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New Jersey prosecutors seek 10-year sentence for former councilman in gambling case

Enforcement & compliance

Former Prospect Park councilman Anand Shah pleaded guilty to racketeering, money laundering and official misconduct tied to an illegal gambling operation across three New Jersey counties. Prosecutors recommended a 10-year prison sentence; the source says Shah was barred from holding public office and had resigned the previous Friday.

The case concerns a former public official’s role in an illegal gambling operation and the sentence prosecutors are seeking.

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Regulation

US election leaves prediction market legal disputes before courts

The US mid-term election brought Democrats control of the House and Senate, while state regulators and prediction-market operators continue to dispute the legality of sports event contracts. New Jersey Attorney General Jennifer Davenport asked the Supreme Court in September to review whether federal law prevents states from regulating those contracts; a law professor quoted in the report said he expects the court to hear the challenge.

New Jersey Atty. Gen. Jennifer Davenport petitioned the Supreme Court in September to consider whether states may regulate sports offerings on prediction markets. Democrats took control of both the House and the Senate in the mid-term election.

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