Gambling In New Jersey
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Gambling In New Jersey
Gambling in New Jersey includes casino gambling in Atlantic City, the New Jersey Lottery, horse racing, off-track betting, charity gambling, amusement games, and social gambling. New Jersey's gambling laws are among the least restrictive in the United States. In 2013, the state began to allow in-state online gambling. Five years later, the state won a lawsuit that dismantled Nevada's monopoly on legal sports betting. History Early era Gambling has a long legacy in New Jersey, with the state historically being more permissive of gambling than most other states. Until they were banned in 1844, lotteries were common in New Jersey. They were used to help pay for the military during the French and Indian War and American Revolution, and help finance the construction of Queen's College (now Rutgers University) and the College of New Jersey (now Princeton University). Freehold Raceway is the oldest racetrack in the United States, with horse racing having taken place there informally s ...
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Atlantic City, Aerial View
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe and Asia from the "New World" of the Americas in the European perception of the World. The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Europe and Africa to the east, and North and South America to the west. As one component of the interconnected World Ocean, it is connected in the north to the Arctic Ocean, to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south (other definitions describe the Atlantic as extending southward to Antarctica). The Atlantic Ocean is divided in two parts, by the Equatorial Counter Current, with the North(ern) Atlantic Ocean and the South(ern) Atlantic Ocean split at about 8°N. Scientific explorations of the Atlantic ...
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Non-profit Organizations
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Religious Denomination
A religious denomination is a subgroup within a religion that operates under a common name and tradition among other activities. The term refers to the various Christian denominations (for example, Eastern Orthodox, Catholic, and the many varieties of Protestantism). It is also used to describe the five major branches of Judaism (Karaite Judaism, Orthodox, Conservative, Reform, and Reconstructionist). Within Islam, it can refer to the branches or sects (such as Sunni, Shia), as well as their various subdivisions such as sub-sects, schools of jurisprudence, schools of theology and religious movements. The world's largest religious denominations are Sunni Islam and Catholic Church. Christianity A Christian denomination is a generic term for a distinct religious body identified by traits such as a common name, structure, leadership and doctrine. Individual bodies, however, may use alternative terms to describe themselves, such as church or fellowship. Divisions between ...
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Slot Machines
A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively as one-armed bandits because of the large mechanical levers affixed to the sides of early mechanical machines and the games' ability to empty players' pockets and wallets as thieves would. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated. Some modern slot machines still include a lever as a skeuomorphic design trait to trigger play. However, the mechanics of early machines have been superseded by random number generators, and most are now operated using buttons and touchscreens. Slot machines include one or more currency detectors that validate the form of payment, whether coin, cash, voucher, or token. The machine pays out according to the pattern of symbols displaye ...
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Numbers Game
The numbers game, also known as the numbers racket, the Italian lottery, Mafia lottery or the daily number, is a form of illegal gambling or illegal lottery played mostly in poor and working class neighborhoods in the United States, wherein a bettor attempts to pick three digits to match those that will be randomly drawn the following day. For many years the "number" has been the last three digits of "the handle", the amount race track bettors placed on race day at a major racetrack, published in racing journals and major newspapers in New York. Gamblers place bets with a bookmaker ("bookie") at a tavern, bar, barber shop, social club, or any other semi-private place that acts as an illegal betting parlor. Runners carry the money and betting slips between the betting parlors and the headquarters, called a numbers bank. Closely related is policy, known as the policy racket, or the policy game. The name "policy" is based on the similarity to cheap insurance, which is also a gam ...
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Bookmaking
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. W ...
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New Jersey Constitution
The Constitution of the State of New Jersey is the basic governing document of the State of New Jersey. In addition to three British Royal Charters issued for East Jersey, West Jersey and united New Jersey while they were still colonies, the state has been governed by three constitutions. The first was adopted on July 2, 1776, shortly before New Jersey ratified the United States Declaration of Independence and the second came into effect in 1844. The current document was adopted in 1947 and has been amended several times. The state constitution reinforces the basic rights found in the United States Constitution, but also contains several unique provisions, such as regulations governing the operation of casinos. At 26,159 words, the document is slightly shorter than the average American state constitution (about 28,300 words). Previous versions Three fundamental documents had governed the territory now known as New Jersey. The first was the Concession and Agreement, which wa ...
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Parimutuel Betting
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator, which calculates and displays bets already made. In short, the word ''parimutuel'' implies tiered winnings/earnings. The parimutuel system is used in gambling on horse racing, greyhound racing, jai alai, and other sporting events of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some lottery games. Definition Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed – in fixed odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gamb ...
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New Jersey Legislature
The New Jersey Legislature is the legislative branch of the government of the U.S. state of New Jersey. In its current form, as defined by the New Jersey Constitution of 1947, the Legislature consists of two houses: the General Assembly and the Senate. The Legislature meets in the New Jersey State House, in the state capital of Trenton. History Colonial period The New Jersey Legislature was established in 1702 upon the surrender by the Proprietors of East Jersey and those of West Jersey of the right of government to Queen Anne. Anne's government united the two colonies as the Province of New Jersey, a royal colony, establishing a new system of government. The instructions from Queen Anne to Viscount Cornbury, the first royal governor of New Jersey, outlined a fusion of powers system, which allowed for an overlap of executive, legislative and judicial authority. It provided for a bicameral legislature consisting of an appointed Council and an elected General Assembly. The ...
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Monmouth Park Racetrack
Monmouth Park Racetrack is an American race track for thoroughbred horse racing in Oceanport, New Jersey, United States. It is owned by the New Jersey Sports and Exposition Authority and is operated under a five-year lease as a partnership with Darby Development, LLC. Monmouth Park's marquee event is the Haskell Invitational, named after Amory L. Haskell. The Haskell was first run in 1968 as a handicap, but was made into an Invitational Handicap in 1981. It is now a 1⅛-mile test for three-year-olds run in late July. Monmouth Park also now showcases the Jersey Derby originally run at Garden State Park until its closure in 2001. The racetrack's season spans from early May to Labor Day in early September. History Long Branch Racetrack Three different buildings have been called Monmouth Park throughout the years. The original thoroughbred racing track was opened by the Monmouth Park Association on July 30, 1870 in Eatontown, New Jersey to increase summer tourism for communities a ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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