New Jersey lawmakers held a news conference to promote sports betting on Wednesday, the day after the official start to the NCAA March Madness Tournament. "We need to create a level playing field," said state Sen. and former Atlantic City, N.J., Mayor Jim Whelan. The 1992 federal Professional and Amateur Sports Protection Act allowed Delaware, Montana, Nevada and Oregon to grandfather in sports betting while banning the practice in the other 46 states. Lawmakers cited job creation and off-season tourism as key reasons why the state should have legalized sports betting.

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