The NCAA has announced that it will find new locations for five NCAA championship events that were scheduled to occur in New Jersey. The decision came after New Jersey decided to move forward with its effort to offer legalized sports betting including betting on intercollegiate athletic contests. New Jersey announced that sports betting licenses could be issued as early as January 9, 2013 as long as the federal lawsuit filed by the NCAA and major professional sports leagues does not prohibit such licenses. A discussion of the lawsuit filed by the NCAA and major professional sports leagues can be found here.
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