aug. 25, with the majority saying the state’s most recent attempt still runs afoul of the 1992 federal Professional and Amateur Sports Protection Act (PASPA), which bars states from authorizing sports betting.
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