All fifty states have lifted the ban for sports betting on Monday.  The U.S. Supreme Court created the federal ban that has lasted more than a quarter of a century.  

"I am thrilled to see the Supreme Court finally side with New Jersey and strike down the arbitrary ban on sports betting imposed by Congress decades ago," Governor Murphy said. "I look forward to working with the legislature to enact a law authorizing and regulating sports betting in the very near future."

"This will attract a younger generation of folks to go to Atlantic City and stay there," said former state Sen. Raymond Lesniak, D-Union, who led the fight in Trenton to legalize supports betting.

Geoff Freeman, president and chief executive of the American Gaming Association believes that this will be beneficial to the economy of New Jersey and Atlantic city.  He said that the betting market will protect consumers and hopefully motivate law enforcement to fight illegal gambling.

The new sports gambling law requires the safety and integrity of sports and the gamblers.


Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance.

 get a quote online today


Posted 2:00 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

View Mobile Version
© Copyright. All rights reserved.
Powered by Insurance Website Builder