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Old 07-07-2010, 01:31 PM
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A betfair launch in the us inched closer yesterday...

A BETFAIR LAUNCH IN THE US INCHED CLOSER AFTER THE US STATE OF NEW JERSEY’S GENERAL ASSEMBLY UNANIMOUSLY APPROVED THE EXCHANGE BETTING MODEL USED BY COMPANIES SUCH AS BETFAIR AND BETDAQ, EGR Magazine reports. The approval by the junior house in the state’s two-house legislature, means the measure to approve exchange betting will now appear before the Wagering, Tourism and Historic Preservation committee of the Senate, the senior house. Both the Senate and Assembly in the north eastern state have now disbanded for the summer recess. Meanwhile, the New Jersey Gaming, Sports and Entertainment Advisory Commission has been given more time to report back to Governor Chris Christie on how best to maximise the state’s horseracing and casino industries, Gaming Intelligence writes. The report, which is intended to be the basis of a state-wide approach to gaming is now due on August 1.

Betfair's US prospects boosted as NJ Assembly approves exchanges | eGaming Review
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