PHILADELPHIA (AP) — A U.S. appeals court is wondering if New Jersey would become “the Wild East” if it becomes the rare state to allow sports betting but not regulate it. New Jersey officials have tried for several years to legalize sports betting despite a 1992 federal law that forbids it.A revised 2014 law would allow sports betting at Atlantic City casinos and certain racetracks. U.S. Circuit judges in Philadelphia have twice rejected New Jersey’s efforts but reconsidered Wednesday in arguments before the full court. Gov. Chris Christie says the state is losing millions to illegal sports betting that could help the casino and racing industries. At least one judge suggested that other states could simply follow suit. A decision is not expected for several months.