- The Supreme Court didn't rule on the efforts of New Jersey to legalize sports betting in the state in a development that could be a setback for casinos in the region.
- New Jersey was hoping to join Nevada, Delaware, Oregon, and Montana as the only state where sports betting was sanctioned.
- State legislators haven't give up the fight and say they will pursue a different strategy to see widespread sports betting allowed in New Jersey.
- Related stocks: BYD, MGM, CZR
at Zacks.com (Nov 7, 2014)