The Third Circuit recently struck down an attempt by New Jersey to legalize sports betting, holding that the state law conflicts with federal gambling rules. The ruling marks the second time the court has slapped down New Jersey's attempts to legalize betting.
New Jersey has sought for years to allow sports betting, in hopes that letting sports fans put a few bucks down on the home team would liven up the state's faltering casinos. Voters even approved a constitutional amendment in 2012 authorizing betting. Unfortunately for New Jersey, the state has twice failed to find a way around federal laws prohibiting state-sponsored sports betting.