SBD/October 16, 2012/Colleges

NCAA Pulls Five Championships From New Jersey Over Adopted Gambling Regulations

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The NCAA will "relocate five championships from New Jersey after the state adopted regulations for sports wagering at racetracks and Atlantic City casinos," according to Erik Matuszewski of BLOOMBERG NEWS. NCAA rules do not allow any championship event "in a state with legal wagering that's based on single-game betting involving a point spread or money line." Sports gambling is still prohibited in New Jersey, but the state "has filed a lawsuit challenging the ban." The actions yesterday by the New Jersey Division of Gaming Enforcement allows casinos and racetracks "to apply for licenses to provide sports wagering" beginning Jan. 9. The applications cost $50,000. The events being moved next year include "regionals for the Division I men's and women's swimming and diving championships in Piscataway, and early-round games for the Division I women's basketball championship in Trenton." Additionally, the Division III men's volleyball championship "will also be relocated from Hoboken, as will the 2013 Division II and III women's lacrosse championships in Montclair" (BLOOMBERG NEWS, 10/16). The AP's Wayne Parry noted the Jan. 9 date is "about a month later" than the state had originally intended. State Sen. Raymond Lesniak, one of the "leading advocates of sports betting in New Jersey, voiced little concern” over the lawsuit (AP, 10/15). Meanwhile, in New Jersey, John Brennan wrote the Giants’ and Jets’ Dec. 30 regular-season finish “means that if either team plays in the wild card round, there could be no bets placed on them legally in New Jersey.” Brennan: “Of course, just because the state MIGHT issue licenses after Jan. 9 doesn’t mean they will -- or that they even will have a choice.” Brennan noted in addition to the application fee there is a “resubmission fee of $50,000 every five years” (NORTHJERSEY.com, 10/15).

BETTING ON THE PASS LINE: In Maryland, Tim Prudente noted a committee “lobbying to expand gambling in Maryland pledged to give the Washington Redskins $450,000 on Oct. 1.” The next day, Redskins President of Business Operations Dennis Greene “praised plans for a casino to open in Prince George’s County.” Greene said that he “felt obligated to support expanded gaming in the state because it would create jobs and bolster school funding.” Greene “didn’t mention the committee, called For Maryland Jobs and Schools, had offered up nearly a half million dollars to the team.” The committee also “spent at least $15.9 million on advertising as it works to convince Maryland voters to support Question 7, which would legalize Las Vegas-style table games, such as blackjack, and permit a casino to open in Prince George’s County” (Annapolis CAPITAL GAZETTE, 10/13). Meanwhile, in Baltimore, Chris Korman reports “more than $26 million -- 7 percent of all revenue from slots in Maryland -- has been pumped into racing purses at the state's tracks over the last two years.” Leaders in the Maryland horse racing industry have been “consumed by efforts to craft a long-term plan for their sport.” Maryland Thoroughbred Horsemen's Association General Counsel Alan Foreman said that “representatives from the horsemen's association and the Maryland Jockey Club -- which owns Pimlico and Laurel -- have worked to craft a multiyear deal outlining the number of race days and how they are funded.” In recent years, the horsemen and Jockey Club Owner Frank Stronach have “dragged the negotiations well into December, feeding sentiment that the horse racing business in Maryland is unstable and leaving breeders, trainers, jockeys and owners reluctant to make a commitment to working in the state” (Baltimore SUN, 10/16).
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