{"id":5771,"date":"2018-05-04T20:28:32","date_gmt":"2018-05-04T20:28:32","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=5771"},"modified":"2018-05-06T22:02:11","modified_gmt":"2018-05-06T22:02:11","slug":"new-jersey-sports-betting-bill-features-an-integrity-fee","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/new-jersey-sports-betting-bill-features-an-integrity-fee\/","title":{"rendered":"New Jersey Sports Betting Bill Features An Integrity Fee"},"content":{"rendered":"
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New Jersey\u2019s<\/strong> quest for legalized sports betting<\/strong> seemingly has an inexhaustible supply of twists, turns,\u00a0and surprises.<\/p>\n

The latest example comes courtesy of a trio of the state\u2019s own legislators. These lawmakers are Assemblyman\u00a0Eric Houghtaling<\/strong>, Assemblywoman\u00a0Joann Downey<\/strong>,\u00a0and\u00a0<\/strong>Assembly Appropriations Chair\u00a0John Burzichelli.<\/strong><\/p>\n

The three Democrats are co-sponsoring a\u00a0new sports betting bill\u00a0that actually includes a provision for an integrity fee<\/strong>. That\u2019s particularly surprising, considering the resistance<\/strong> to the idea from New Jersey lawmakers.<\/p>\n

Recent reports indicate representatives from the NBA<\/strong> and MLB<\/strong> met with New Jersey lawmakers about that very issue on multiple occasions and\u00a0were firmly rebuffed<\/a>. After years of doing battle with the leagues in court and reportedly racking up\u00a0almost $9 million<\/strong> in legal bills, the Garden State understandably isn\u2019t in a very giving mood when it comes to potential future sports betting revenue.<\/p>\n

Creative compromises in legislation draft<\/h2>\n

The new bill actually takes more of a compromising position. However, it still avoids giving in to the leagues\u2019 ideal scenario of a 1.0 percent<\/strong> integrity fee on all handle. In fact, the authors of the proposed legislation deserve some style points for creativity. While the bill proposes an \u201cintegrity fund\u201d, it won\u2019t<\/strong> automatically serve as a till for the leagues to dip into.<\/p>\n

Rather, the state will\u00a0control the purse strings, so to speak. Each league can seek reimbursement (via a claim form) for costs associated with \u201censuring the integrity of its sports events with respect to sports wagering operations in New Jersey.\u201d The final arbiter of whether any funds are disbursed will be New Jersey\u2019s Attorney General<\/strong>.<\/p>\n

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