November 16, 2007 - 3:16pm
Press Release

Want access to post press releases? To sign up, use this form. You must be logged in.

Van Drew: A.C. Sports-Book Arrests Strengthen Case for Legal Sports Betting

Assembly Democrats News Release

VAN DREW: A.C. SPORTS-BOOK ARRESTS
STRENGTHEN CASE FOR LEGAL SPORTS BETTING

(TRENTON) - The break-up this week of a multi-million-dollar illegal sports-betting ring operated out of one of Atlantic City's casinos strengthens the case for authorizing sports betting at the city's gaming halls, says Assemblyman Jeff Van Drew.

"Legal, carefully regulated sports betting would protect casinos and give Atlantic City a competitive edge against encroaching out-of-state competition," said Van Drew (D-Cape May/Atlantic/Cumberland).  "It is time we took our heads out of Atlantic City's sand and recognized the current prohibition against sports wagering only emboldens criminals.  Anyone who believes otherwise is not dealing in reality."

On Wednesday, state Attorney General Anne Milgram announced charges against 23 individuals in connection with a $22 million illegal sports-betting ring operated out of a poker room at Atlantic City's Borgata Hotel Casino & Spa. Among those charged in "Operation High Roller" were four men with ties to organized crime in Philadelphia, in addition to several casino employees.

Van Drew is prime sponsor of legislation (A-1046) to allow New Jersey voters to decide whether the state should permit sports betting.  If approved by referendum, licensed casinos would be able to accept in-person wagers solely on professional sports.  Betting on amateur sports, such as collegiate football, would remain illegal.  The bill would make the Casino Control Commission responsible for overseeing sports-betting activities. It also is sponsored by Assemblymen Louis Greenwald (D-Camden), Paul Moriarty (D-Gloucester/Camden), and Jim Whelan (D-Atlantic).

Van Drew said legalized sports wagering would raise Atlantic City's profile as a gaming destination and protect the resort from increased competition from out-of-state casinos and slot machine parlors.

"Allowing sports gaming in an open, honest, and carefully regulated environment would protect our casinos and benefit the economy of Atlantic City, not the mobsters and criminals who currently hold the sports-book monopoly," said Van Drew.

--30--

DROSEMAN can be reached via email at droseman@njleg.org.