The Golden Nugget, Resorts Casino and Caesars Entertainment came under fire last year after it was discovered they had enabled wagers to be placed on school matches. The Golden Nugget and Resorts Casino had obtained stakes on two soccer games — Princeton vs. Columbia and Rutgers vs. Indiana — and Resorts was also busted for accepting bets on a different soccer game, as well as a men’s basketball game. Caesars was introduced with a $2,000 fine for allowing bets on a Rutgers vs. Kansas football match.
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Although New Jersey continues to be liberal with its sports betting regulations, it is still prohibited for sportsbooks to allow bets on college-level sporting occasions. Some operators have already gotten in trouble after they have been found to have allowed wagers to be placed on several off-limits school games, and lawmakers from the country are prepared to try to avoid the action from recurring. They’re said to be considering the fines that are associated with offenses.
The lawmaker is not opposed to permitting bets on sports events, given it is approved through legal channels. He claims,”All I say is that it might have to go through the right procedure.”
According to NJ Online Gambling , Ralph Caputo, a state Assemblyman in Essex County, would love to find that the fine increase from its present $2,000 level to between $20,000 and $100,000. He advised the media outlet yesterday,”It is insulting, really, for any of them to ignore the clear will of exactly what the people voted . The Division of Gaming Enforcement does a terrific job, but all they have now is a slap on the wrist”
Caputo points to the 2011 ballot question regarding sports bets in order to show what voters in the country desired. That question read,”This constitutional amendment will authorize the Legislature to pass legislation allowing sports wagering at Atlantic City casinos and in racetracks. Wagers can be placed on specialist, certain faculty, or amateur sport or athletic events. However, wagers weren’t able to be put on school games that occur in New Jersey or in which a New Jersey school team participates regardless of where the match occurs. A bet could be placed at a casino or racetrack either on site or from any other place through an account wagering system that uses telephone, Web or other means.”
Caesars weakly attempted to attribute a computer glitch for those bets being allowed. However, the company was saved, as today wagers were actually placed.
Even Caputo doesn’t buy the”computer glitch” excuse and most likely realizes that a $2,000 fine for a business that made more than $4 billion in 2017 is laughable. His bill was unanimously accepted through an event committee meeting last Thursday and today continues its trek throughout the legislative paths.
