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“Behind this court’s back, each commissioner’s league and team owners made huge profits from the spread of sports betting, both on the outcome of their games and their players’ performances in their games,” the Monmouth filing says. At the same time, the racetrack says, New Jersey’s horse-racing industry “came perilously close to being destroyed.” The leagues, through their attorney, Jeffrey A. Mishkin, declined to comment. In his letter to the judge , Mishkin brushed off Monmouth Park for “reviving well-worn arguments” concerning the leagues’ involvement in fantasy sports, which he said the courts have “repeatedly rejected.” The NBA, the NHL, and MLB have ownership stakes in either DraftKings or FanDuel, the two major venues for daily fantasy gaming. Two NFL team owners, Jerry Jones of the Dallas Cowboys and Robert Kraft of the New England Patriots, also own stakes in DraftKings. Many teams, including the Eagles, Phillies, and 76ers, have formed partnerships with the fantasy sports schemes. And Monmouth says the NCAA, despite “sanctimonious” policies frowning on sports betting, has done nothing to discourage ubiquitous, albeit illegal, betting on the annual men’s college basketball tournament, which it called the “single-largest sports betting event in the United States.” Bettors wait to make wagers on sporting events at the Borgata http://wagertophwswp.blogger-news.net casino in Atlantic City, N.J. The Supreme Court decision in May ended New Jersey’s seven-year battle to legalize sports wagering, ruling that the Professional and Amateur Sports Protection Act of 1992 was unconstitutional. The federal law banned sports gambling in most of the country.
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