Borgata Casino is inches close to building Atlantic City’s first sportsbook. This is happening at a time the US Supreme Court of Justice is about to make a ruling.
The Marina District MGM property was the first one to announce a sportsbook. But it is not the last one. Many will come from different sides.
MGM vice president was breaking the news about the plan early this week. This was during the Sports Betting USA Conference in New York City.
After the meeting in New York City, Rood is now in Atlantic City. This is the site where they will build the first sportsbook.
Remember that many things are happening very fast in Atlantic City. In 2011 people were exercising their right to vote in a new law. They passed it thus New Jersey sports betting is now legal?That is from 2012.
The cost of the sportsbook at the Monmouth Park is $1 million. Governor Chris Christie is supporting the sportsbook.
Various lawsuits are currently pushing matters out of the way. NFL, NBA, NHL, MLB and NCAA are all against the project. Because of this the sportsbook’s ground floor is paralyzed.
Dennis Drazin has confirmed that the place will be open to the public. The time for opening is very soon. Dennis is eager to see the sportsbook make money.
But even after planning to open a sportsbook, space is a challenge. Officials at the William Hill have a feeling that the place isn’t enough. They expect many visitors.
They will expand the place to accommodate the crowd. That is only if sports betting will be legal in the state.
US Supreme Court has scheduled to hear oral arguments. The set date is on December 4. But the ruling of the case will be done sometime before June 2018.
The battle of the law is whether PASPA acts in violation of the law. There is the Tenth Amendment, which judges will closely look. In this, the federal government has powers of deciding.
It is not mandatory for states to impose certain laws. That is according to the Tenth Amendment. This is what gaming investors are anticipating.
Surprisingly, that is what PASPA does. It is asking 46 states to ban sports betting. The remaining four states allow sports betting. They are Delaware, Oregon, Montana, and Nevada.
The four states have sports betting in their jurisdictions since 1992. But the kind of sports betting that now takes place is different.
Does the ruling make better odds? One writer says the possibility of the US Supreme court deciding with the Borgata casino is -100. Others are saying William Hill will not force Borgata to put in the money.