“Americans gambled an estimated $10 billion on various aspects of the 2013 sports spectacle – from picking the winner to whether Alicia Keys will flub the words of the national anthem.  New Jersey would like a cut of that $10 billion and more of the money now regularly wagered privately on sporting events. Last year, the state approved a new law to start doing just that.  But on Feb. 1, the Obama administration filed a court brief to block the state action. And on Feb. 14, a federal judge will hear arguments on whether New Jersey – along with other states eager to follow its example – can be allowed to ignore a 1992 federal law against sports betting.”

http://www.csmonitor.com/Commentary/the-monitors-view/2013/0202/Why-states-shouldn-t-cash-in-on-Super-Bowl-odds

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