N.J. asks court to allow sports betting

New Jersey state officials told a federal appeals court Wednesday they want to legalize sports betting in the state’s casinos and racetracks.

Gov. Chris Christie wants to tap into the multibillion-dollar sports betting industry but must first get around a 1992 federal law that limits sports betting to Nevada and three other states. The U. S. Justice Department, the NCAA and the four major pro sports leagues oppose Christie’s efforts. kyo-based SoftBank to help bolster its network and make acquisitions.