Is it a given that juice will be 1.1 to 1. Maybe with compeition could be some casinos doing 1.05. Most books limit to 10k per wager unless approved.

The Federal case is very weak. Never have the Feds ever tried to ban purely INTRAstate gambling of any type that I know of (anyone have any examples?). And the fact that states have exemptions (Nevada) and it's not a blanket ban - and that the Feds even offered to grandfather NJ in - means that any potential harm can't be that bad. I don't think a 50-state ban is Constitutional either, but what I am saying is that the above mentioned discussion about that it enters the Commerce Clause because of alleged harms will fall on deaf ears if its less than a 50-state band - then it just looks like a policy choice.

It really doesn't affect any other commerce at all - unless they allege that it corrupts sports. But they would have to prove that LEGAL wagering can corrupt sports, when most of the evidence is that only ILLEGAL does and LEGAL wagering actually catches fixed matches. Add to that that the rest of the world allows legal betting, as further proof it doesn't corrupt sports in other states - and there really isn't any interstate commerce to hang a hat on.

7-2 loss for the US Government or more at the Supreme Court.

from John Brennan's Twitter (@BergenBrennan)

BREAKING: all 4 sports leagues + NCAA suing NJ state officials to stop sports betting efforts, citing federal ban for most states

https://twitter.com/BergenBrennan/st...34363274956800

..

New Jersey state Senator Ray Lesniak, the primary sponsor of this initiative from the beginning, has responded to today's lawsuit.

“Let the games begin,” said Lesniak of Tuesday’s suit. “From the start, we wanted our day in court to prove that the federal ban on sports wagering is unconstitutional. By moving forward with a law to legalize sports wagering in New Jersey – a law that was approved overwhelmingly by the voting public of New Jersey – we drew a line in the sand and dared the sports organizations to cross it. Their lawsuit today means they’ve played right into our hands, and now they have the burden of defending the constitutionality of an unfair sports wagering ban which gives four states in the country – and off-shore betting operators and organized crime – a monopoly to the detriment of everybody else.

“Frankly, I was wondering when they were going to take the bait,” added Lesniak. “Now we can once and for all put to rest the question of New Jersey’s ability to determine for itself the appropriateness of sports wagering. The sooner we get into court, the sooner our residents will be able to enjoy sports betting at our casinos and racetracks and our state treasury will get the revenues from sports betting now going to Nevada and organized crime betting rings.”

Source: NorthJersey.com

A spokesperson for Governor Christie was also quoted as saying that the governor "stood by" his earlier statement (declaring support for going forward).

Seems to me like the sports leagues are content to sue, even if they know it's likely a lost cause. What do they really stand to lose, besides all the money they ship to lawyers?

I agree, I don't believe any of the sports leagues think they can stop this. New Jersey will win in Federal Court.

So what about NJ suing the federal government?

Funny how the leagues claim sports betting leads to match fixing, but heavily promote fantasy leagues. Isn't easier to fix the stats of one player than it is a game?